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 In Escrow

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

Starbucks
Salad and Go
First Watch
MOD Pizza
Dutch Bros. Coffee
Planet Fitness
Rudy's BBQ

PROPERTY TAXES

  • Listing ID: 26000553

  • Date on Market: 6/22/2022

  • Last Updated:

  • Address: 1570 E Tucson Marketplace Blvd, Tucson, AZ 85713