SRS Real Estate Partners Brokers $12.27M Retail Sale In Tucson, AZ
2930 South 6th Avenue, Tucson, Arizona 85713, United States
$12,270,000
$149/SF
Building Size
82,348 SF
Asset Type
Retail
Closing
Aug 11, 2022
About this deal
AI
The retail property located at 2930 South 6th Avenue in Tucson, AZ has been sold for a total price of $12,270,000. This property spans 82,348 square feet and was sold at a price per square foot of $149. The transaction was completed on 08/12/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $12,270,000
- Address: 2930 South 6th Avenue, Tucson, AZ
- Market: Tucson, AZ
- Square Footage: 82,348
- Price Per Square Foot: $149
The sale of this retail property was facilitated by Chris Tramontana from SRS Real Estate Partners. As the representative from SRS Real Estate Partners, Chris played a key role in ensuring the successful completion of the transaction.
Players
Tucson Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93