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PRICE REDUCED 575 E Wilcox Dr 5,043 SF Office Building Sierra Vista, AZ 85635 $683,485 CAD ($135.53 CAD/SF)



Investment Highlights
- Flex/Office with group meeting space.
- Large grandfathered monument sign.
- Large Storage Room with a directs access to rear fenced yard.
Executive Summary
The property was previously occupied by Aires, built out with private offices and large meeting space. The building also has the ability for separate isolated entrances. The property is in good condition and priced to sell quickly. With a lease at $12/sf/yr and CAP rate of 8% the property is worth $756,000. With a 75% loan, at 7%, the property can generate an after depreciation cash on cash return of 23.6%.***
***Returns are based on a NNN lese. There are currently institutional lenders offering rates lower than 7% to qualified buyers..
***Returns are based on a NNN lese. There are currently institutional lenders offering rates lower than 7% to qualified buyers..
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,043 SF
Building Class
B
Year Built/Renovated
1984/2007
Price
$683,485 CAD
Price Per SF
$135.53 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,043 SF
Building FAR
0.20
Lot Size
0.57 AC
Zoning
GC - General Business
Amenities
- Fenced Lot
- Storage Space
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 105-09-055C | Improvements Assessment | $67,312 CAD |
| Land Assessment | $8,499 CAD | Total Assessment | $75,812 CAD |
Property Taxes
Parcel Number
105-09-055C
Land Assessment
$8,499 CAD
Improvements Assessment
$67,312 CAD
Total Assessment
$75,812 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
First West Properties Corporation
PRICE REDUCED | 575 E Wilcox Dr
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