1440 15Th StTucson, AZ 85719

Property Details for 1440 15Th St

Year built

1988

Construction

FRAME

Lot size

3.58 AC

Property size (Sq ft)

19,076 SF

Property type

Office properties

APN

124-14-050A

APU

12414050A

Description

This exceptional investment opportunity presents a ±30,899 square foot flex/warehouse property situated on a 4.86-acre lot in Tucson, Arizona. The Class B building, constructed in 1990 and featuring numerous remodels, most recently in 2024, is currently 100% occupied under a single-tenant, absolute net lease. The tenant, a subsidiary of a major national telecommunications company with a BBB S&P rating, has maintained continuous occupancy since 1990, demonstrating a long-term commitment to the property. This mission-critical facility is strategically located near Interstate 10, Highway SR 210, and South Kino Parkway, providing excellent access to major transportation arteries. Its central location within Tucson places it within two miles of both the University of Arizona and downtown, benefiting from the proximity to these economic hubs. The property offers exceptional value in a supply-constrained market, making it an attractive investment opportunity for discerning buyers seeking a stable, long-term net lease investment. The property address is 1440 E 15th St, Tucson, AZ 85719, within Pima County.

• CAP approach

  CAP return

  Valuation

  6%

  $3,302,514

  6.5%

  $3,048,474

  7%

  $2,830,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,174,246

  Geo Method

  $3,174,246

• Alternative Use

  Use

  Valuation

  Residential

  $3,780,108

  Hospitality

  $3,462,558

  Educational

  $2,880,808

  Medical

  $2,979,883

  Retail

  $4,481,256

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2154

Longitude

-110.95

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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