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    Tucson Distribution Center Near I-19 Title is generated by Realmo AI

    6700 S Pella Dr, Tucson, AZ 85746

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    Distribution center with immediate access to I-19 and major routes.

    Type:Industrial
    Property size:
    263,937 SF
    Price / SF:
    $120/SF
    Added:
    Aug 10, 2017
    Days on Market:
    3244
    Last Refresh:
    Mar 16 at 12:50 pm

    Property Features for 6700 S Pella Dr

    General Information

    Standard status
    Active
    Size
    263,937 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1989

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    Stephen Cohen
    Stephen Cohen

    Listing office Cushman & Wakefield PICOR Commercial Real Estate Services - Tucson, Arizona

    Listing date Aug 10, 2017

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield PICOR Commercial Real Estate Services - Tucson, Arizona

    HighLights

    • Immediate access to I‑19 for easy commuting.
    • Located just 0.9 miles from I‑19.
    • Easy access to Valencia Road, a major thoroughfare.
    • Strategic location for distribution, within a one‑day truck drive to multiple ports and cities.
    • Convenient access to Tucson International Airport.
    • Built in 1989.

    Overview

    This distribution center is located 0.9 miles from I-19, offering convenient access to the central business district, Tucson International Airport, and the population center. The property also benefits from its proximity to Valencia Road, a major 25-mile thoroughfare connecting to I-19, I-10, and Arizona State Route 86. The HomeGoods Distribution Center is within a one-day truck drive from the Ports of Long Beach and Los Angeles, San Diego, Las Vegas, Albuquerque, El Paso, and the Mariposa Point of Entry. The property has a size of 263937 square feet.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $2.69M $10.20
    − Vacancy −$140.0k −$0.53
    EGI $2.55M $9.67
    − OpEx −$382.8k −$1.45
    NOI $2.17M $8.22
    263,937 SF · lease $10.20/SF/yr · vacancy 5.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $30.99M
    $27.12M – $36.16M (±1% cap)
    NOI $2,169,340 @ 7.0% cap · market cap 6.85%
    Second Best
    Industrial
    $25.52M
    $22.33M – $29.78M (±1% cap)
    NOI $1,786,516 @ 7.0% cap · market cap 5.64%
    Theoretical Best
    Office A
    $67.55M
    $59.11M – $78.81M (±1% cap)
    NOI $4,728,569 @ 7.0% cap · market cap 14.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cheap Car Locks ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -111.0014738
    Latitude
    32.1301387

    FAQs

    What type of property is this?
    Distribution center - Distribution center with immediate access to I-19 and major routes.
    Where is this distribution center located?
    The property is located at 6700 S Pella Dr Tucson, AZ.
    What is the asking price?
    The asking price for this property is $31,672,500.
    What are key features of this property?
    This property features: Immediate access to I‑19 for easy commuting.; Located just 0.9 miles from I‑19.; Easy access to Valencia Road, a major thoroughfare.
    More about this property
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