For Sale
$1,189,350

5232 Pima StTucson, AZ 85712

8,810 SF Office Building, $135/SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 8,810-square-foot executive office building, located at 5232 E Pima St in Tucson, Arizona (zip code 85712), presents a compelling owner-user opportunity. Built in 1987 and situated on a 0.7-acre lot, the property boasts a desirable C-1 zoning designation within the City of Tucson. The building features ample parking, with a ratio of 4.31 spaces per 1,000 square feet, totaling 38 spaces, including 8 covered spots. Currently configured as a multi-tenant building with various lease terms, this presents an excellent investment opportunity with potential for increased rental income through lease renewals and rent adjustments. The property has recently undergone refurbishment, enhancing its appeal and functionality. The asking price is $1,189,350, translating to $135 per square foot. The property's APN is 121-12-389C. This freestanding building offers a strong location on Pima Street and benefits from existing income streams. The property's well-maintained condition and strong tenant base make it an attractive investment for both owner-occupiers and investors seeking a stable, income-producing asset with upside potential.

Highlights

  • Owner-occupied with existing income stream.
  • Freestanding multi-tenant office building on Pima Street.
  • Ample parking: 4.31 spaces per 1,000 square feet (38 total, 8 covered).
  • Investment opportunity with potential for lease extensions and higher rental rates.
  • Significant rental upside.
  • Recently renovated.

Property Details for 5232 Pima St

Property type
Office properties
Square Feet
8,810 SF
Year Built
1987
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2431994
Longitude
-110.8807766
5232 Pima St, Tucson, Arizona

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5232 Pima St
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