Fenced Flex Space With Secured
New
For Sale
Contact for pricing
8920-8930 S Eisenhower, Tucson, AZ 85756
Heavy industrial property with a secured yard, equipment building, warehouse, office, and on-site truck scale.
Property Size3,875 SF
Lot Size1.15 Acres
Price / SF$252.90
Days on Market7
Property Features for 8920-8930 S Eisenhower
General Information
Standard status
Active
Size
3,875 SF
Lot size
1.15 Acres
Property subtype
Industrial
Zoning
Pima County Heavy Industrial Zoning (CI-2)
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
1,022 SF
Office Build-Out
400 SF
Amenities
truck scale
Listing Agency:
BRD Realty
Listed By:
Max Fisher · License #AZ SA644821000
Source:
Crexi
Added: Aug 4
Changed: Aug 9
Last Checked: Aug 10 at 9:52AM
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 BRD Realty
Investment Insights
Based on property information with market context.
This 1.15-acre flex property is fully fenced and zoned Pima County Heavy Industrial (CI-2). Improvements include a high-clear steel equipment building with a grade-level roll-up door, a warehouse, office space, and an on-site truck scale. The structure accommodates semi-trucks and heavy machinery, while the secured yard provides industrial outdoor storage space.
The property occupies a corner location at 8920-8930 S. Eisenhower Road in Tucson’s Airport industrial submarket, with frontage on Nogales Highway and Aerospace Parkway. I-19, I-10, Tucson International Airport, and Davis-Monthan Air Force Base are identified as nearby access points or employment centers. The configuration is suited to contractors, transportation companies, heavy equipment operators, recyclers, and industrial outdoor storage users.
The property occupies a corner location at 8920-8930 S. Eisenhower Road in Tucson’s Airport industrial submarket, with frontage on Nogales Highway and Aerospace Parkway. I-19, I-10, Tucson International Airport, and Davis-Monthan Air Force Base are identified as nearby access points or employment centers. The configuration is suited to contractors, transportation companies, heavy equipment operators, recyclers, and industrial outdoor storage users.
Key Highlights
- 1.15‑acre fully fenced heavy industrial property
- Pima County Heavy Industrial Zoning (CI‑2)
- Frontage on Nogales Highway and Aerospace Parkway
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,097
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$681,940
$681.9K
Cap Rate 7%
$487,100
$487.1K
Cap Rate 9%
$378,856
$378.9K
Market Conditions
NOI Build-Up for 3,875 SF
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.
Gross rent
$42.3K $10.92/SF
− Vacancy
−$2.2K −$0.57/SF
EGI
$40.1K $10.35/SF
− OpEx
−$6.0K −$1.55/SF
NOI
$34.1K $8.80/SF
Area
Tucson, AZ
Vacancy
5.20%
Lease Rate
$10.92 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$681,940
Cap Rate 7%
$487,100
Cap Rate 9%
$378,856
Alternative Uses
Best Use
Warehouse
$487.1K
$426.2K – $568.3K
NOI $34,097 @ 7.0% cap · market cap 3.48%
Second Best
Industrial
$401.1K
$351.0K – $468.0K
NOI $28,080 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.01M
$880.8K – $1.17M
NOI $70,464 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85756, AZ
35,345
Population
12,772
Households
2.8
Avg Household Size
36
Median Age
19%
College-Educated
83%
High-School Grad
93.7 sq mi
ZIP Area
377
Density / Sq Mi
$67,617
Median Household Income
$38,648
Median Earnings
$1,256
Median Rent
$210,800
Median Home Value
Market
Vacancy Rate% for Industrial in Tucson, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Heavy industrial property with a secured yard, equipment building, warehouse, office, and on-site truck scale.
Where is this flex space located?
The property is located at 8920-8930 S Eisenhower Tucson, AZ.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 1.15‑acre fully fenced heavy industrial property; Pima County Heavy Industrial Zoning (CI‑2); Frontage on Nogales Highway and Aerospace Parkway
