Black Lion Investment Group Sells Retail Property In Tucson, AZ For $2.275M
SOLD
$2,275,000
Arizona
See Similar DealsRetail9,120 SF
Sold 08/18/2021
SOLD
Black Lion Investment Group Sells Retail Property In Tucson, AZ For $2.275M
4336 N Oracle Rd, Tucson, AZ, USA
See Similar DealsRetail9,120 SF
Sold 08/18/2021
Summary
ARIZONA
Asset Type:Retail
Price Per Square Foot:$249
Total Square Footage:9,120 SF
Transaction Type:Sale
The retail property located at 4336 N. Oracle Rd. in Tucson, AZ has been sold for a total price of $2,275,000. The property spans 9,120 square feet, resulting in a price per square foot of $249. The transaction took place on August 18, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,275,000
- Address: 4336 N. Oracle Rd., Tucson, AZ
- Market: Tucson, AZ
- Seller: Black Lion Investment Group - Robert Rivani
- Broker: Chris Hollenbeck - Cushman & Wakefield
The property sale was facilitated by Chris Hollenbeck of Cushman & Wakefield, representing the seller, Robert Rivani of Black Lion Investment Group.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$121,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,082.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,784.66
Annual Debt Service$129,415.93
Is there something missing? Send suggestions