Tucson Marketplace - Shops H | 1570 E Tucson Marketplace Blvd
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Tucson Marketplace - Shops H 1570 E Tucson Marketplace Blvd
9,175 SF 100% Leased Retail Building Tucson, AZ 85713 $4,500,000 ($490/SF) 6.61% Cap Rate
Investment Highlights
- Shops located at Main Rotary Entry to 850,000 square foot Regional Center.
- Located in an opportunity zone.
- Near Downtown Tucson, University of Arizona, and Tucson International Airport.
- Immediately situated off the I-10 Freeway.
Executive Summary
The Bridges Master Plan is a 400-acre in-fill Tucson retail, commercial and employment hub serving Central Tucson, Downtown Tucson, the University of Arizona and beyond. Accessed by two freeway interchanges on Interstate 10.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
9,175 SF
Building Class
B
Year Built
2013
Price
$4,500,000
Price Per SF
$490
Cap Rate
6.61%
NOI
$297,450
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.47 AC
Opportunity Zone
Yes
Zoning
PAD - Planned Area Development, located in Opportunity Zone.
Parking
67 Spaces (7.3 Spaces per 1,000 SF Leased)
Frontage
325 FT on E Tucson Marketplace Blvd
Bike Score ®
Very Bikeable (82)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 132-13-0860 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $259,935 |
PROPERTY TAXES
Parcel Number
132-13-0860
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$259,935
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Tucson Marketplace - Shops H | 1570 E Tucson Marketplace Blvd
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