5575 S Houghton Rd
Tucson, AZ 85747
Industriel Propriété À vendre

This high-quality building was constructed by Global Solar in conjunction with the University of Arizona for its occupancy. Steamy Concepts purchased the building in 2021 and converted it to their use without a lot of modifications. The building is 100% air-conditioned, with heavy power (1200 amps at 277/480 volts in the main entrance). High-quality offices, large production areas and clean manufacturing spaces are found in this building.
The site is large with direct access from Houghton Road. The building can be doubled in size on the present site. The location is near Tucson’s largest population concentration on the east side, and close to the recently improved Houghton Road interchange at Interstate 10. Rita Ranch is adjacent, with 2,300 acres of developed housing, large retail centers and a 1,000-acre industrial park.
Tucson Medical Center built a hospital (TMC Rincon) on an adjacent parcel in 2023, totaling 135,000 square feet to serve this area of Tucson with a full line of medical services. TMC owns the land that is immediately north and east of this parcel for the expansion of their campus.
The tenant entity has recently acquired Steamy Concepts (steamyconcepts.com), a well-established cleaning and restoration company based in Tucson. FMG Restoration Services operates under the umbrella of Forge Restoration (forgerestoration.com), a Houston-headquartered firm that is rapidly expanding through acquisitions. This combination of deep local roots and substantial financial strength positions the tenant entity for continued growth and long-term success.
With market rent of 87¢ per square foot per month triple net, plus 3% annual increases, and the regional scale of the growing tenant, the sale price presents an excellent investment at a 7% cap rate.