Cold Storage Distribution
345 South Kino Parkway Tucson, AZ 85719
For Sale
$2,000,000
Renovated industrial cold storage facility with refrigeration/freezer infrastructure, dock loading, and strong power capacity.
Property Size19,346 SF
Price / SF$103.38
Days on Market26
Property Features for 345 South Kino Parkway
General Information
Standard status
Active
Size
19,346 SF
Property subtype
Industrial
Listing Agency:
CBRE | Tucson
(520) 247-9194
Listed By:
Tim Healy · License #AZSA045285000
(520) 247-9194
Source:
Cbre
Added: Jul 3
Changed: Jul 10
Last Checked: Jul 26 at 5:27AM
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 CBRE | Tucson
Investment Insights
Based on property information with market context.
This 19,346-square-foot industrial facility is designed for cold storage and distribution, with specialized refrigeration and freezer infrastructure to support temperature-controlled operations. The property offers I-2 zoning, which allows for perishable goods manufacturing in addition to related distribution use. Built in 1970 and renovated in 2001, the facility includes dock loading with two docks and a grade-level loading arrangement, along with ample parking suitable for manufacturing and related workforce needs. Electrical service is a key feature, with 1,200 amps at 220 volts and 3-phase power capacity to support industrial equipment.
Located in central Tucson near I-10, the site is positioned for efficient regional connectivity. The property also benefits from adequate truck turning radius to support inbound and outbound logistics, along with on-site parking to serve manufacturing operations.
For operators seeking an industrial setup for refrigerated and freezer-controlled product handling, this facility’s specialized cold storage infrastructure, dock configuration, and operational power capacity provide a practical platform. The I-2 zoning also supports perishable goods manufacturing, making it a good fit for businesses that need both temperature-controlled storage and light manufacturing within the same facility.
Located in central Tucson near I-10, the site is positioned for efficient regional connectivity. The property also benefits from adequate truck turning radius to support inbound and outbound logistics, along with on-site parking to serve manufacturing operations.
For operators seeking an industrial setup for refrigerated and freezer-controlled product handling, this facility’s specialized cold storage infrastructure, dock configuration, and operational power capacity provide a practical platform. The I-2 zoning also supports perishable goods manufacturing, making it a good fit for businesses that need both temperature-controlled storage and light manufacturing within the same facility.
Key Highlights
- 19,346 SF industrial cold storage/distribution facility with specialized refrigeration and freezer infrastructure
- I‑2 zoning allows perishable goods manufacturing
- Built in 1970; renovated in 2001
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 | $211.3k | $10.92 |
| − Vacancy | −$11.0k | −$0.57 |
| EGI | $200.3k | $10.35 |
| − OpEx | −$30.0k | −$1.55 |
| NOI | $170.2k | $8.80 |
19,346 SF · lease $10.92/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.43M
$2.13M – $2.84M
NOI $170,232 @ 7.0% cap · market cap 8.51%
Second Best
Industrial
$2.00M
$1.75M – $2.34M
NOI $140,191 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$5.03M
$4.40M – $5.86M
NOI $351,794 @ 7.0% cap · market cap 17.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Distribution center - Renovated industrial cold storage facility with refrigeration/freezer infrastructure, dock loading, and strong power capacity.
Where is this distribution center located?
The property is located at 345 South Kino Parkway Tucson, AZ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 19,346 SF industrial cold storage/distribution facility with specialized refrigeration and freezer infrastructure; I‑2 zoning allows perishable goods manufacturing; Built in 1970; renovated in 2001
