2524 W Ruthrauff Rd
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2524 W Ruthrauff Rd
9,382 SF 100% Leased Office Building Tucson, AZ 85705 £2,564,800 (£273/SF) 6.25% Net Initial Yield
Investment Highlights
- Adjacent to Interstate 10
- Attractive masonry construction
- Nearby amenities, including restaurants, grocery, automotive
Executive Summary
Established two-story office building with historically high occupancy and long term tenancy. Attractive quality concrete block construction built by seller. Located in the West Tucson submarket in Pima County adjacent to Interstate 10. Professionally managed and maintained efficient office building with renovated common area restrooms This exceptional property features additional storage units and ample parking. Nearby amenities include quick service restaurants, grocery, hardware stores and parks.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,382 SF
Building Class
B
Year Built
2005
Price
£2,564,800
Price Per SF
£273
Net Initial Yield
6.25%
NOI
£160,300
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,000 SF
Slab to Slab
9 ft
Building FAR
0.30
Lot Size
0.73 AC
Zoning
TR
Parking
40 Spaces (4.26 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Controlled Access
- Property Manager on Site
- Security System
- Storage Space
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 101-15-102A | Improvements Assessment | £0 (2024) |
| Land Assessment | £0 (2024) | Total Assessment | £77,651 (2024) |
PROPERTY TAXES
Parcel Number
101-15-102A
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£77,651 (2024)
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2524 W Ruthrauff Rd
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