Updated Oct 29, 2024
Triple Shift Entertainment Acquires Tucson Commercial Property For $9.6M
4015 East Speedway Boulevard, Tucson, Arizona 85712, United States
$9,620,980
Building Size
—
Asset Type
Commercial
Closing
Jan 8, 2023
About this deal
AI
The commercial property located at 4015 E Speedway, 7020 E 21st Street, 501 W River Rd, and 3665 S 16th Ave in Tucson, AZ has been sold. The transaction took place on January 9, 2023, and the buyer is Triple Shift Entertainment. The sale price for this property was $9,620,980.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $9,620,980
- Property Address: 4015 E Speedway, 7020 E 21st Street, 501 W River Rd, 3665 S 16th Ave, Tucson, AZ
- Market: Tucson, AZ
- Buyer: Triple Shift Entertainment
This transaction involved the purchase of a commercial property by Triple Shift Entertainment. The property, located at 4015 E Speedway, 7020 E 21st Street, 501 W River Rd, and 3665 S 16th Ave in Tucson, AZ, offers a valuable investment opportunity in the market. Triple Shift Entertainment saw potential in this property and decided to acquire it for $9,620,980. The deal was finalized on January 9, 2023.
Players
Tucson Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93