10110 N Oracle Road, Oro Valley, AZ 85737

$2,360,000
Property Type: Commercial Square Footage: 6,525 Lot Size (sq. ft.): 68 Status: Closed
Current Price: $2,360,000 List Date: 5/14/2005 Last Modified: 10/25/2024

Overview

Description

BRAND NEW Property leased to 5 Tenants for $165,275 NNN annual net operating income with 4 TENANTS with 3% annual increases-1 at 2%. 6.9 CAP rate Also see MLS# 2513041,MLS# 2513043,MLS# 2513044-In Escrow.

Listing Details MLS# 2513048

Address Information

Street #
10110
Direction
N
Street Name
Oracle
Suffix
Road
State/Province
AZ
Zip Code
85737
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
224-31-01704
Area
Northwest
Tax Year
2004
Taxes
1762
Assessments
175
Legal Description
San Jose Plaza Lot 6
Municipality/Zoning
Oro Valley - C2
Fire Protection
None

General Property Information

Property Sub-Type
Retail
# Units
5
Year Built
2005
Lot Dimensions
200x175
Lot Acres
0.81
Lot Sqft
35089
Lot Size Source
Owner
Combined SqFt
6525
Source of SqFt
Owner
List Price/SqFt
367.82
Lot Size Price/SqFt
68.39

Property Features

Construction: Frame - Stucco Main Cooling: Zoned Main Heating: Heat Pump Sewer: Connected Terms: Cash Property Disclosures: Unknown

Status Change Info

Off Market Date
2005-10-07
Pending Date
2005-05-20
Sold Date
2005-10-07
Sold Price/SqFt
361.68
Lot Sz Sold Prc/SqFt
67.25
Financing
Conventional

More Information

Showing Information

Directions
North on Oracle road to address

Income

Gross Scheduled Rent
165275
Adjusted Gross
165275
Net Opp Income
165275

Analysis

Cap Rate %
6.88
Gross Rent Multi
14.52

Expenses

Figures Presented
Actual

Property Features

A.D.A. Compliant
Yes
Phase 1 Report
Yes

Electric

3 Phase Power
Yes
Amps
1000
Master Meter
Yes

Water

Water Company
Oro Valley

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Main Cooling

Zoned
Yes

Main Heating

Heat Pump
Yes

Terms

Cash
Yes

Property Disclosures

Unknown
Yes
Listing Office: Advisors in Real Estate, Inc.
IDX
Last Updated: October - 25 - 2024
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