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32025408
32025407

2023 W PRICE ST, TUCSON, AZ 85705-2220 For Sale

MS
AZ SA678600000
Rein & Grossoehme Commercial Real Estate
PS
AZ SA523369000
Rein & Grossoehme Commercial Real Estate
JH
AZ SA703452000, AZ 642347000
Rein & Grossoehme Commercial Real Estate
Listed by Rein & Grossoehme Commercial Real Estate
$2,750,000
83 days on market
Updated 82 days ago

Fully Leased Tucson IOS Investment Opportunity | 6.55% Cap

Details
APN 10610129A
Property Type Industrial
Sub Type Warehouse, Manufacturing
Square Footage 6,847
Units 1
Cap Rate 6.50%
NOI $180,000
Occupancy 100%
Tenancy Single
Lease Expiration 06/30/2030
Rent Bumps Yes
Broker Co-Op True
Year Built 1997
Buildings 1
Stories 1
Acreage 1.140
Zoning I-1, City of Phoenix
Investment Type Stabilized
Lease Commencement 07/01/2025
Ground Lease No

±6,847 SF Industrial Warehouse on ±1.14 AC | Leased to Collision Xperts through 2023

Marketing description

±6,847 SF IOS investment opportunity on ±1.14 AC available for sale 1 mile from I-10 in Tuscon's prime industrial corridor. The property is zoned I-1 (City of Tucson) and is purpose-built for industrial outdoor storage and automotive service operations. The site features a fully asphalt paved and fenced parking lot, three (3) grade-level doors, a ±1,000 SF canopy structure, and a single controlled point of ingress/egress — ideally configured for the tenant's operations.

Investors will benefit from contractual rental escalations built into the lease through June 2030, with monthly base rent currently at $15,000 NNN, stepping up annually to $17,547.88 by the final lease year. This structure provides predictable, growing cash flow with minimal landlord responsibilities under a triple-net arrangement. This is an ideal acquisition for investors seeking a low-management, income-producing asset with a committed operating tenant and a clear rent growth profile. Strategically located within one mile of Interstate 10 in Tucson's established industrial corridor, the property offers excellent regional accessibility and sits among an array of established commercial and industrial neighbors including Sun Tran, Public Storage, and Concentrix.

Investment highlights

  • ±6,847 SF Industrial Warehouse
    • Three (3) Grade Level Doors
  • ±1,000 SF Canopy Structure
  • ±1.14 AC Fully Asphalt Paved Parking Lot
  • Fully Fenced and Secured
  • 1 Mile to I-10
  • Leased to Collision Xperts through June 30th, 2030
  • Currently Paying $15,000 Per Month NNN with 4% Annual Increases
  • $180,000 Year 1 NOI | 6.55% Cap Rate

Listing Contacts

MS
AZ SA678600000
Rein & Grossoehme Commercial Real Estate
PS
AZ SA523369000
Rein & Grossoehme Commercial Real Estate
JH
AZ SA703452000, AZ 642347000
Rein & Grossoehme Commercial Real Estate
Listed by Rein & Grossoehme Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$180,000.00
$15,000.00/mo

Valuation Metrics

0
DSCR
6.55%
Cap Rate
6.55%
ROI

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Additional Information

Name
Max Schumacher, SIOR
License
SA678600000
Brokerage Phone
4802149400
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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