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Tucson Industrial Investment Opportunity
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829 W SILVERLAKE RD, Tucson, AZ 85713

Single tenant industrial property leased through October 2029.

Property Size12,000 SF
Lot Size3.23 Acres
Price / SF$283.33
Days on Market74

Property Features for 829 W SILVERLAKE RD

General Information

Standard status Active
Size 12,000 SF
Lot size 3.23 Acres
Property subtype Industrial

Building Details

Year Built 1962
Listing Agency: Rein & Grossoehme Commercial Real Estate
Listed By: Max Schumacher, SIOR · License #SA678600000
Source: Crexi
Added: May 20 Changed: Jul 10 Last Checked: Jul 31 at 4:04PM

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 Rein & Grossoehme Commercial Real Estate

Investment Insights

Based on property information with market context.

This single-tenant industrial investment opportunity is located at 829 W Silverlake Rd in Tucson. The property features a 12,000-square-foot industrial shop and office building on a 3.23-acre site, which provides a significant yard and parking area suitable for fleet operations. The property is zoned I-1 within the City of Tucson and offers access to the regional freeway network, located less than 0.5 miles from the I-10 and I-19 interchange. The property is fully leased to MTM Transit, LLC, a nationally operating, government-contracted paratransit and non-emergency medical transportation company, through October 31, 2029. The lease includes 3% annual rent escalations throughout the initial term, increasing from the current rate of $18,750 per month NNN to $20,488 per month NNN by the final lease year. In-place rents are currently below market, offering mark-to-market upside at the October 2029 expiration or upon exercise of the tenant's one 12-month renewal option at $21,103 per month NNN.

Key Highlights

  • Fully leased through October 2029 to MTM Transit, LLC.
  • Strategic location less than 0.5 miles from the I‑10 and I‑19 interchange, providing exceptional access.
  • Significant yard and parking area on a ±3.23‑acre site.

Property Analytics

Current Use

totalride Courier Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

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

6.4% 2019
5.7% 2020
4% 2021
2.5% 2022
3.9% 2023
5.4% 2024
7.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single tenant industrial property leased through October 2029.
Where is this nnn property located?
The property is located at 829 W SILVERLAKE RD Tucson, AZ.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Fully leased through October 2029 to MTM Transit, LLC.; Strategic location less than 0.5 miles from the I‑10 and I‑19 interchange, providing exceptional access.; Significant yard and parking area on a ±3.23‑acre site.
More about this property
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