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2300 N Rosemont Boulevard

Tucson, AZ 85712
  • $2,250,000
  • STATUS: Active
  • ID#: 22408425
$2,250,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,468
    SQFT
  • $411
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1984
County:
Area:

School Ratings & Info

Courtesy of Andy Courtney Properties, Ltd..

Description

2300 N. Rosemont Boulevard is a Class A medical office building located in Tucson Medical Park just south of Grant Road. The building is 5,468 square feet and is home to a single tenant made up of the Genesis OBGYN Ironwood Group. Genesis OBGYN Ironwood has been an ongoing, successful OBGYN practice since the late 1980's. The subject property was purchased in the early 2000's and was renovated at the time of purchase and again in 2014. A 10-year lease agreement will be executed by a tenant with an accepted offer at a lease rate of $31.00 per foot (Modified Gross) with 2.5% annual increases. The building is located in Tucson Medical Park which is located across the street from Tucson Medical Center (TMC) Labor/Delivery Unit. Excellent stable investment opportunity for passive investors!

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-05-23T00:07:33.483.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Indie Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.indie-realty.com/homes/149414007
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2300 N Rosemont Boulevard Tucson, AZ 85712

  • Price: $2,250,000
  • Status: Active
  • On Site: Days
  • ID#: 22408425
0
Beds
0
Baths
0
½ Baths
0.15
Acres
5,468
SQFT
$411
$/SQFT
1984
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
2300 N. Rosemont Boulevard is a Class A medical office building located in Tucson Medical Park just south of Grant Road. The building is 5,468 square feet and is home to a single tenant made up of the Genesis OBGYN Ironwood Group. Genesis OBGYN Ironwood has been an ongoing, successful OBGYN practice since the late 1980's. The subject property was purchased in the early 2000's and was renovated at the time of purchase and again in 2014. A 10-year lease agreement will be executed by a tenant with an accepted offer at a lease rate of $31.00 per foot (Modified Gross) with 2.5% annual increases. The building is located in Tucson Medical Park which is located across the street from Tucson Medical Center (TMC) Labor/Delivery Unit. Excellent stable investment opportunity for passive investors!
Exterior Features

Construction Frame - Stucco Fence None Landscape Front Decorative GravelDesert PlantingsLow Care Landscape Rear Decorative GravelDesert PlantingsLow Care Parking Paved Parking Road Type Paved Roof Built-Up - ReflectTile

Interior Features

Main Cooling Zoned Main Heating Zoned

Property Features

Analysis Cap Rate Percent 6.50 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Business Location Business ParkOffice/Professional Country USA Expenses Figures Presented Actual Expenses Taxes Assessments 14182.00 Fema Flood Zone No Fire Protection Included in Taxes Freeway Highway Over 5.1 Miles Income Gross Scheduled Rent 169508.00 Income Net Opp Income 145511.00 Income Vacancy Loss 0.00 Lot Dimensions Irregular Lot Features Subdivided Lot Sqft 6588.00 Multi Tenant No Municipal Flood Zone No Municipality Zoning Tucson - OCR2 Property Disclosures Unknown Property Features Conference RoomDrop CeilingFire SprinklersSmoke Detector Property Sub Type Office Restrictions CC&R Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2023 Taxes 13942.00 Terms CashConventionalSubmit Traffic Count 35001 to 50000 Water City

Listing provided by Andy Courtney Properties, Ltd.: (520) 290-5700. Listing information © 2024 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-05-23T00:07:33.483.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Indie Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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7255 E Tanque Verde Rd
Tucson AZ, 85715
Courtesy of Andy Courtney Properties, Ltd..