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Escalante Concrete Construction Inc Acquires Mixed-use Property In Tucson For $3.8M

Property Image
SOLD
$3,800,000
Greg Furrier
Natalie Furrier
Max Fisher

Arizona

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Mixed-use20,000 SF
Sold 12/23/2024
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Property Image
SOLD

Escalante Concrete Construction Inc Acquires Mixed-use Property In Tucson For $3.8M

1455 West River Road

See Similar Deals
Mixed-use20,000 SF
Sold 12/23/2024
Greg Furrier
Natalie Furrier
Max Fisher
the dealplayerscompscontact
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Summary

ARIZONA
Asset Type:Mixed-use
Price Per Square Foot:$190
Total Square Footage:20,000 SF
Transaction Type:Sale

A mixed-use asset located at 1455 West River Road in Tucson, AZ, was sold for $3.8 million. The property encompasses 20,000 square feet, leading to a price per square foot of $190.

Summary of transaction details:

This transaction involved Escalante Concrete Construction Inc., which has acquired the property with the representation of Max Fisher from BRD Realty, while the seller, 1455 River Rd LLC, was represented by Greg Furrier and Natalie Furrier from Cushman & Wakefield.

Players

Greg Furrier
Cushman & Wakefield
Greg Furrier
5 deals$20.7M volume(520) 909-6111
BROKER
Natalie Furrier
Cushman & Wakefield
Natalie Furrier
5 deals$20.7M volume(520) 955-7663
BROKER
Max Fisher
Max Fisher
1 deal$3.8M volume
BROKER

Details

SOLD
IMAGE: 12/23/2024 ADDRESS: 1455 West River Road MARKET: Tucson, AZ ASSET TYPE: Mixed-use BUYER: Escalante Concrete Construction Inc SELLER: 1455 River Rd LLC BUYER'S REP: Max Fisher - BRD Realty SELLER'S REP: Greg Furrier & Natalie Furrier - Cushman & Wakefield SALE PRICE: $3,800,000 SF: 20,000 ~ PPSF: $190 NOTE: Escalante Concrete Construction Inc. has acquired a 20,000-square-foot flex building at 1455 W. River Road in Tucson for $3.8M. Cushman & Wakefield | PICOR represented the seller, with BRD Realty representing the buyer.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$13,500.59
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