Multi – Tenant Investment Property For Sale

710-736 E 46th StreetTUCSON, AZ 85713

CONFIDENTIAL OFFERING MEMORANDUM

PICOR Commercial Real Estate

1100 N. Wilmot, Suite 200

Tucson, AZ 85712

+1 520 748 7100

picor.com

Ron ZimmermanCommercial Properties

+1 520 546 2755

+1 520 248 0427

rzimmerman@picor.com

Multi-Tenant Investment Property for Sale

706-736 E. 46th StreetTucson, AZ 85745

Max Fisher

Commercial Properties

+1 520 546.2709

+1 520 465.9989

mfisher@picor.com

Stephen Cohen

Principal, Industrial Properties

+1 520 546.2750

scohen@picor.com

5151 E Broadway Blvd., Ste. 115

Tucson, AZ 85712

+1 520 748 7100

picor.com

2Cushman & Wakefield | PICOR

Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

25,673 SFRENTABLE BUILDING AREA

$44PRICE PER SQUARE FOOT

$1,125,000PRICE

100%OCCUPANCY

1.63ACRES

The second-largest city in Arizona and the county seat of Pima County, Tucson

neighbors the towns of Marana, Oro Valley, Catalina, South Tucson, Sahuarita,

Vail, and Green Valley.

Tucson is home to the University of Arizona-established as Arizona's first universityin 1885, and now a campus of 50,000 students and staff from around the world.

Tucson, Arizona, grew out of the opportunities and cultural crossings of the Old

West. Today, a destination for nearly 7 million visitors a year; a place known for

outstanding hiking and outdoor adventures, rich cultural traditions, a vibrant arts

scene, world-class golf, great dining; and a thriving desert home to more than

1 million residents.

City of Tucson

9.23%CAP RATE

Tax Parcel 132-15-0103

Land Size 71,189 SF (1.63 Acres)

Zoning I-1, Industrial

Property Features

Executive Summary

3Cushman & Wakefield | PICOR

Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

For more information, please contact one of

the following individuals:

Cash Flow

Gross Income $169,328

Vacancy (3%) $5,080

Operating Income $164,248

Total Expenses $60,464

NOI $103,784

Cap Rate 9.23%

Price $1,125,000

Price per SF $44

Max Fisher

Commercial Properties

+1 520 546.2709

+1 520 465.9989

mfisher@picor.com

5151 E Broadway Blvd., Ste. 115

Tucson, AZ 85712

+1 520 748 7100

picor.com

Stephen Cohen

Principal, Industrial Properties

+1 520 546.2750

scohen@picor.com

Financials

4Cushman & Wakefield | PICOR

Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Industrial Suites

Rent Roll

Suite Tenant Sq. Ft.*Original

Occupancy

706 ESP Chemicals 2,685 05/01/2007

710 Julio Lopez 1,160 01/01/2019

712 & 716 The Drop Dance Studio 3,885 04/01/2011

718 Donut Peddler 1,240 01/15/2017

720 PPEP 4,070 07/01/2019

722 Allison Limousine 6,470 05/01/2017

728 & 734 Skyline Components 2,119 11/01/2011

730 6Litr Crypto, LLC 636 02/01/2018

732 PPEP 1,262 08/01/2016

736 Igesia de la Gran Comision 2,146 01/01/2010

*Square footages listed are based on current Lease Agreements

5Cushman & Wakefield | PICOR

Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

706-736 E 46th St

Aerial

6Cushman & Wakefield | PICOR

Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

6Cushman & Wakefield | PICOR

E 36th St

W Veteran’s BlvdS

6th

Ave

S 1

2th

Ave

W Michigan Dr

S P

ark

Ave

at The Bridges

The

Bridges

Gateway

Industrial

Park

706-736 E 46th St

Gateway–Ajo

Business

Park

Tucson

Business

Park

Park

Avenue

Industrial

Center

Ajo Way

S P

ark

Ave

City of Tucson

General

Services

Department