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    3345 S Park Ave Tucson, AZ 85719

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    For Sale
    $2,500,000

    20-year NNN lease in a regional super center.

    Property size:
    2,217 SF
    Lot size:
    1.54 Acres

    Property Features for 3345 S Park Ave

    General Information

    Size
    2,217 SF
    Lot size
    1.54 Acres

    Source: Marcus & Millichap | Phoenix Agent Chris Lind

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

    Overview

    Retail Space in Tucson Marketplace

    This retail space features a brand new 20-year absolute triple-net (NNN) lease with a renovation planned for 2025. The lease includes 10% rental increases every 5 years, along with multiple renewal options. The property is located in Tucson Marketplace, an 850,000-square-foot regional super center whose major tenants include Costco, Walmart, Dave & Buster's, Cinemark, and Planet Fitness. It is adjacent to the UA Tech Park at The Bridges, which houses Geico's corporate offices and will feature 1.2 million square feet of office and lab space to support approximately 5,000 employees at build-out. The property size is 2,217 square feet.
    Location Intelligence

    Current Use by Public Records

    Arby's Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.9571614
    Latitude
    32.2670517

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    FAQs

    What type of property is this?
    Retail space - 20-year NNN lease in a regional super center.
    Where is this retail space located?
    The property is located at 3345 S Park Ave Tucson, AZ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Brand new 20-year absolute triple-net (NNN) lease with a 2025 renovation.; - Located in Tucson Marketplace, an 850K SF regional super center with major tenants like Costco and Walmart.; - Adjacent to UA Tech Park at The Bridges (Geico Corporate Offices) with planned 1.2M SF of office/lab space.
    (602) 370-9255
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    3345 S Park Ave Tucson, AZ 85719
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    Tucson, AZ 85719
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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
    3345 S Park Ave Tucson, AZ 85719
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