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Retail Strip in Tucson, Arizona

1280 West Prince Road Tucson, AZ 85705

Claim this Listing
For Sale
$9,100,000

77,179 SF retail strip with high traffic and visibility.

Type:Retail
Property size:
77,179 SF
Price / SF:
$117/SF
Added:
May 14, 2026
Days on Market:
59
Last Refresh:
Jun 29 at 2:30 am

Property Features for 1280 West Prince Road

General Information

Standard status
Active
Size
77,179 SF
Property subtype
Retail

Listing office Newmark | Phoenix

Listing date May 14, 2026

Source Nmrk

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 Newmark | Phoenix


Investment Insights

Based on property information with market context.

The property is a 77,179 square foot retail strip located at the northeast corner of Prince Road and Flowing Wells Road in Tucson, Arizona. It is situated in a high traffic corridor and features high visibility frontage. The property offers upside potential and has a daily needs tenant mix.

Key Highlights

  • High traffic corridor ensures constant exposure
  • Daily needs tenant mix provides reliable customer base
  • High visibility frontage attracts attention

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 $1.20M $15.60
− Vacancy −$124.0k −$1.61
EGI $1.08M $13.99
− OpEx −$324.0k −$4.20
NOI $756.0k $9.80
77,179 SF · lease $15.60/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$10.80M
$9.45M – $12.60M (±1% cap)
NOI $755,987 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.76M
$15.54M – $20.72M (±1% cap)
NOI $1,243,187 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Zona Tactical Range Shooting Range Zona Tactical Store Shooting Range

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Wine and Liquor Store Travel Agency

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

FAQs

What type of property is this?
Strip mall - 77,179 SF retail strip with high traffic and visibility.
Where is this strip mall located?
The property is located at 1280 West Prince Road Tucson, AZ.
What is the asking price?
The asking price for this property is $9,100,000.
What are key features of this property?
This property features: High traffic corridor ensures constant exposure; Daily needs tenant mix provides reliable customer base; High visibility frontage attracts attention
Contact an agent
More about this property
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