1103 Circulo Mercado, Rio Rico, AZ 85648 (MLS# 4110954)

$1,500,000

1103 Circulo Mercado
Rio Rico, AZ 85648
MLS# 4110954
Status: Closed
16500 sqft

1 / 5

Property Description
Modern, 1-story masonry Office/Medical/Retail bldg w/approx. 14,800sf rentable space. 6 quality tenants: 1 900sf vacancy. Anchor: Mariposa Community Health Center/Dental Clinic; SCC Real Estate Board; Rio Rico Pharmacy; UofA Extension; Nail Spa and 5-Office Suite. Gross over $200K annual. Cap Rate 8.5%. All spaces built-out w/quality TIs. Sewer, water, gas & electric. Loaded w/value for savvy Investor. Across from Rio Rico Post Office & quality new residentail development.

Details

Maps

Address Information

Country: USA

Street #: 1103

Street Name: Circulo Mercado

State/Province: AZ

Zip Code: 85648

County: Santa Cruz

Location, Tax & Legal

Tax Year: 2009

Taxes: 37557

Legal Description: Sub Rio Rico Unit 7 Blk 708 Lots 16, 17, 18 & 19

Development Name: Auriemmo’s Rio Rico Center

Tax Code: 114-50-055

Area: SCC-Rio Rico West

Status Change Info

Off Market Date: 2012-07-27

Sold Price/SqFt: 90.91

Financing: Conventional

Pending Date: 2012-04-15

Sold Date: 2012-07-27

Sold Price: $1,500,000

Showing Information

Directions: South on I-19 to Exit 17 (Yavapai/Rio Rico), R on W Frontage Rd. 1/2 mile to Circulo Mercado and property.

General Property Information

Property Sub-Type: Other

Lot Acres: 1.22

Source of SqFt: Owner

List Price/SqFt: 102.73

Year Built: 2006

Combined SqFt: 16500

Contract Information

Current Price: $1,500,000

Sold Price: $1,500,000

Listing Date: 2011-08-29

Status: Closed

Remarks Misc

Geo Lat: 31.473136

Geo Lon: -111.000323

Property Features

Listing Office: Paul F. Elders

Last Updated: December – 12 – 2024

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