Commercial Kitchen with Walk-In
For Sale
$635,000
3452 E Milton Road, Tucson, AZ 85706
Tucson, AZ
Property Size1,860 SF
Lot Size0.22 Acres
Price / SF$341.40
Days on Market121
Property Features for 3452 E Milton Road
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.22 Acres
Amenities
walk-in freezer
partial fencing
Building Details
Year built
1973
Listing Agency:
Engel & Volkers Tucson · Engel & Völkers
(520) 201-0000
Listed By:
Andres Cota
(520) 954-5800
Added: Jun 12
Changed: Oct 10
Last Checked: Oct 10 at 10:06PM
MLS# 22517543
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,860 SF commercial kitchen property was built in 1973 and has been renovated, with updated electrical service, sewer lines, and HVAC. A walk-in freezer, basic equipment, and a commissary setup are on site; the equipment will convey with the sale. The property also includes nine parking spaces and partial fencing on a 9,750 SF lot.
MU (Mixed Use) zoning allows commercial, office, retail, service, and live/work uses. The building is near I-10.
MU (Mixed Use) zoning allows commercial, office, retail, service, and live/work uses. The building is near I-10.
Key Highlights
- Renovated 1,860 SF commercial kitchen building
- 9,750 SF lot with partial fencing
- Walk‑in freezer and commissary setup
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,678
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,560
$433.6K
Cap Rate 7%
$309,686
$309.7K
Cap Rate 9%
$240,867
$240.9K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$31.2K $16.80/SF
− Vacancy
−$2.3K −$1.26/SF
EGI
$28.9K $15.54/SF
− OpEx
−$7.2K −$3.89/SF
NOI
$21.7K $11.66/SF
Area
ZIP 85706
Vacancy
7.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,560
Cap Rate 7%
$309,686
Cap Rate 9%
$240,867
Alternative Uses
Best Use
Specialty Retail
$309.7K
$271.0K – $361.3K
NOI $21,678 @ 7.0% cap · market cap 3.41%
Second Best
Industrial
$179.9K
$157.4K – $209.8K
NOI $12,590 @ 7.0% cap · market cap 1.98%
Theoretical Best
Office A
$384.6K
$336.5K – $448.7K
NOI $26,922 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
8,867 visits/mo
0.1 miles
CubeSmart Self Storage
Shops & Services
569 visits/mo
0.3 miles
Demographics for 85706, AZ
54,853
Population
19,095
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
13.1 sq mi
ZIP Area
4,187
Density / Sq Mi
$49,072
Median Household Income
$30,977
Median Earnings
$981
Median Rent
$169,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - MU zoning accommodates commercial, office, retail, service, and live/work uses.
Where is this commercial kitchen located?
The property is located at 3452 E Milton Road Tucson, AZ.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Renovated 1,860 SF commercial kitchen building; 9,750 SF lot with partial fencing; Walk‑in freezer and commissary setup
