4745-4753 E Camp Lowell Drive, Tucson, AZ 85712 (MLS# 21628055)

4745-4753 E Camp Lowell Drive, Tucson, AZ 85712

$2,700,000

Property Type: Commercial Square Footage: 12,923 Lot Size (sq. ft.): 126 Status: Closed

Current Price: $2,700,000 List Date: 3/23/2018 Last Modified: 12/09/2024

Overview

Description

Fully Occupied, Beautiful Medical Office Building located in Swan Corporate Center, Excellent Investment Property, Located on the Swan Road Foothills Corridor, The current leases are all NNN leases. One of the Owners is an Arizona Licensed Real Estate Agent; Do Not Disturb Tenants! Owner may carry with reasonable down payment. Approximate Square Footage by Unit Address: 4745 is 3,840 sq ft; 4747 is 1,593 sq ft; 4751 is 2,345 sq ft; 4753 is 5,117 sq ft. Cash to Available Financing $600,000.

Listing Details MLS# 21628055

Address Information

Street #: 4745-4753
Direction: E
Street Name: Camp Lowell
Suffix: Drive
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 109-25-032A
Area: Central
Tax Year: 2015
Taxes: 62870.39
Assessments: 0
Legal Description: Swan Corporate Center Lots 20-25
Municipality/Zoning: Tucson - O3
Fire Protection: Included in Taxes

General Property Information

Property Sub-Type: Professional/Office
# Units: 3
Year Built: 2001
Lot Dimensions: Irregular
Lot Acres: 0.48
Lot Sqft: 20909
Lot Size Source: Assessor
Combined SqFt: 12923
Source of SqFt: Assessor
List Price/SqFt: 205.06
Lot Size Price/SqFt: 126.74
Total Parking: 0
Leasable SqFt: 0

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Electric; Forced Air Sewer: Connected Water: Public Terms: Cash; Conventional; Owner Carry Property Disclosures: Military Airport Vct

Status Change Info

Off Market Date: 2018-07-14
Pending Date: 2018-10-18
Sold Date: 2018-10-19
Sold Price/SqFt: 208.93
Lot Sz Sold Prc/SqFt: 129.13
Financing: Conventional

More Information

Showing Information

Directions: From Swan & Camp Lowell, go East to First left, Follow Camp Lowell Drive to the address on the east side of the complex.

Income

Gross Scheduled Rent: 244000
Adjusted Gross: 244000
Total Expenses: 24000
Net Opp Income: 220000
Vacancy Loss: 0
Other Income: 0

Analysis

Cap Rate %: 8.15
Gross Rent Multi: 11.07
Exp/SqFt: 1.86
Exp % of Gross: 9.84
Vacancy Rate %: 0

Expenses

Admin Expenses: 12000
Captial Expenses: 8000
Contract Services: 4000
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 0
Water/Sewer: 0
Other Expenses: 0

Property Features

A.D.A. Compliant: Yes

Electric

3 Phase Power: Yes
Amps: 400

Construction

Frame - Stucco: Yes

Sewer

Connected: Yes

Water

Public: Yes

Main Cooling

Central Air: Yes

Main Heating

Electric: Yes
Forced Air: Yes

Terms

Cash: Yes
Conventional: Yes
Owner Carry: Yes

Sold Info

Seller Concessions: 0

Property Disclosures

Military Airport Vct: Yes

Listing Office: Tierra Antigua Realty

Last Updated: December - 09 - 2024

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