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990 E 17th St

4,349 SF 100% Leased Office Building Tucson, AZ 85719 £1,018,949 (£234/SF) 8.37% Net Initial Yield

Investment Highlights

  • 100% tenant occupancy, Two (2) 5-year leases with annual rent escalation of 3%
  • Solar-powered and climate-adaptive building systems
  • Located in an opportunity zone
  • Comprehensive renovation completed in 2023, distinctive, award-winning contemporary design
  • Electric vehicle charging facilities available on premises
  • Conveniently situated near the University of Arizona, Downtown Tucson, and the Tucson International Airport

Executive Summary

Comprehensive renovation completed in 2023 with distinctive, award-winning contemporary design.

Attachments

990_E._17th_Street_KN_SALE

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,349 SF
Building Class
B
Year Built/Renovated
1979/2009
Price
£1,018,949
Price Per SF
£234
Net Initial Yield
8.37%
NOI
£85,253
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,349 SF
Building FAR
0.24
Land Acres
0.42 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-3, City of Tucson
Parking
16 Spaces (3.68 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Roof Lights
  • Kitchen
  • Car Charging Station
  • Central Heating
  • High Ceilings
  • Natural Light
  • Partitioned Offices
  • Reception
  • Fire Pits
  • Air Conditioning
1 of 1
Bike Score ®
Biker's Paradise (93)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 124-17-0390
  • 124-17-0400
 Improvements Assessment £0
Land Assessment £0 Total Assessment £54,239

PROPERTY TAXES

Parcel Numbers
Multiple
  • 124-17-0390
  • 124-17-0400
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£54,239
(520) 360-8510

  • Listing ID: 33379698

  • Date on Market: 02/10/2024

  • Last Updated:

  • Address: 990 E 17th St, Tucson, AZ 85719

The Office Property at 990 E 17th St, Tucson, AZ 85719 is currently available For Sale. Contact Cushman & Wakefield | PICOR for more information.

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© 2024 CoStar Group

990 E 17th St
(520) 360-8510 x

990 E 17th St

Kameron Norwood

(520) 360-8510

(520) 360-8510

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