$1,750,000
Oro Valley, AZ 85737
MLS# 2513044
Status: Closed
6800 sqft
1 / 1
Property Description
BRAND NEW Property leased for 15 years to A+ Tenant. $122,400 NNN annual net operating income with 3% annual increases. 7 CAP rate Also see MLS# 2513041,MLS# 2513043, MLS# 2513048-In Escrow.
Details
Address Information
Street #: 10120
Direction: N
Street Name: Oracle
Suffix: Road
State/Province: AZ
Zip Code: 85737
County: Pima
Country: USA
Location Tax Legal
Tax Code: 224-31-01601
Area: Northwest
Contract Information
Current Price: $1,750,000
Sold Price: $1,750,000
Listing Date: 2005-05-14
Status: Closed
Status Change Info
Off Market Date: 2005-10-24
Pending Date: 2005-05-15
Sold Date: 2005-10-24
Sold Price: $1,750,000
Sold Price/SqFt: 257.35
Lot Sz Sold Prc/SqFt: 40.12
Financing: Conventional
Showing Information
Directions: North on Oracle road to address
General Property Information
# Units: 1
Year Built: 2005
Lot Dimensions: 200x217
Lot Acres: 1
Lot Sqft: 43618
Lot Size Source: Owner
Combined SqFt: 6800
Source of SqFt: Owner
List Price/SqFt: 257.35
Lot Size Price/SqFt: 40.12
Income
Gross Scheduled Rent: 122400
Adjusted Gross: 122400
Net Opp Income: 122400
Analysis
Cap Rate %: 6.99
Gross Rent Multi: 14.3
Expenses
Figures Presented: Actual
Property Features
A.D.A. Compliant: Yes
Phase 1 Report: Yes
Electric
3 Phase Power: Yes
Amps: 1000
Master Meter: Yes
Water
Water Company: Oro Valley
Property Features
Construction: Frame - Stucco
Main Cooling: Zoned
Main Heating: Heat Pump
Sewer: Connected
Terms: Cash
Property Disclosures: Unknown
Listing Office: Advisors in Real Estate, Inc.
Last Updated: October - 25 - 2024
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