$1,100,000
Oro Valley, AZ 85704
MLS# 2610639
Status: Closed
2816 sqft
1 / 8
Property Description
BEAUTIFULLY MAINT. SPANISH STYLE COMMERCIAL BLDG.THAT IS ATTACHED TO THE NORTH SIDE OF PLAZA ESCONDIDO SHOPPING CENTER. LOCATED AT THE SE CORNER OF ORACLE & MAGEE. THE PROPERTY IS ON THE NORTH END OF THE SHOPPING CENTER. A FEE SIMPLE OWNERSHIP. CURRENT TENANT,A NURSERY PLANS TO VACATE PROPERTY AT TIME OF SALE.PROPERTY WILL BE DELIVERED TENANT FREE. MARKET RENT FOR SIMILAR SPACE IN THE AREA RENT FOR $24 PER SQ FT.
Details
Address Information
Street #: 7974
Direction: N
Street Name: Oracle
Suffix: Road
State/Province: AZ
Zip Code: 85704
County: Pima
Country: USA
Location Tax Legal
Tax Code: 225-51-2170
Area: Northwest
Contract Information
Current Price: $1,100,000
Sold Price: $1,100,000
Listing Date: 2006-03-14
Status: Closed
Status Change Info
Off Market Date: 2006-07-31
Pending Date: 2006-07-18
Sold Date: 2006-07-31
Sold Price: $1,100,000
Sold Price/SqFt: 390.62
Lot Sz Sold Prc/SqFt: 57.18
Financing: Conventional
General Property Information
Property Sub-Type: Retail
# Units: 1
Year Built: 1977
Lot Dimensions: 136.68,47.11,105,138,100,21.40
Lot Acres: 0.44
Lot Sqft: 19237
Lot Size Source: Assessor
Combined SqFt: 2816
Source of SqFt: Assessor
List Price/SqFt: 426.14
Lot Size Price/SqFt: 62.37
Remarks Misc
Geo Lat: 32.351393
Geo Lon: -110.972948
Showing Information
Directions: ORACLE & MAGEE, GO EAST ON MAGEE TO NORTH ENTRANCE TO ESCONDIDO PLAZA. FIRST PROPERTY ON LEFT.
Income
Gross Scheduled Rent: 67584
Adjusted Gross: 67584
Net Opp Income: 67584
Analysis
Cap Rate %: 5.63
Gross Rent Multi: 17.75
Expenses
Figures Presented: Proforma
Property Features
A.D.A. Compliant: No
Phase 1 Report: No
Electric
3 Phase Power: No
Master Meter: No
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Heat Pump
Sewer: Connected
Water: Public
Terms: Cash; Conventional
Property Disclosures: Unknown
Listing Office: Golden Sun Realty
Last Updated: October - 25 - 2024
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