B+E, the first brokerage and technology platform for net lease real estate, announced the listing of the Comcast property located at 4690 N. Oracle Road, Tucson, AZ for $35,150,000.
SAN FRANCISCO, CA, December 12, 2019 /24-7PressRelease/ — B+E, the first brokerage and technology platform for net lease real estate, announced the listing of the Comcast property located at 4690 N. Oracle Road, Tucson, AZ for $35,150,000.
The +/- 211,152 SF property sits on +/- 5.15 acres of land with +/- 1,050 covered parking spaces, carries an existing lease term of 6 years and is listed at an initial cap rate of 6.6%.
“This is an excellent opportunity to invest in a Fortune 40 company with an investment-grade credit rating of A- that is located in a pro-business environment,” said Spencer Henderson with B+E. “The state-of-the-art facility houses more than 1,100 employees, accounting for more than $35M in payroll and is estimated to have $385M in total economic impact on Tucson.”
B+E is a modern investment brokerage firm, specializing in net lease real estate. The firm helps clients buy and sell single tenant real estate. Founded by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform comprising of user-friendly dashboards and an AI-driven exchange — all leveraging the largest data set in the net lease industry.
Complementing senior talent with exceptional technology, B+E’s proprietary process affords greater speed, unrivaled transaction efficiencies, and stronger asset value. With offices in New York, Chicago, Atlanta, Denver, Tampa and San Francisco, its brokers trade property for clients across the US. B+E allows virtually anyone to confidently trade net lease real estate.
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