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MATTRESS FIRM | CORPORATE ABSOLUTE NNN LEASE 7201 N Oracle Rd

3,500 SF Retail Building Tucson, AZ 85704 $2,940,000 ($840/SF) 5.50% Cap Rate

Investment Highlights

  • Absolute NNN lease; landlord has no responsibilites
  • Mattress Firm has approximately 2,400 stores across the U.S.
  • Hard corner location with excellent visibility from both Oracle and Ina roads
  • Corporate guaranteed 10-year lease, with 6 years remaining on primary term
  • Excellent 10% rent increases every 5 years

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,500 SF
Building Class
B
Year Built
2015
Price
$2,940,000
Price Per SF
$840
Cap Rate
5.50%
NOI
$161,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.40 AC
Zoning
CB1
Frontage
76 FT on Ina Rd

Nearby Major Retailers

Wildflower American Cuisine
Jenny Craig
Orangetheory Fitness
YogaSix
U.s. Bank Branch
Starbucks
Safeway
Pure Barre
Bank of America
Whole Foods Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
225-51-2230
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$94,155
  • Listing ID: 26123448

  • Date on Market: 7/8/2022

  • Last Updated:

  • Address: 7201 N Oracle Rd, Tucson, AZ 85704

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