Former CVS Building
3754 S 16th Ave,
Tucson, AZ 85713
±24,990 SF Owner-User Opportunity – Delivered Vacant | Tucson Retail Corridor
$3,775,000
Price
$240,000
NOI
6.36%
Cap Rate
$151
Price Per SF
24,999
Building SF
C-2
Zoning Type
Previous
Next
$3,775,000
Price
$240,000
NOI
6.36%
Cap Rate
$151
Price Per SF
24,999
Building SF
C-2
Zoning Type
Investment Opportunity in Tucson, AZ/Prime Retail Property with Established Tenant
This ±24,990 square foot commercial building is strategically located in a high-traffic retail corridor near the intersection of 16th Avenue, Interstate 19, and Ajo Way in Tucson, Arizona. Positioned within an established commercial hub surrounded by national and regional retailers, the property benefits from strong visibility, accessibility, and consistent daily traffic. The building will be delivered vacant at closing, providing a rare opportunity for an owner-user or investor seeking immediate control and flexibility. The functional layout includes ADA-compliant restrooms, private mezzanine offices, and infrastructure suitable for a wide range of commercial, retail, showroom, warehouse, or light industrial applications (subject to zoning). Significant capital improvements were completed in 2020, substantially enhancing the asset’s operational efficiency and long-term value. Upgrades include approximately 50 LED commercial light fixtures, 14 five-ton Carrier air-conditioning units,
Captivating Investment Opportunity Near Air Force Base and Prime Freeway Access
Discover an unparalleled investment opportunity nestled in the heart of zip code 85713, where strategic location meets a thriving community. This area offers exceptional rental potential, enhanced by its proximity to key amenities that ensure long-term investment value and tenant satisfaction. Area Highlights: Proximity to Davis-Monthan Air Force Base: Located just moments from Davis-Monthan Air Force Base, this area benefits from the consistent demand for housing created by the military community. The base's presence guarantees a steady flow of tenants, offering a reliable rental market for property owners. Convenient Freeway Access: With easy access to major freeways, including Interstate 10 and Highway 19, residents enjoy quick and convenient commutes throughout Tucson. This prime location connects tenants to key employment centers, shopping, dining, and recreational options, making it an ideal spot for both working professionals and families.
Thriving Employment Base: Zip code 85713 is home to a diverse range of industries, including healthcare, education, and technology. The area's strong employment base ensures a stable and growing community, with a variety of job opportunities within close reach. This contributes to a consistent demand for quality housing and enhances the area's overall appeal. Local Amenities: Residents enjoy a range of amenities, including schools, parks, and local businesses, contributing to a well-rounded lifestyle. The area continues to see growth and development, further enhancing its desirability as a place to live and invest.
FOR MORE DETAILS CONTACT
Linda Gerchick
CCIM
(602) 688-9279
linda@justsoldit.com
BR114848000
Copyright ©
CREOP
, LLC. All Rights Reserved.