Offering Summary:

 

             $3,700,000  Price

                $287 sq ft Price           

             12,875 Total Square Footage

                 4,835 Leased to El Dorado Surgery Center @

                           Approx. $20.00 Sq Ft plus CAMS,

                           3% annual increases

                           9 years remaining plus options

                 8,040 Leased to Western Neurosurgery @

                           Approx. $20.00 Sq Ft plus CAMS,

                           Lease Ends Approx. Sept. 2008

 

                 Approx. CAP Rate  7.0%

 

 

                 Property Details:

 

              2001  Build Year

                 O-3    City of Tucson Zoning

                 .48     Acre approx. Lot Size                

30      Reserved Covered Parking Spaces

                 Venture West – Developer/Contractor

                 Single Story Class “A” Office Building