Conventional Restaurant
For Sale
Contact for pricing
2746 N Campbell Ave, Tucson, AZ 85719
Restaurant property along N. Campbell Ave in Tucson, Arizona.
Property Size1,740 SF
Price / SF$172.41
Days on Market14
Property Features for 2746 N Campbell Ave
General Information
Standard status
Active
Size
1,740 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Building Details
Tenancy
Single
Listing Agency:
Six Zero Two Real Estate Group LLC
Listed By:
James Park · License #BR656994000
Source:
Crexi
Added: Aug 18
Changed: Aug 30
Last Checked: Aug 30 at 2:33AM
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 Six Zero Two Real Estate Group LLC
Investment Insights
Based on property information with market context.
This 1,740-square-foot property is classified as a conventional restaurant and is offered for sale. The asset is located at 2746 N. Campbell Ave in Tucson, Arizona, within ZIP code 85719. Its restaurant classification and existing commercial setting provide a clear basis for evaluating the property as a restaurant-focused asset. The location can be considered within the context of Tucson’s commercial landscape and surrounding residential and commercial development.
Key Highlights
- 1,740 SF conventional restaurant property
- Located at 2746 N. Campbell Ave, Tucson, AZ 85719
- Offered for sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,721
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$354,420
$354.4K
Cap Rate 7%
$253,157
$253.2K
Cap Rate 9%
$196,900
$196.9K
Market Conditions
NOI Build-Up for 1,740 SF
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.
Gross rent
$25.1K $14.40/SF
− Vacancy
−$1.4K −$0.82/SF
EGI
$23.6K $13.58/SF
− OpEx
−$5.9K −$3.39/SF
NOI
$17.7K $10.18/SF
Area
Tucson, AZ
Vacancy
5.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$354,420
Cap Rate 7%
$253,157
Cap Rate 9%
$196,900
Alternative Uses
Best Use
Specialty Retail
$253.2K
$221.5K – $295.4K
NOI $17,721 @ 7.0% cap · market cap 5.91%
Second Best
Retail
$236.3K
$206.7K – $275.7K
NOI $16,539 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$452.0K
$395.5K – $527.4K
NOI $31,641 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
205k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Groceries 16%
Apparel 12%
Shops & Services 8%
Albertsons
Groceries
32,390 visits/mo
0.1 miles
Ross Dress for Less
Apparel
20,014 visits/mo
0.1 miles
Starbucks
Dining
16,588 visits/mo
0.1 miles
Flower Child
Dining
15,519 visits/mo
0.2 miles
Panda Express
Dining
14,779 visits/mo
0.1 miles
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
Market
Vacancy Rate% for Retail in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property along N. Campbell Ave in Tucson, Arizona.
Where is this conventional restaurant located?
The property is located at 2746 N Campbell Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,740 SF conventional restaurant property; Located at 2746 N. Campbell Ave, Tucson, AZ 85719; Offered for sale
