Multiple Suite Dental Office Property Investor Opportunity Sale Price: $818,500 Property Highlights Building Area Land Area Parking 4,940 SF Improved Dental Space (Not including basement of 500 SF) - Total 5,440 SF 19,816 SF 20 On-Site (4 covered), with additional parking on Lee Street Property Features 100% leased Centrally located Very attractive buildings and grounds Comfortable atmosphere Excellent parking Well designed dental spaces Excellent signage / visibility Well maintained improvements and grounds Convenient access from all areas of town Zoning O-3, City of Tucson For more information, please contact: Thomas J. Nieman Commercial Properties +1 520 546 2728 tnieman@picor.com PICOR Commercial Real Estate Services 1100 N. Wilmot Road, Suite 200 Tucson, Arizona 85712 phone: +1 520 748 7100 picor.com
PROPERTY OVERVIEW The property, built in 1987, consists of an approximate 5,440 sq. ft. of multi-tenant, professional dental office space, on approximately 19,816 sq. ft. of land. Located in the center of town, it offers access to very densely populated residential neighborhoods as well as easy access to all amenities, including retail, medical and professional services. The building improvements include three fully improved dental offices, two of which are currently leased and occupied. The property has been very well maintained and managed by the property owner, and shows a real pride of ownership. Roof, mechanical, plumbing and electrical systems are in good condition and have been monitored and serviced in a proactive and preventative manner. Suite 100 is 1,850 sq. ft., with an additional 500 sq. ft. improved basement area, and is occupied by Dr. Saied Badie, with a lease expiration of September 30, 2019. Suite 200 is 1,710 sq. ft., and is occupied by Dr. Robert Hawke, with a lease expiration of September 9, 2019. Suite 300 is 1,380 sq. ft. and is occupied by Dr. Vahid Hamidi, with a lease expiration of June 14, 2021. For more information, contact: Thomas J. Nieman Commercial Properties +1 520 546 2728 tnieman@picor.com PICOR Commercial Real Estate Services 1100 N. Wilmot Road, Suite 200 Tucson, Arizona 85712 phone: +1 520 748 7100 picor.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
THE OFFERING THE OFFERING Leased Suites 100, 200 & 300 Income $99,487.00 Expenses $34,000.00 NOI $65,487.00 CAP Rate 8.0% Price $818,500.00 For more information, contact: Thomas J. Nieman Commercial Properties +1 520 546 2728 tnieman@picor.com PICOR Commercial Real Estate Services 1100 N. Wilmot Road, Suite 200 Tucson, Arizona 85712 phone: +1 520 748 7100 picor.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
BUILDING PLANS Suite 100 Suite 300 Suite 200
SITE PLAN Suite 100 Suite 300 Suite 200
AERIAL VIEW