2030 E Broadway Boulevard, Tucson, AZ 85719

$1,250,000
Property Type: Commercial Square Footage: 22,242 Lot Size (sq. ft.): 76 Status: Closed
Current Price: $1,250,000 List Date: 12/11/2008 Last Modified: 10/25/2024

Overview

Description

Prime central courtyard office building. Solid block building with 30+ offices. Close to U of A, and downtown. 90% leased at very reasonable rates

Listing Details MLS# 20840641

Address Information

Street #
2030
Direction
E
Street Name
Broadway
Suffix
Boulevard
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
129-04-1750
Area
Central
Tax Year
2007
Taxes
41000
Assessments
0
Legal Description
American Villa lots 1&2
Municipality/Zoning
Tucson - C1
Fire Protection
Included in Taxes

General Property Information

Property Sub-Type
Professional/Office
# Units
33
Year Built
1958
Lot Dimensions
140x153.5
Lot Acres
0.51
Lot Sqft
22166
Lot Size Source
Assessor
Combined SqFt
22242
Source of SqFt
Assessor
List Price/SqFt
75.98
Lot Size Price/SqFt
76.24

Property Features

Construction: Concrete Block Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Terms: Conventional Property Disclosures: Lead Based Paint

Status Change Info

Off Market Date
2009-09-28
Pending Date
2009-06-24
Sold Date
2009-09-28
Sold Price/SqFt
56.19
Lot Sz Sold Prc/SqFt
56.39
Financing
Cash to Loan

More Information

Showing Information

Directions
From Campbell East on Broadway to 2030

Income

Gross Scheduled Rent
330000
Vacancy Loss
33000
Adjusted Gross
297000
Total Expenses
136400
Net Opp Income
160600

Analysis

Cap Rate %
9.5
Gross Rent Multi
5.69
Vacancy Rate %
10
Exp/SqFt
6.13
Exp % of Gross
45.92

Expenses

Contract Services
18000
Figures Presented
Proforma
Gas/Electric
48000
Insurance
5400
Management
18000
Taxes/Assessments
41000
Water/Sewer
6000

Property Features

A.D.A. Compliant
No
Phase 1 Report
Yes

Electric

3 Phase Power
Yes
Amps
200
Master Meter
Yes

Sold Info

Selling Comments
Sweet

Construction

Concrete Block
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Terms

Conventional
Yes

Property Disclosures

Lead Based Paint
Yes
Listing Office: Butera Real Estate, Inc.
IDX
Last Updated: October - 25 - 2024
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