Tucson Retail Investment
For Sale
$2,867,000
3250 W Cortaro Farms Rd, Tucson, AZ 85742
Corporate leased retail with rental increases and high visibility.
Property Size2,500 SF
Price / SF$1,146
Days on Market119
Property Features for 3250 W Cortaro Farms Rd
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
NNN
Amenities
Over 17 Years Remaining on Corporate Lease with Southwest Convenience SPE, LLC (Over 17 Units)
10 Percent Rental Increases Every Five Years with Multiple Renewal Options on Lease
Tenant in Process of Making Additional Capital Improvements to Site (New Parking Lot)
348,014 Residents within a 10-Mile Radius - Dense Tucson Infill
Highly Visible Location Along W Cortaro Farms Road with Over 18,000 Cars per Day
Less than a Three Minute Drive from Omni Tucson National Resort, AAA Four Diamond Resort with Legendary Golf Courses, World-Class Spa, Lighted Tennis Courts, Sparkling Pools, and Award-Winning Service
Immediate Connection to N Casa Grande Hwy 10 (Over 104,500 Cars per Day)
Surrounded by Big Box Retailers: Walmart Supercenter, Bashas', Albertsons, Fry's, Target, Lowe's, Harbor Freight Tools, and Many More
Building Details
Building Size
2,500 SF
Listing Agency:
Marcus & Millichap | Phoenix
Listed By:
Chris Lind · License #License(s): AZ: SA627823000
(602) 687-6780
Source:
Marcusmillichap
Added: May 14
Changed: Sep 8
Last Checked: Aug 3 at 2:38AM
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 Marcus & Millichap | Phoenix
Investment Insights
Based on property information with market context.
This retail property benefits from a corporate lease with Southwest Convenience SPE, LLC, with over 17 years remaining. The lease includes 10 percent rental increases every five years and multiple renewal options. The tenant is currently making additional capital improvements, including a new parking lot. The location is highly visible along W Cortaro Farms Road, which sees over 18,000 cars per day, and has immediate connection to N Casa Grande Hwy 10, with over 104,500 cars per day. The surrounding area is populated with big box retailers such as Walmart Supercenter, Bashas', Albertsons, Fry's, Target, Lowe's, and Harbor Freight Tools. The property is situated in a dense Tucson infill with 348,014 residents within a 10-mile radius. It is less than a three-minute drive from the Omni Tucson National Resort, a AAA Four Diamond Resort featuring golf courses, a spa, tennis courts, and pools. The property size is 2500 square feet.
Key Highlights
- Over 17 Years Remaining on Corporate Lease with Southwest Convenience SPE, LLC (Over 17 Units)
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Tenant in Process of Making Additional Capital Improvements to Site (New Parking Lot)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 75%
Shops & Services 12%
Dining 11%
Beauty & Spa 2%
Bashas'
Groceries
27,374 visits/mo
0.5 miles
Quick Mart
Shops & Services
4,431 visits/mo
0.1 miles
SUBWAY
Dining
4,014 visits/mo
0.5 miles
Supercuts
Beauty & Spa
745 visits/mo
0.5 miles
Demographics for 85742, AZ
30,057
Population
12,725
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
97%
High-School Grad
22.3 sq mi
ZIP Area
1,348
Density / Sq Mi
$96,550
Median Household Income
$51,952
Median Earnings
$1,636
Median Rent
$339,100
Median Home Value
Market
Vacancy Rate% for Retail in Tucson, AZ
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Similar Off Market Nearby
- Experiences at the Omni Tucson National Resort — 2727 W Club Dr, Tucson, AZ 85742
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Corporate leased retail with rental increases and high visibility.
Where is this grocery and convenience store located?
The property is located at 3250 W Cortaro Farms Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $2,867,000.
What are key features of this property?
This property features: Over 17 Years Remaining on Corporate Lease with Southwest Convenience SPE, LLC (Over 17 Units); 10 Percent Rental Increases Every Five Years with Multiple Renewal Options; Tenant in Process of Making Additional Capital Improvements to Site (New Parking Lot)
