10120 N Oracle Road, Oro Valley, AZ 85737

$1,750,000
Property Type: Commercial Square Footage: 6,800 Lot Size (sq. ft.): 40 Status: Closed
Current Price: $1,750,000 List Date: 5/14/2005 Last Modified: 10/25/2024

Overview

Description

BRAND NEW Property leased for 15 years to A+ Tenant. $122,400 NNN annual net operating income with 3% annual increases. 7 CAP rate Also see MLS# 2513041,MLS# 2513043, MLS# 2513048-In Escrow.

Listing Details MLS# 2513044

Address Information

Street #
10120
Direction
N
Street Name
Oracle
Suffix
Road
State/Province
AZ
Zip Code
85737
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
224-31-01601
Area
Northwest
Tax Year
2004
Taxes
2190
Assessments
175
Legal Description
San Jose Plaza Lot 5
Municipality/Zoning
Oro Valley - C2
Fire Protection
None

General Property Information

# Units
Yes
Year Built
2005
Lot Dimensions
200x217
Lot Acres
Yes
Lot Sqft
43618
Lot Size Source
Owner
Combined SqFt
6800
Source of SqFt
Owner
List Price/SqFt
257.35
Lot Size Price/SqFt
40.12

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
2005-10-24
Pending Date
2005-05-15
Sold Date
2005-10-24
Sold Price/SqFt
257.35
Lot Sz Sold Prc/SqFt
40.12
Financing
Conventional

More Information

Showing Information

Directions
North on Oracle road to address

Income

Gross Scheduled Rent
122400
Adjusted Gross
122400
Net Opp Income
122400

Analysis

Cap Rate %
6.99
Gross Rent Multi
14.3

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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