5232 E Pima St - Office/Residential FOR SALE


Tucson, AZ 85712- Avalon
$1,090,000 USD
520-900-1152
5232 E Pima St, Tucson, AZ for Sale
$1,090,000 USD
Office/Residential - FOR SALE
1/6
null | Request Cap Rate

5232 E Pima St
Tucson, AZ 85712
Avalon


HIGHLIGHTS

  • Owner/user or investor opportunity to capitalize on available owner financing and solid in-place income through an array of professional tenants.
  • Adjacent to the Sun Tran bus line off E Pima Street and N Beverly Avenue, providing quick access to the Tucson Medical Center and Park Place.
  • 5232 E Pima Street is a remodeled office complex with a gated courtyard, ample parking, an on-site property manager, and building signage.
  • Nearby amenities include McDonald’s, Sprouts, Trader Joe's, Starbucks, Costco, Big 5 Sporting Goods, Planet Fitness, and Domino's.

OVERVIEW

5232 E Pima Street is an 8,810-square-foot freestanding, one-story office in a park-like environment in Tucson, Arizona. This is a one-of-a-kind opportunity to own and occupy an office asset with in-place income and owner financing options available. The property has multiple tenants on various term leases who are open to signing longer-term leases and have upside potential to raise rents. The building, remodeled from 2014 to 2016, presents a brand-new 25-year metal roof (with a warranty transferable to the new owner) and refurbished interiors. The office suites have private restrooms/showers, kitchenettes, private offices, and conference rooms. Tenants enjoy the quiet campus-style setting with a gated courtyard that leads to the parking lot, which has 30 surface spots and eight covered spaces. Located with prime frontage off E Pima Street, traveled by over 24,950 vehicles daily, the office complex offers highly visible building signage. 5232 E Pima Street is off the Sun Tran bus line, routing northwest to Udall Park and southwest to the Pima College—West Campus. Many nearby shopping, dining, and entertainment amenities, including the Park Place Mall, lie within a five-mile radius of the property. Centrally located for medical tenants, the offices are minutes from the Tucson Medical Center, Pima Medical Institute, and the Arizona College of Nursing at The William Center.

FOR SALE DETAILS

PRICE

$1,090,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,345 SF

ZONING

C-1, City of Tucson

APN/PARCEL ID

121-12-389C

ASK ABOUT THIS PROPERTY

Ryan McGregorCushman & Wakefield | PICORMore Info
520-900-1152

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Ryan McGregorCushman & Wakefield | PICORMore Info
520-900-1152

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.