Vacant Flex Building with
3754 S 16th Ave Tucson, AZ 85713
3754 S 16th Ave, Tucson, AZ, 85713
$3,775,000
For Sale
$3,775,000
Vacant 24,990 SF flex-style building with ADA restrooms and private mezzanine offices, plus substantial 2020 upgrades.
Property Size24,990 SF
Price / SF$151.06
Days on Market209
Property Features for 3754 S 16th Ave
General Information
- Standard status
- Active
- Size
- 24,990 SF
Listing agency
Gerchick Real Estate
(602) 688-9279
Listed by
Linda S Gerchick · License #BR114848000
(602) 688-9279
Source
Exprealty
Added: Dec 25, 2025 Updated: Jul 21 at 2:59PM Checked: Jul 21 at 2:59PM
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 Gerchick Real Estate
Investment Insights
Based on property information with market context.
A vacant commercial flex building delivered at closing, offering immediate availability and full flexibility for an owner-user or investor. The property includes ADA-compliant restrooms and private mezzanine offices, with a functional layout intended for a wide range of commercial or industrial uses, subject to zoning.
Recent capital improvements completed in 2020 include 50 LED commercial light fixtures, 14 five-ton Carrier HVAC units, newer lighting throughout, and newer HVAC systems. The building is also supported by a fire suppression system, exterior fencing, stainless steel security bars, and a stainless steel security door. A cardboard crusher is included.
The site offers ample on-site parking to support day-to-day operations and customer convenience.
Recent capital improvements completed in 2020 include 50 LED commercial light fixtures, 14 five-ton Carrier HVAC units, newer lighting throughout, and newer HVAC systems. The building is also supported by a fire suppression system, exterior fencing, stainless steel security bars, and a stainless steel security door. A cardboard crusher is included.
The site offers ample on-site parking to support day-to-day operations and customer convenience.
Key Highlights
- Vacant 24,990 SF commercial building delivered at closing for immediate occupancy and flexible owner‑user or investor use.
- ADA‑compliant restrooms plus private mezzanine offices with a functional layout suitable for a variety of commercial or industrial uses (subject to zoning).
- Major 2020 capital improvements include 50 LED commercial light fixtures and newer lighting throughout.
Local Financial Insights For Office B
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 | $479.8k | $19.20 |
| − Vacancy | −$86.4k | −$3.46 |
| EGI | $393.4k | $15.74 |
| − OpEx | −$98.4k | −$3.94 |
| NOI | $295.1k | $11.81 |
24,990 SF · lease $19.20/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.22M
$3.69M – $4.92M
NOI $295,082 @ 7.0% cap · market cap 7.82%
Second Best
Flex RnD
$3.33M
$2.91M – $3.89M
NOI $233,127 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$6.12M
$5.35M – $7.14M
NOI $428,229 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gem World AZ
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Vacant 24,990 SF flex-style building with ADA restrooms and private mezzanine offices, plus substantial 2020 upgrades.
Where is this flex space located?
The property is located at 3754 S 16th Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $3,775,000.
What are key features of this property?
This property features: Vacant 24,990 SF commercial building delivered at closing for immediate occupancy and flexible owner‑user or investor use.; ADA‑compliant restrooms plus private mezzanine offices with a functional layout suitable for a variety of commercial or industrial uses (subject to zoning).; Major 2020 capital improvements include 50 LED commercial light fixtures and newer lighting throughout.
