Dental Investment Opportunity in
2990 South 6th Avenue Tucson, AZ 85713
2990 South 6th Avenue, Tucson, AZ, 85713
$2,115,000
For Sale
$2,115,000
NNN leased dental practice near major retailers and University of Arizona.
Property Size7,640 SF
Price / SF$276.83
Days on Market113
Property Features for 2990 South 6th Avenue
General Information
- Standard status
- Active
- Size
- 7,640 SF
- Property subtype
- Retail
Listing agency
Phoenix Commercial Advisors
(602) 385-1328
Listed by
Danny Gardiner · License #SA536326000
Source
Phoenixcommercialadvisors
Added: Apr 1 Updated: Jul 10 at 1:16PM Checked: Jul 21 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phoenix Commercial Advisors
Investment Insights
Based on property information with market context.
This 7,640 square foot retail space is occupied by Benevis Dorsett Dentistry and offers an absolute NNN lease. The property has a long operating history of 17.5 years. Recent capital work includes parking lot resealing, striping, and painting. Benevis supports 120 offices in 13 states and Washington D.C., serving over 600,000 patients during 1.4 million visits. The property is an outparcel to a grocery-anchored center with co-tenants including Wingstop, Little Caesars, T-Mobile, Rent-A-Center, Title Max, and Jackson Hewitt. It is located less than ¼ mile from Interstate 10 with over 127,000 vehicles per day and less than ½ mile from the Tucson VA Medical Center with 295 beds. Surrounding retailers in the retail corridor include Costco, Walmart, El Super, Planet Fitness, Curacao, Dave & Busters, and McDonald’s. The property is located just 3 miles from the University of Arizona with over 53,000 students and 5,200 staff and within a ±15 minute drive from the top 10 employers in Tucson.
Key Highlights
- Absolute NNN lease offering a hands‑off investment.
- Attractive 6.50 Cap Rate.
- Long dental operating history of 17.5 years at this location.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.1k | $20.04 |
| − Vacancy | −$9.2k | −$1.20 |
| EGI | $143.9k | $18.84 |
| − OpEx | −$43.2k | −$5.65 |
| NOI | $100.7k | $13.19 |
7,640 SF · lease $20.04/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,743 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $130,919 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dorsett Dentistry & Braces
Dental Office
Elango Judith M ...
Dental Office
Milad Kiani
Dental Office
Dino Drummer
Dental Office
Milad Haji Kiani
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - NNN leased dental practice near major retailers and University of Arizona.
Where is this retail space located?
The property is located at 2990 South 6th Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $2,115,000.
What are key features of this property?
This property features: Absolute NNN lease offering a hands‑off investment.; Attractive 6.50 Cap Rate.; Long dental operating history of 17.5 years at this location.
