$3,500,000
$3,900,000
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4805-4897 E Speedway Boulevard Tucson, AZ 85712
44,653 SqFt
Key Details
Sold Price $3,500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 44,653 sqft
Price per Sqft $78
MLS Listing ID 22326187
Sold Date 01/31/24
Year Built 1955
Annual Tax Amount $61,578
Tax Year 2023
Lot Size 1.717 Acres
Acres 1.72
Property Sub-Type Retail
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.
Location
State AZ
County Pima
Area Central
Zoning Tucson - C2
Exterior
Parking Features Public Parking
Roof Type Built-Up
Road Frontage Paved
Building
Sewer Connected
Water City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Goldsmith Real Estate