NNN Ground Lease
For Sale
Contact for pricing
2847 S 6th Ave, Tucson, AZ 85713
Leased fee land supports an operating building owned and maintained by the tenant under a long-term NNN ground lease.
Property SizeContact for details
Days on Market144
Property Features for 2847 S 6th Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
30,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Single Net Properties
Listed By:
david delatorre · License #CA 00897976
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 6:54PM
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 Single Net Properties
Investment Insights
Based on property information with market context.
This offering comprises the leased fee interest in land beneath an existing Ace Cash Express location. The tenant constructed and owns the building and improvements, originally completed in 2002, and is responsible for property taxes, fire and liability insurance, building maintenance, and property upkeep. The site also supports subleases with Cricket Wireless and the Insurance Company, with no landlord responsibilities under those agreements.
The ground lease was extended for 10 years through January 1, 2033, with one additional 5-year option at Fair Market Value. The property is positioned at the signalized intersection of 6th Avenue and 39th Street, across from the entrance to a Food City Grocery-anchored center and approximately two blocks from an Interstate 10 freeway exit.
Reported traffic includes nearly 30,000 cars per day on 6th Avenue and more than 165,000 cars per day at the Interstate 10 exit. The surrounding 3-mile area includes over 105,000 residents and a daytime population exceeding 66,000, with Southern Arizona Veterans Hospital, the University of Arizona BioPark, Costco, Walmart, Central Theatres, and In-n-Out east of the property.
The ground lease was extended for 10 years through January 1, 2033, with one additional 5-year option at Fair Market Value. The property is positioned at the signalized intersection of 6th Avenue and 39th Street, across from the entrance to a Food City Grocery-anchored center and approximately two blocks from an Interstate 10 freeway exit.
Reported traffic includes nearly 30,000 cars per day on 6th Avenue and more than 165,000 cars per day at the Interstate 10 exit. The surrounding 3-mile area includes over 105,000 residents and a daytime population exceeding 66,000, with Southern Arizona Veterans Hospital, the University of Arizona BioPark, Costco, Walmart, Central Theatres, and In-n-Out east of the property.
Key Highlights
- Leased fee interest in land beneath an Ace Cash Express location at 2847 S 6th Ave, Tucson, AZ 85713
- Tenant owns the building and improvements originally constructed in 2002
- 10‑year ground lease extension runs through January 1, 2033, with one 5‑year option at Fair Market Value
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
182k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 36%
Shops & Services 12%
Apparel 4%
El Super
Groceries
56,704 visits/mo
0.4 miles
Food City Arizona
Groceries
29,224 visits/mo
0.2 miles
Circle K
Shops & Services
14,214 visits/mo
0.3 miles
Panda Express
Dining
14,053 visits/mo
0.4 miles
Jack in the Box
Dining
12,675 visits/mo
0.3 miles
Demographics for 85713, AZ
46,810
Population
19,056
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
79%
High-School Grad
23.8 sq mi
ZIP Area
1,967
Density / Sq Mi
$50,264
Median Household Income
$32,302
Median Earnings
$1,017
Median Rent
$171,700
Median Home Value
Market
Vacancy Rate% for Retail in Tucson, AZ
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Frequently Asked Questions
What type of property is this?
NNN property - Leased fee land supports an operating building owned and maintained by the tenant under a long-term NNN ground lease.
Where is this nnn property located?
The property is located at 2847 S 6th Ave Tucson, AZ.
What are key features of this property?
This property features: Leased fee interest in land beneath an Ace Cash Express location at 2847 S 6th Ave, Tucson, AZ 85713; Tenant owns the building and improvements originally constructed in 2002; 10‑year ground lease extension runs through January 1, 2033, with one 5‑year option at Fair Market Value
