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Property profile

2716 6Th Ave Tucson, AZ 85713

OFF-MARKET
Office Spaces
Property ID
US07-2917179
8,533 SF Built 1987
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Property summary

AI-generated overview

This exceptional investment opportunity presents a single-tenant, 8,533 square foot medical office building situated at 2716 S. 6th Avenue in Tucson, Arizona. The property, built in 1987, is a Class B building on a 24,700 square foot lot and features 32 parking spaces, conveniently divided into employee and customer areas. Currently leased under a NNN (Net, Net, Net) lease to Healthcare Holdings of America, LLC, the lease commenced January 1, 2021, with a remaining term of four years, expiring December 30, 2026. The annual base rent is $110,500, calculated at $13.00 per square foot. The lease includes minimal landlord responsibilities, limited to the building structure. The property boasts a prime location, just two blocks from I-10, and enjoys high visibility near the Social Security office and across from the Salvation Army. The HVAC system is in good working order. Property taxes in 2020 were $12,130.62. The permitted zoning is SB1 South Tucson. This is a strong investment opportunity with a stable tenant and excellent location. The asking price is $1,578,000.

Property profile

Verified
Property type Office Spaces
Year built 1987
Total area 8,533 SF
UPID US07-2917179

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency

Location

2716 6Th Ave Tucson, AZ 85713
Tucson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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