Property summary
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.
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