3695 Foothills Dr, Sierra Vista, AZ 85635

This exceptional value-add investment opportunity presents a three-building office complex totaling 10,107 square feet situated on a highly desirable 43,168-square-foot lot in Sierra Vista, Arizona. The property, located at the prominent northeast corner of Highway 92 and Foothills Drive, benefits from significant visibility and high traffic counts due to its strategic placement on a signalized intersection. Built in 1967, with renovations completed in 1985, the complex comprises three single-story buildings featuring ten individual office suites ranging from 650 to 1,950 square feet, currently boasting 77% occupancy. The ample parking area provides 58 concrete spaces, ensuring convenient access for tenants and visitors. The property enjoys convenient ingress and egress onto Highway 92 and Foothills Drive. The asking price is $1,200,000, representing a price per square foot of $118.73 and a pro-forma cap rate of 7.24%, with a pro-forma NOI of $86,831. The property is zoned GC and offers significant potential for future growth and development. This prime location and substantial lot size make this a compelling investment opportunity in a thriving market. The property's location at the "going home" corner of a major arterial intersection ensures high visibility and accessibility.