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222 E Fry Blvd

5,545 SF 25% Leased Office Building Sierra Vista, AZ 85635 £447,345 (£81/SF) 10% Net Initial Yield

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income £47,089 £8.49
Other Income £8,401 £1.52
Vacancy Loss £2,354 £0.42
Effective Gross Income £53,135 £9.58
Taxes £2,059 £0.37
Operating Expenses £6,342 £1.14
Total Expenses £8,401 £1.52
Net Operating Income £44,734 £8.07

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual £47,089
Annual Per SF £8.49
Other Income
Annual £8,401
Annual Per SF £1.52
Vacancy Loss
Annual £2,354
Annual Per SF £0.42
Effective Gross Income
Annual £53,135
Annual Per SF £9.58
Taxes
Annual £2,059
Annual Per SF £0.37
Operating Expenses
Annual £6,342
Annual Per SF £1.14
Total Expenses
Annual £8,401
Annual Per SF £1.52
Net Operating Income
Annual £44,734
Annual Per SF £8.07

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
5,545 SF
Building Class
B
Year Built
1979
Price
£447,345
Price Per SF
£81
Net Initial Yield
10%
NOI
£44,734
Percent Leased
25%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,773 SF
Building FAR
0.44
Lot Size
0.29 AC
Zoning
General Commercial - General Commercial

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste A
  • 1,300 SF
  • Retail
  • Shell Space
  • Now

This space is currently one open large space ready for completion. Landlord will build out the space to meet Tenants specifications. The space is ideal for retail, office, and a large variety of uses.

  • 1st Fl-Ste C
  • 1,550 SF
  • Office
  • Full Build-Out
  • Now

This space is built out as a Chiropractors office. Landlord may remodel space to meet Tenants requirements. The property has great exposure to Fry Boulevard on the going home side of the street.

  • 2nd Fl-Ste A1
  • 1,300 SF
  • Office
  • Partial Build-Out
  • Now

This space can be used for a variety of uses and can be connected to the downstairs suite with a spiral staircase.

Space Size Space Use Condition Available
1st Fl-Ste A 1,300 SF Retail Shell Space Now
1st Fl-Ste C 1,550 SF Office Full Build-Out Now
2nd Fl-Ste A1 1,300 SF Office Partial Build-Out Now

1st Fl-Ste A

Size
1,300 SF
Space Use
Retail
Condition
Shell Space
Available
Now

1st Fl-Ste C

Size
1,550 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste A1

Size
1,300 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste A

Size 1,300 SF
Space Use Retail
Condition Shell Space
Available Now

This space is currently one open large space ready for completion. Landlord will build out the space to meet Tenants specifications. The space is ideal for retail, office, and a large variety of uses.

1st Fl-Ste C

Size 1,550 SF
Space Use Office
Condition Full Build-Out
Available Now

This space is built out as a Chiropractors office. Landlord may remodel space to meet Tenants requirements. The property has great exposure to Fry Boulevard on the going home side of the street.

2nd Fl-Ste A1

Size 1,300 SF
Space Use Office
Condition Partial Build-Out
Available Now

This space can be used for a variety of uses and can be connected to the downstairs suite with a spiral staircase.

Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
105-10-025A
Land Assessment
£5,918
Improvements Assessment
£11,853
Total Assessment
£17,772
Annual Taxes
£2,059 (£0.37/sf)
Tax Year
2024
  • Listing ID: 32461320

  • Date on Market: 15/07/2024

  • Last Updated:

  • Address: 222 E Fry Blvd, Sierra Vista, AZ 85635

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