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21226023
21185004

2524 W Ruthrauff Rd, Tucson, AZ 85705

Batoun Herrington, CCIM
Listed by Batoun Herrington, CCIM
$2,250,000
512 days on market
Updated 14 days ago

Ruthrauff Office Plaza

Details
APN 101-15-102A
Property Type Office
Sub Type Executive Office
Square Footage 9,382
Units 24
Occupancy 90%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 9.2%
Pro-Forma NOI $207,005
Price per SqFt $240
Broker Co-Op Yes
Class B
Year Built 2005
Buildings 1
Stories 2
Lot Size (SqFt) 31,729
Zoning TR Pima County
Parking Spaces 40 spaces
Parking Per SqFt 4.26
Sale Condition For sale by owner

Quality Two-Story Office Building Northwest Tucson Adjacent to Interstate 10

Marketing description

Established two-story office building with historically high occupancy and long-term tenancy. Professionally managed and maintained featuring Executive Suites ranging from 200 – 1,450 square feet includes conference and break rooms on each level, copier/mail room, and common area restrooms. Property offers secured access with ample parking and extra storage spaces for lease. With its convenience to Interstate 10, Ruthrauff Office Plaza is ideal for accessing the Tucson Metro area, International border or the Greater Phoenix area with ease and efficiency. The area includes amenities such as restaurants, grocery and hardware stores, parks, and other convenient locations such as Tucson Mall and the Auto Mall.

Investment highlights

Proforma NOI of $207,005 represents stabilized occupancy consistent with the historical performance of this quality office building.

Listing Contacts

Batoun Herrington, CCIM
Listed by Batoun Herrington, CCIM

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