Circle City ABA
8,205 SF | Office Building | Tucson, AZ 85719 | $2,303,000 ($281/SF) | 6.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,303,000
- Property Type
-
Office
- Square Feet
- 8,205 SF
- Price / Square Foot
- $281
Listing Contacts
Trent Steeves
Verified Profile
John Read
Verified Profile
Nancy McClure
Verified Profile
- Property Info
Property Overview
* Circle City ABA – Provides applied behavior analysis therapy to a wide spectrum of autism disorders that help increase communication, self-help and social skill for children with autism through its 28 locations nationwide.
* Stable NOI with Growth – Brand new 10-year NNN lease with 2.75% annual rent increases creates an extremely secure cash flow with fixed growth, providing a hedge against inflation.
* Strong Surrounding Residential, Retail and Medical Density – Within a 3-mile radius, the property is centrally located to over 53,100 households in the retail center of the neighborhood with strong brand name and credit tenants such as Safeway, Dollar Tree, Albertsons, Ace Hardware, Ross, and others all within 1-mile of the site along N Campbell Ave (±30,977 CPD). Furthermore, the site is proximate to major centers of influence in Tucson being across the street from the Banner University Cancer Center and less than 3 miles from both the University of Arizona (53,187 students) and Banner University Medical Center (533 beds) both less than 3 miles.
* Optimal Demographics – Tucson’s diverse and growing economy, master planned communities, attractive winter climate and high quality of life make it one of the most desirable locations for population growth and retailers in the country. This site is centrally located within a dense residential area of the city, exposing the location to a daytime population of 132,685 within 3 miles.
* More than 46,187 people in a 1-mile radius with an Average Household Income exceeding $70,700
* More than 111,496 people in a 3-mile radius with an Average Household Income exceeding $70,200
* More than 250,416 people in a 5-mile radius with an Average Household Income exceeding $81,681
* Stable NOI with Growth – Brand new 10-year NNN lease with 2.75% annual rent increases creates an extremely secure cash flow with fixed growth, providing a hedge against inflation.
* Strong Surrounding Residential, Retail and Medical Density – Within a 3-mile radius, the property is centrally located to over 53,100 households in the retail center of the neighborhood with strong brand name and credit tenants such as Safeway, Dollar Tree, Albertsons, Ace Hardware, Ross, and others all within 1-mile of the site along N Campbell Ave (±30,977 CPD). Furthermore, the site is proximate to major centers of influence in Tucson being across the street from the Banner University Cancer Center and less than 3 miles from both the University of Arizona (53,187 students) and Banner University Medical Center (533 beds) both less than 3 miles.
* Optimal Demographics – Tucson’s diverse and growing economy, master planned communities, attractive winter climate and high quality of life make it one of the most desirable locations for population growth and retailers in the country. This site is centrally located within a dense residential area of the city, exposing the location to a daytime population of 132,685 within 3 miles.
* More than 46,187 people in a 1-mile radius with an Average Household Income exceeding $70,700
* More than 111,496 people in a 3-mile radius with an Average Household Income exceeding $70,200
* More than 250,416 people in a 5-mile radius with an Average Household Income exceeding $81,681
Property Details
- Class
- B
- Year Built
- 1990
- Stories
- 1
- Lot Size (sq. ft)
- 34,412 SF
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