For Sale
$1,495,000

285 Missouri StTucson, AZ 85714

High-NOI Warehouse, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional industrial investment opportunity presents a 6,275 square foot warehouse located at 285 E Missouri St, Tucson, AZ 85714. The property boasts a strong financial profile, with a current NOI of $96,567 (2024 projection) and a 6.46% cap rate. The asking price is $1,495,000, translating to a price per square foot of $238.25. The building features 10 dock-high doors and ceiling heights ranging from 16 to 18 feet at the center. Situated on a substantial 112,482 square foot lot, zoned I-1, this single-tenant property benefits from a modified lease with a remaining term of approximately 3.1 years, expiring December 31, 2027. Its prime location in Tucson's industrial core provides easy access to Interstates 10 and 19, making it an ideal distribution center. The property's strong tenant history and favorable lease terms make it a compelling investment prospect for discerning buyers seeking stable income and long-term growth potential. The APN is 120093140. This is a rare opportunity to acquire a well-located, high-performing industrial asset in a thriving market.

Highlights

  • Strong, long-term tenant with multi-year lease in place.
  • 2023 Net Operating Income (NOI): $93,000.
  • 2024 Projected Net Operating Income (NOI): $96,567.

Property Details for 285 Missouri St

Property type
Warehouses, Industrial properties
Square Feet
6,275 SF

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.1674755
Longitude
-110.9625294
285 Missouri St, Tucson, Arizona

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285 Missouri St
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