Industrial Properties
3601 East Speedway Boulevard Tucson, AZ 85716
Details & Description
Price: $1,992,920
    Looking for a Single Tenant Industrial Net Lease investment with below market replacement value? This is it! This investment will yield a 7.5% cap rate for the first 5 years and up to a 8.4% cap rate in Year 8 if the 3 year lease option is exercised in Year 5. Property is located in the heart of Tucson off of Speedway, one the busiest streets. Zoned C-2 and on 1.26 Acres. Tenant has 5 year lease with an option to renew for 3 years at 8% increase. Building is only 13 minutes away from the I-10., and only 5 minutes away from the University of Arizona's main campus.
    Additional Photos
    Listing Agents
    Carrick Sears

    O: 480-425-5529
    carrick.sears@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3601 East Speedway Boulevard

    Tucson, AZ 85716

    Listing ID: 235455
    • 3601 East Speedway Boulevard Tucson, AZ 85716 | for Sale | Photo 1
    • 3601 East Speedway Boulevard Tucson, AZ 85716 | for Sale | Photo 2
    • 3601 East Speedway Boulevard Tucson, AZ 85716 | for Sale | Photo 3
    • 3601 East Speedway Boulevard Tucson, AZ 85716 | for Sale | Photo 4
    • 3601 East Speedway Boulevard Tucson, AZ 85716 | for Sale | Photo 5
    3601 East Speedway Boulevard | for Sale | Thumbnail 1
    3601 East Speedway Boulevard | for Sale | Thumbnail 2
    3601 East Speedway Boulevard | for Sale | Thumbnail 3
    3601 East Speedway Boulevard | for Sale | Thumbnail 4
    3601 East Speedway Boulevard | for Sale | Thumbnail 5
    Building Size: 24,496 SF
    Lot Size: 1.298 AC
    Land Size: 56,540 SF
    Building $/SF: $81.36
    Land $/SF: $35.25
    Price
    $1,992,920
    Description

    Looking for a Single Tenant Industrial Net Lease investment with below market replacement value? This is it! This investment will yield a 7.5% cap rate for the first 5 years and up to a 8.4% cap rate in Year 8 if the 3 year lease option is exercised in Year 5. Property is located in the heart of Tucson off of Speedway, one the busiest streets. Zoned C-2 and on 1.26 Acres. Tenant has 5 year lease with an option to renew for 3 years at 8% increase. Building is only 13 minutes away from the I-10., and only 5 minutes away from the University of Arizona's main campus.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Tucson History of Industrial Properties for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Tucson Area Market Trends

    Listing Demographics for 3601 East Speedway Boulevard Tucson, AZ 85716

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,508131,754270,919
    Population Median Age403738
    Population by Age0-9 Yrs1312 (9%)11819 (8%)26636 (9%)
    10-19 Yrs1132 (7%)20119 (15%)36939 (13%)
    20-29 Yrs2833 (19%)31881 (24%)59124 (21%)
    30-39 Yrs2140 (14%)16139 (12%)34217 (12%)
    40-49 Yrs2077 (14%)11752 (8%)27488 (10%)
    50-59 Yrs1933 (13%)14374 (10%)30293 (11%)
    60-69 Yrs1576 (10%)13620 (10%)29372 (10%)
    70+ Yrs1503 (10%)12049 (9%)26849 (9%)
    Median HH Income$38,271$39,312$39,043
    Total Household Income< 24K2710 (36%)18321 (32%)38445 (33%)
    25-49K1821 (24%)15227 (27%)31217 (27%)
    50-74K1025 (13%)9288 (16%)18636 (16%)
    75-99K811 (10%)5297 (9%)10236 (8%)
    100-199K822 (11%)5869 (10%)12411 (10%)
    200K+233 (3%)1557 (2%)3576 (3%)
    Highest Education LevelNo Diploma1130805123002
    Diploma or GED18251562636501
    Some College23031798240746
    Assoc. Degree960583812822
    Bachelors Degree20451726832088
    Higher Degree23511466425848
    Total Housing Units8,79265,166132,858
    --Owner-Occupied2,69122,24148,072
    --Renter-Occupied4,73133,31866,447
    Owner-Occupied Values< 100K354384410658
    100-199K1010937119585
    200-299K65251988726
    300-399K27217703590
    400-499K2419401952
    500K+16111183561
    Total Working Age Population12,572113,631227,816
    In Work Force8,27769,025139,507
    Not In Work Force4,29544,60788,309
    Workforce Employed7,55662,762125,807
    Workforce Unemployed6425,80911,337
    Civlian Workforce8,19868,570137,145
    Military Workforce794542,363
    Total Households7,42255,559114,520
    Family Households3,01924,19253,899
    Non-Family Households4,40331,36760,621
    Married Couple1,95614,85532,730
    Other Family1,0639,33721,168
    Married w/Child6104,99311,447
    Single Male w/Child1599552,582
    Single Female w/Child3153,5018,039

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Arizona5,130,632+256,392,017+147,286,100+148,284,900
    Pima County843,746+16980,263+71,050,900+71,129,200

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3601 East Speedway Boulevard in Tucson?
    The asking price for 3601 East Speedway Boulevard is $1,992,920
    What is the building size of this Industrial property in Tucson, AZ?
    The size of the building/unit at 3601 East Speedway Boulevard in Tucson is 24,496 square feet
    How much land does the Tucson, AZ property at 3601 East Speedway Boulevard include?
    3601 East Speedway Boulevard in Tucson includes 1.298 acres of land
    What kind of Industrial is the propery at 3601 East Speedway Boulevard?
    The property at 3601 East Speedway Boulevard Tucson, AZ 85716 is listed as a Warehouse Industrial property
    What is the population within 1 mile of 3601 East Speedway Boulevard in Tucson?
    The population within 1 mile of 3601 East Speedway Boulevard Tucson, AZ 85716 is 14,508 people.
    Who do I contact for questions about 3601 East Speedway Boulevard?
    You should contact the listing agent, Carrick Sears, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    5785 South Belvedere Avenue, Tucson, AZ $2,652,000 16750 2.48
    5809 S Belvedere Ave, Tucson, AZ $850,000 6200 0.14
    4317 North Sullinger Avenue, Tucson, AZ $375,000 3000 -
    4317 North Sullinger Avenue, Tucson, AZ $375,000 3000 -
    705 East Maley Street, Willcox, AZ $1,800,000 4000 5.86
    560 West Centennial Boulevard, Casa Grande, AZ CALL 42865 5.37
    6500 East Mitchell Court, Florence, AZ CALL 28200 0.65
    8046 East Ray Road, Mesa, AZ CALL 142735 9.82
    2900 South Gilbert Road, Chandler, AZ $15,903,645 116085 -
    2270 South Airport Boulevard, Chandler, AZ $3,350,000 19000 3.15

    Closest Commercial Airports

    Airport Distance (mi)
    Tucson International Airport / Morris Air National Guard Base (TUS) 8
    Phoenix Sky Harbor International Airport (PHX) 104
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 314