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2023 W Price St
Tucson, AZ 85705
Industrial Property For Sale
Investment Highlights
- ?±6,847 SF Industrial Warehouse with 3 Grade Level Doors
- ±1.14 AC Fully Asphalt Paved Parking Lot
- ?Leased to Collision Xperts through June 30th, 2030
- ±1,000 SF Canopy Structure
- Fully Fenced and Secured
- Currently Paying $15,000 Per Month NNN with 4% Annual Increases
Executive Summary
±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.?
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.?
Property Facts
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.55% | Year Built | 1997 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.88/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.14 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 6,847 SF | ||
| Zoning | I-1 - I-1, Heavy Industrial | ||
| Sale Type | Investment NNN |
| Cap Rate | 6.55% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 1.14 AC |
| Rentable Building Area | 6,847 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 0.88/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | I-1 - I-1, Heavy Industrial |
Amenities
- Fenced Lot
Property Taxes
| Parcel Number | 106-10-129A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $119,238 CAD |
Property Taxes
Parcel Number
106-10-129A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$119,238 CAD
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