Aires Building | 575 E Wilcox Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Aires Building 575 E Wilcox Dr
5,043 SF Office Building Sierra Vista, AZ 85635 £474,455 (£94/SF)
Investment Highlights
- Flex/Office with group meeting space.
- Large grandfathered monument sign.
- Large Storage Room with a directs access to rear fenced yard.
Executive Summary
The property was previously occupied by Aires, built out with private offices and large meeting space. The building also has the ability for separate isolated entrances. The property is in good condition and priced to sell quickly. With a lease at $12/sf/yr and CAP rate of 8% the property is worth $756,000. With a 75% loan, at 7%, the property can generate an after depreciation cash on cash return of 23.6%.***
***Returns are based on a NNN lese. There are currently institutional lenders offering rates lower than 7% to qualified buyers..
***Returns are based on a NNN lese. There are currently institutional lenders offering rates lower than 7% to qualified buyers..
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,043 SF
Building Class
B
Year Built/Renovated
1984/2007
Price
£474,455
Price Per SF
£94
Tenancy
Single
Number of Floors
1
Typical Floor Size
5,043 SF
Building FAR
0.20
Lot Size
0.57 AC
Zoning
GC - General Business
Parking
0.05 Spaces per 1,000 SF Leased
Amenities
- Fenced Lot
- Storage Space
- Air Conditioning
1 of 1
Walk Score ®
Very Walkable (70)
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
First West Properties Corporation
Aires Building | 575 E Wilcox Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.