Multi-Tenant Retail Warehouse
3100 N Stone Ave Tucson, AZ 85705
For Sale
Contact for pricing
Two buildings provide 26 units combining front retail/showroom space with rear warehouse access via roll-up doors.
Property Size32,543 SF
Price / SF$107.55
Days on Market161
Property Features for 3100 N Stone Ave
General Information
- Standard status
- Active
- Size
- 32,543 SF
- Property subtype
- Industrial, Office, Retail
Building Details
- Year Built
- 1986
Listing Agency:
Arizona Real Estate Professionals Group, LLC
(520) 372-4222
Listed By:
Teresa Zizak · License #BR687835000
Source:
Crexi
Added: Feb 13
Changed: Jul 22
Last Checked: Jul 23 at 3:23PM
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 Arizona Real Estate Professionals Group, LLC
Investment Insights
Based on property information with market context.
This multi-tenant retail and warehouse property features two buildings containing a total of 26 individual units. Each unit is configured with front showroom or retail space paired with rear warehouse functionality for loading and back-of-house operations. Roll-up doors provide direct warehouse access within the unit layout.
The property is located on Stone Avenue in Tucson, offering strong street presence and convenient access to major Tucson corridors. The mix of customer-facing front space and secure rear warehouse areas supports a broad range of business uses.
As a portfolio or operating asset, the property’s multi-unit format is designed to accommodate tenants that need both retail exposure and practical warehouse utility in the same leased space.
The property is located on Stone Avenue in Tucson, offering strong street presence and convenient access to major Tucson corridors. The mix of customer-facing front space and secure rear warehouse areas supports a broad range of business uses.
As a portfolio or operating asset, the property’s multi-unit format is designed to accommodate tenants that need both retail exposure and practical warehouse utility in the same leased space.
Key Highlights
- Multi‑tenant retail and warehouse property built in 1986 on high‑traffic Stone Avenue (3100 N Stone Ave, Tucson).
- Two buildings total 26 individual units, each with front showroom/retail space and rear warehouse space.
- Rear warehouse access in each unit includes roll‑up doors for loading and convenient entry.
Financial Insights For Retail
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 | $507.7k | $15.60 |
| − Vacancy | −$52.3k | −$1.61 |
| EGI | $455.4k | $13.99 |
| − OpEx | −$136.6k | −$4.20 |
| NOI | $318.8k | $9.80 |
32,543 SF · lease $15.60/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.55M
$3.98M – $5.31M
NOI $318,766 @ 7.0% cap · market cap 9.11%
Second Best
Warehouse
$3.60M
$3.15M – $4.20M
NOI $251,742 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$7.49M
$6.55M – $8.74M
NOI $524,197 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ascension Studio
Barber Shop
RU YI SPA
Alternative Medicine Practice
EV of Tucson steam ...
(Bike/Boat/Book/etc) Store
kirby company
(Bike/Boat/Book/etc) Store
Southern Arizona Stone ...
Industrial Manufacturer
Similar Off Market Nearby
- Jensen Cook Inc — 437 W Thurber Rd # 12, Tucson, AZ 85705
FAQs
What type of property is this?
Flex space - Two buildings provide 26 units combining front retail/showroom space with rear warehouse access via roll-up doors.
Where is this flex space located?
The property is located at 3100 N Stone Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Multi‑tenant retail and warehouse property built in 1986 on high‑traffic Stone Avenue (3100 N Stone Ave, Tucson).; Two buildings total 26 individual units, each with front showroom/retail space and rear warehouse space.; Rear warehouse access in each unit includes roll‑up doors for loading and convenient entry.
