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Three-Tenant NNN Ground Lease Portfolio
For Sale
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Pending

3510 South Kino Pkwy, Tucson, AZ 85713

Ground-leased retail assets with long-term leases in a mixed-use development.

Property SizeContact for details
Days on Market142

Property Features for 3510 South Kino Pkwy

General Information

Standard status Pending
Property subtype Retail
Net Operating Income $332,000

Additional Details

Anchor Co-Tenants Walmart, Costco

Building Details

Buildings 3
Tenancy Multi
Listing Agency: JLL Phoenix
Listed By: Nick Franklin · License #AZ0138
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:05AM

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 JLL Phoenix

Investment Insights

Based on property information with market context.

This NNN portfolio comprises three ground-leased retail properties occupied by Whataburger, Chipotle, and Salad and Go. The improvements were constructed in 2021 and 2022, and the assets may be acquired together or individually.

The properties are located within The Bridges, a 350-acre mixed-use development in Tucson. The surrounding project includes Walmart and Costco-anchored retail, GEICO’s regional office headquarters, the University of Arizona’s Tech Campus, and 550 planned residential units. The leases have a 17.8-year weighted average remaining term, providing extended contractual duration across the portfolio.

Key Highlights

  • Three ground‑leased retail properties occupied by Whataburger, Chipotle, and Salad and Go
  • 17.8‑year weighted average lease term
  • Improvements constructed in 2021 and 2022

Property Analytics

Current Use

Chipotle Mexican Grill Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby
459k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 42% Dining 30% Shops & Services 27% Beauty & Spa 1%
Costco Wholesale Superstores
193,300 visits/mo 0.3 miles
In-N-Out Burger Dining
61,134 visits/mo 0.2 miles
Costco Gasoline Shops & Services
60,944 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
50,139 visits/mo 0.3 miles
Circle K Shops & Services
44,083 visits/mo 0.5 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

7.4% 2019
8.3% 2020
7.5% 2021
6.8% 2022
6.5% 2023
6.4% 2024
6.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Ground-leased retail assets with long-term leases in a mixed-use development.
Where is this nnn property located?
The property is located at 3510 South Kino Pkwy Tucson, AZ.
What are key features of this property?
This property features: Three ground‑leased retail properties occupied by Whataburger, Chipotle, and Salad and Go; 17.8‑year weighted average lease term; Improvements constructed in 2021 and 2022
(602) 282-6300 Call to check price and availability
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