4805-4897 E Speedway Boulevard, Tucson, AZ 85712 (MLS# 22326187)

$3,500,000

4805-4897 E Speedway Boulevard
Tucson, AZ 85712
MLS# 22326187
Status: Closed
44653 sqft

1 / 5

Property Description
Pinecrest Shopping Center is located on Speedway Blvd, a major east/west artery in central Tucson. Entire center has excellent signage exposure. Heavy traffic volume area at 34,101 cars per day. All leases full triple net (NNN). 7.5% CAP. Pro-Forma is 8.5% CAP.
Current NOI $292.788.

Details

Maps

Address Information

Street #: 4805-4897

Direction: E

Street Name: Speedway

Suffix: Boulevard

State/Province: AZ

Zip Code: 85712

County: Pima

Country: USA

Location, Tax & Legal

Tax Code: 121-11-3250

Tax Year: 2023

Taxes: 61578.21

Legal Description: Pinecrest Lot 9 Blk 4

Area: Central

Municipality/Zoning: Tucson – C2

Fire Protection: Included in Taxes

FEMA Flood Zone: No

Municipal Flood Zone: No

Contract Information

Current Price: $3,500,000

Sold Price: $3,500,000

Listing Date: 2023-12-05

Status: Closed

Co-Op Fee: 3%

Short Sale: No

Status Change Info

Off Market Date: 2023-12-11

Pending Date: 2024-01-31

Sold Date: 2024-01-31

Sold Price: $3,500,000

Sold Price/SqFt: 78.38

Lot Sz Sold Prc/SqFt: 46.79

Financing: Cash

Showing Information

Directions: From Speedway Blvd and Swan RD, proceed east to 4805-4897 E Speedway Blvd on the north side of the street.

General Property Information

Dwelling Type: Retail

Multi-Tenant: Yes

Year Built: 1955

Lot Dimensions: Irreg.

Lot Acres: 1.72

Lot Sqft: 74802

Lot Size Source: Appraiser

Combined SqFt: 44653

Source of SqFt: Owner

List Price/SqFt: 87.34

Lot Size Price/SqFt: 52.14

Remarks & Misc

Geo Lat: 32.236583

Geo Lon: -110.889385

Electric

Electric Company: TEP

Property Features

Construction: Brick

Roof: Built-Up

Sewer: Connected

Road Type: Paved

Parking: Public Parking

Business Location: Commercial Strip

Terms: Cash; Conventional

Property Disclosures: Appraisal; Leases

Listing Office: Goldsmith Real Estate

Last Updated: February – 01 – 2024

4805-4897 E Speedway Boulevard, Tucson, AZ 85712 - MLS# 22326187

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

Community Golf Course Homes