7201 N Oracle Rd Tucson, AZ
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NNN leased Mattress Firm with strong corporate guarantee.
Type:RETAIL
Property size:
3,500 SFLot size:
0.40 AcresPrice / SF:
$840/SF- Added:
- Jan 20, 2025
- Days on Market:
- 466
- Last Refresh:
- Apr 5 at 11:10 pm
Property Features for 7201 N Oracle Rd
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 0.40 Acres
- Property subtype
- RETAIL
Listing agent Chad Tiedeman License #SA536326000
Listing office Phoenix Commercial Advisors (602) 735-5555
Listing date Jan 20, 2025
Source Moodyscre
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 Phoenix Commercial Advisors
Overview
High-Traffic Retail Investment Opportunity
This retail property features an absolute NNN lease, meaning the landlord has no responsibilities. The property is currently occupied by Mattress Firm, a company with approximately 2,400 stores across the U.S. The corporate-guaranteed lease has a 10-year term, with 6 years remaining on the primary term. The lease includes 10% rent increases every 5 years. Mattress Firm was acquired by Steinhoff International in September 2016. Steinhoff International is a global retailer with more than 40 brands in 30 countries and revenue of $9.19 billion. The property is situated on a hard corner location, offering excellent visibility from both Oracle and Ina Roads. This intersection experiences high traffic, with nearly 94,000 vehicles per day. The surrounding residential communities are affluent, with an average household income exceeding $107,000 within a 1-mile radius. The location is a dynamic intersection with retailers including Whole Foods, Safeway, Walgreens, Starbucks, Bank of America, Wells Fargo, Chico’s, Chipotle and Pei Wei. The property has a size of 3,500 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mattress Firm Ina ...
Furniture & Home Goods
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.978
- Latitude
- 32.3376
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FAQs
What type of property is this?
Storefront property - NNN leased Mattress Firm with strong corporate guarantee.
Where is this storefront property located?
The property is located at 7201 N Oracle Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $2,940,000.
What are key features of this property?
This property features: Hard corner location boasting excellent visibility at an extremely high traffic intersection (94,000 vehicles per day).; Corporate guaranteed 10‑year lease with 6 years remaining and absolute NNN lease terms.; Excellent 10% rent increases every 5 years.
