$3,500,000
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
Area: Central
Contract Information
Current Price: $3,500,000
Sold Price: $3,500,000
Listing Date: 2023-12-05
Status: Closed
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
Property Sub-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
Water: Public
Road Type: Paved
Parking: Public Parking
Business Location: Commercial Strip
Terms: Cash; Conventional
Property Disclosures: Appraisal; Leases
Listing Office: Goldsmith Real Estate
Last Updated: December - 23 - 2024
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