Heavy-Power Flex
For Sale
$2,200,000
3520 South Dodge Boulevard, Tucson, AZ 85713
Single-tenant industrial building with loading capacity, heavy power, and CI-2 zoning for industrial and flex uses.
Property Size17,360 SF
Price / SF$126.73
Days on Market48
Property Features for 3520 South Dodge Boulevard
General Information
Standard status
Active
Size
17,360 SF
Property subtype
Industrial
Listing Agency:
CBRE
Listed By:
Jesse Blum · License #SA637961000
(520) 323-5185
Source:
Cbre
Added: Aug 21
Changed: Sep 27
Last Checked: Oct 5 at 4:52PM
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
Investment Insights
Based on property information with market context.
This single-tenant flex and industrial building contains approximately 17,360 SF on approximately 1.11 acres. Heavy power infrastructure supports industrial and manufacturing operations, while LED lighting serves the warehouse area. The property includes two dock-high doors and one grade-level loading door for loading and distribution functions.
CI-2 Industrial Zoning allows a range of industrial and flex uses. The site offers immediate access to I-10 and is near Tucson International Airport. Its single-tenant configuration supports owner-user or investment-oriented occupancy structures.
CI-2 Industrial Zoning allows a range of industrial and flex uses. The site offers immediate access to I-10 and is near Tucson International Airport. Its single-tenant configuration supports owner-user or investment-oriented occupancy structures.
Key Highlights
- ±17,360 SF industrial / flex building
- ±1.11 acres
- Heavy power infrastructure for industrial and manufacturing operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$161,948
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,238,960
$3.2M
Cap Rate 7%
$2,313,543
$2.3M
Cap Rate 9%
$1,799,422
$1.8M
Market Conditions
NOI Build-Up for 17,360 SF
Gross rent
$270.8K $15.60/SF
− Vacancy
−$21.7K −$1.25/SF
EGI
$249.2K $14.35/SF
− OpEx
−$87.2K −$5.02/SF
NOI
$161.9K $9.33/SF
Area
ZIP 85713
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,238,960
Cap Rate 7%
$2,313,543
Cap Rate 9%
$1,799,422
Alternative Uses
Best Use
Flex RnD
$2.31M
$2.02M – $2.70M
NOI $161,948 @ 7.0% cap · market cap 7.36%
Second Best
Warehouse
$1.81M
$1.59M – $2.11M
NOI $126,828 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$4.25M
$3.72M – $4.96M
NOI $297,481 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85713, AZ
46,810
Population
19,056
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
79%
High-School Grad
23.8 sq mi
ZIP Area
1,967
Density / Sq Mi
$50,264
Median Household Income
$32,302
Median Earnings
$1,017
Median Rent
$171,700
Median Home Value
Market
Vacancy Rate% for Industrial in Tucson, AZ
Questions? Ask Rey
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Similar Off Market Nearby
- G Hing Food Services Inc — 3515 E Golf Links Rd, Tucson, AZ 85713
Frequently Asked Questions
What type of property is this?
Flex space - Single-tenant industrial building with loading capacity, heavy power, and CI-2 zoning for industrial and flex uses.
Where is this flex space located?
The property is located at 3520 South Dodge Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: ±17,360 SF industrial / flex building; ±1.11 acres; Heavy power infrastructure for industrial and manufacturing operations
