Owner/User Office Building 4625 E. Broadway Blvd. Tucson, AZ 85711 Property Features Unique Opportunity For Value Driven Acquisition of Flexible and Well-Designed Office Building with In-Place Income Stream 17,100 SF Multi-Tenant Office Building in the heart of Tucson: Broadway Blvd. & Swan Rd. Large Monument Sign C-2 Zoning (City of Tucson) Pima County Parcel # 126-12-2670 Possible Seller Financing : $68.71/SF +1 520.729.1694 +1 520.398.5130 NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. NAI Horizon 2900 North Swan Road, Suite 200 Tucson, AZ 85712 +1 520 326 2200 naihorizon.com
Executive Summary Property Details APN 126-12-2670, Pima County Property Name (Aka Jules Terrace) Property Address 4625 E Broadway Blvd Tucson, AZ 85711 County Pima Year Built 1957 Year Renovated Interior Reno: 2008 Gross Site Area +/-0.61 Acres Parking Spaces Cross-parking Agreement Investment Overview NAI Horizon, is pleased to present the opportunity for an Owner/User to acquire the fee simple interest in 4625 E. Broadway Boulevard, Tucson, Arizona, which provides the opportunity to offset their cost of occupancy through rental income and tax benefits. The 17,100 SF asset is a two-story office building with a variety of tenants in place on month-to-month leases providing the purchaser flexible options for occupancy and income stream. This is a well maintained asset with prominent street frontage, distinct architecture and ample parking (on site and cross-parking with neighboring properties). The asset is located approximately four miles east of the Downtown Tucson. Broadway Boulevard is a major east/west arterial in Tucson extending from the Tucson Mountains on the west to the Rincon Mountains to the east. The building's interior configuration is highly adaptable for larger users who require an abundance of private offices that are accessible from a central core and main hallway.
Neighborhood Description The subject neighborhood is located approximately four miles east of the Downtown Tucson. Broadway is a major east/west arterial in Tucson extending from the Tucson Mountains on the west to the Rincon Mountains to the east. The Tucson International Airport is about 6 miles to the south and west, and The University of Arizona is located approximately two and one-half miles northwest of the subject property. Approximately one mile west of the subject property is Reid Park, one of Tucson s largest parks which houses the Reid Park Zoo and Hi Corbett Field -The home of U of A Baseballand Randolph Park, home of two of Tucson s municipal golf courses and Tennis Center. Across from Reid Park and the Randolph Complex is El Con the oldest of Tucson s Shopping Centers with anchors Wal-Mart, Target and Home Depot. This Main & Main location of 4625 E. Broadway is a situated west of the northwest corner of Swan and Broadway. Swan is a major north-south arterial to the affluent Foothills while as stated above Broadway is a major east/west arterial Broadway. The subject is approximately 1-mile from Alvernon Way which is a major north/south arterial which also crosses over the Rillito River and hooks up with River Road to provide an arterial route to Tucson s Northwest. Zoning The subject site has C-2 City of Tucson zoning which allows for a variety of medium-intensity, commercial uses..
Property Description The subject property (aka Jules Terrace) located at 4625 E. Broadway Boulevard, Tucson, Pima County, Arizona, is an improved two-story building constructed in 1957 situated on a 0.61 acre parcel of land. The building utilizes concrete masonry unit (CMU) perimeter walls. The gross area of the subject building is approximately 17,100 square feet. The subject is configured primarily as an office building with common elements including hallways, restrooms stairs and an elevator. Aside from the units along the front on the first floor that are quasi-retail the balance of the units are accessed off of interior hallways. Vehicle Parking is provided on open asphalt paved parking areas at the north and south sides of the subject property. There is a parking easement on the south side of the property shared between the adjacent properties to the east and the west of the subject property. There are +/- six (6) ADA handicap accessible spaces, of which one (1) is van accessible that are on the adjacent properties as a part of the parking easement. Heating and cooling for the subject building is provided by ten (10) roof-mounted HVAC package units approximately 5 to 15 tons in capacity which can be remotely controlled online. The electrical service for the subject building was reported to be 1,000 amps at 120/208 volts, 3- phase and 4-wire. Sub-panels are observed in the storage rooms located on both floors of the subject building.
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