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    7740 N Cortaro Rd Tucson, AZ 85743

    For Sale
    $4,670,000

    Freestanding 14,375 SF building in a high-traffic retail corridor.

    Property size:
    14,375 SF
    Lot size:
    2.08 Acres

    Property Features for 7740 N Cortaro Rd

    General Information

    Size
    14,375 SF
    Lot size
    2.08 Acres

    Source: Colliers | Phoenix Agent Mindy Korth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building For Sale

    This is a freestanding 14,375 SF building located in a high-traffic retail corridor. The property is subject to an absolute NNN lease, meaning there are no landlord responsibilities. The tenant is CVS Health (NYSE: CVS), providing a corporate guarantee. The property offers long-term tenancy with strong lease stability and reliable cash flow with built-in rent increases. The location benefits from strong demographics in the surrounding trade area. As an essential retail use, the property experiences recession-resilient demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy CVS Photo Passport Photo Processor CVS Drug Store UPS Access Point ... Shipping And Mailing Service MoneyGram Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CVS, Jenene R. Spencer, PharmD, Maryam T. Fazel, PharmD, Sonia Quijano, CVS Pharmacy

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -111.0987207
    Latitude
    32.3469562

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    FAQs

    What type of property is this?
    Drug store - Freestanding 14,375 SF building in a high-traffic retail corridor.
    Where is this drug store located?
    The property is located at 7740 N Cortaro Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $4,670,000.
    What are key features of this property?
    This property features: - Corporate guarantee from CVS Health (NYSE: CVS); - Absolute NNN lease with no landlord responsibilities; - Long-term tenancy with strong lease stability ensures reliable cash flow with built-in rent increases
    (602) 531-5538
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    7740 N Cortaro Rd Tucson, AZ 85743
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    Tucson, AZ 85743
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7740 N Cortaro Rd Tucson, AZ 85743
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