2425 N Huachuca Drive, Tucson, AZ 85745 (MLS# 2512832)

$1,300,000

2425 N Huachuca Drive
Tucson, AZ 85745
MLS# 2512832
Status: Closed
26560 sqft

Property Description
Desirable location just off of I-10. Very flexible space-interior walls can be reconfigured. Vacant space is built out as office. Roof is new. 1.6 acres of I1. 6 roll ups and one dock. Both leases are true NNN. Loan is assumable. Loan fully ammortize and pays out in 2019. Adjust every 5 years 250 basis points over the 5 year TBill. Income is actual except 4900 SF of vacant NNN reimbrusement in 04 was $45,000.

Details

Maps

Documents

Address Information

Country: USA

Street #: 2425

Direction: N

Street Name: Huachuca

Suffix: Drive

State/Province: AZ

Zip Code: 85745

County: Pima

Location, Tax & Legal

Tax Year: 2005

Taxes: 27693

Assessments: 0

Legal Description: Lot 28 Grant Road Industrial Park

Municipality/Zoning: Tucson – I1

Fire Protection: Included in Taxes

Tax Code: 107-03-1480

Area: West

Status Change Info

Off Market Date: 2005-10-11

Sold Price/SqFt: 48.94

Lot Sz Sold Prc/SqFt: 18.7

Financing: Conventional

Pending Date: 2005-06-13

Sold Date: 2005-10-11

Sold Price: $1,300,000

Showing Information

Directions: West on Grant Road from I-10 to Huachuca then North to address

General Property Information

Property Sub-Type: Industrial

# Units: 3

Lot Dimensions: 200x347x200x347

Lot Acres: 1.6

Lot Sqft: 69514

Lot Size Source: Assessor

Source of SqFt: Owner

List Price/SqFt: 52.71

Lot Size Price/SqFt: 20.13

Year Built: 1972

Combined SqFt: 26560

Electric

3 Phase Power: No

Master Meter: No

Income

Vacancy Loss: 9151

Other Income: 75012

Adjusted Gross: 180246

Total Expenses: 75012

Gross Scheduled Rent: 114385

Net Opp Income: 105234

Analysis

Gross Rent Multi: 7.76

Vacancy Rate %: 8

Exp/SqFt: 2.82

Exp % of Gross: 41.61

Cap Rate %: 7.51

Construction

Slump Block: 1

Expenses

Admin Expenses: 2261

CAM in Rent: 1

Figures Presented: Proforma

Gas/Electric: 11813

Insurance: 5631

Maintenance Supplies: 16594

Taxes/Assessments: 27693

Other Expenses: 11020

Sewer

Connected: 1

Water

Public: 1

Property Features

A.D.A. Compliant: No

Phase 1 Report: No

# Grade Doors: 6

Space Information

# Dock: 1

Main Cooling

Evaporative Cooling: 1

Zoned: 1

Main Heating

Forced Air: 1

Natural Gas: 1

Terms

Cash: 1

Conventional: 1

Submit: 1

Property Disclosures

Unknown: 1

Contract Information

Current Price: $1,300,000

Sold Price: $1,300,000

Listing Date: 2005-05-10

Status: Closed

Remarks Misc

Geo Lat: 32.251573

Geo Lon: -111.002978

Property Features

Expenses: CAM in Rent

Construction: Slump Block

Main Cooling: Evaporative Cooling; Zoned

Main Heating: Forced Air; Natural Gas

Sewer: Connected

Water: Public

Terms: Cash; Conventional; Submit

Property Disclosures: Unknown

Listing Documents

Lead Paint Discl

Listing Office: Long Realty Company

Last Updated: October – 25 – 2024

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