
Rio Rico, Arizona
Type: Office, Retail
Size: 2,479 sqft. | .14 acres
- Full description below -
Rio Rico, Arizona
🌿 2,479 SF Multi-Unit Commercial Building | Zoned SCC-B1 | Cannabis-Permitted | Owner-User or Investment Opportunity
📊 Investment Highlights
Asking Price: $325,000
Building Size: 2,479 SF (divided into four individual suites)
Lot Size: 0.14 Acres
Zoning: SCC-B1 (Flexible Commercial) — allows for office, medical, retail, service, or dispensary use
Pro-Forma Cap Rate: 10.68% | Pro-Forma NOI: $34,706
Price per SF: $141.19
Year Built: 2003 | Building Class: B
Tenancy: Vacant (ideal for owner-user or investor)
Lease Term: 1-year pro-forma modeled
Units: 4 suites — built-in income diversity
Visibility: Central Rio Rico location with strong signage exposure
Accessibility: Minutes from Interstate 19 with ample onsite parking
Condition: Modern, low-maintenance, and move-in ready
🧾 Executive Summary
Unlock a strategic foothold in southern Arizona’s expanding Rio Rico market with this well-maintained 2,479 SF multi-unit commercial building. Built in 2003, the property blends modern construction with adaptable design, providing a rare opportunity for both investors and owner-operators seeking stability and flexibility in one of the region’s fastest-growing commercial corridors.
Configured into four self-contained suites, the asset is designed for income diversity and operational efficiency—perfect for leasing to multiple tenants or occupying one suite while generating revenue from the others. The SCC-B1 zoning allows for a broad spectrum of commercial uses including office, retail, medical, wellness, or licensed cannabis dispensary operations, giving buyers exceptional flexibility and future-proofing.
Located just minutes from I-19, the property offers excellent visibility, ample parking, and proximity to Rio Rico’s key retail and service nodes. Whether used for professional offices, boutique retail, or specialty healthcare, this building represents a cash-flow-ready investment with long-term appreciation potential in an emerging southern Arizona market.
🏢 Property Overview
Type: Office / Retail
Subtype: Storefront / Day Care / Medical / Cannabis-Permitted
Investment Type: Owner-User / Investor
Building Size: 2,479 SF (4 suites)
Lot Size: 0.14 Acres
Year Built: 2003
Building Class: B
Zoning: SCC-B1
Tenancy: Vacant (multi-suite layout)
Lease Type: Modified Gross
Lease Term: 1 Year (pro-forma basis)
Pro-Forma NOI: $34,706
Pro-Forma Cap Rate: 10.68%
Price per SF: $141.19
Access: Minutes to Interstate 19
Parking: Onsite, ample for staff and customers
Condition: Excellent / Move-in ready
Asking Price: $325,000
📍 Location Advantage
Strategically positioned in Rio Rico’s commercial core, this property benefits from strong visibility and accessibility to both local and regional traffic via Interstate 19. The area continues to attract new residential growth, service-based businesses, and healthcare users, fueling long-term demand for quality commercial space.
With its zoning flexibility, modern construction, and multi-suite design, this asset is ideal for hybrid occupancy or lease-up strategy, offering investors and operators alike a turnkey foothold in one of southern Arizona’s most promising growth corridors.
Offered Exclusively by Licensed Agents / Brokers
Listing #4302








