Listed by Thomas Company
$11,505,146
3920 W LINDA VISTA BLVD TUCSON AZ
Details
APN 224-46-270E
Property Type Office
Sub Type Medical Office
Square Footage 24,075
Net Rentable (SqFt) 24,075
Units 116
Cap Rate 5.21%
NOI $598,899
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 20
Lease Expiration 05/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options N/A
Price per SqFt $478
Year Built 2021
Buildings 1
Stories 1
Acreage 3.800
Parking Spaces spaces
Tenant Credit Credit Rated
Lease Commencement 06/01/2021
Zero-Cash-Flow-Structure | The Department of Veterans Affairs | Investment Grade Tenant (S&P: AA+)
Investment highlights
This newly constructed, purpose-built VA outpatient clinic in Tucson, Arizona offers investors a rare opportunity to acquire a $11.5 million mission-critical federal asset for just $2.0 million in equity through a zero-cash-flow structure. Backed by the United States government's AA+ S&P credit rating on a fully firm 15-year remaining lease term, the investment generates meaningful annual depreciation deductions, 1031 exchange optionality via the pay-down/re-advance feature, and significant tax shelter benefits, all supported by below-market debt at a 3.40% blended rate. *OM Coming Soon
For more information contact:
John Spengler
(208) 405-2829
Listing Contacts
Listed by Thomas Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$598,899.00
$49,908.25/mo
Valuation Metrics
0
DSCR
5.21%
Cap Rate
5.21%
ROI
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