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    10 Houghton Rd Tucson, AZ 85748

    For Lease
    $30 SF/Yr ($5,100 /Mo)

    2,040 SF Retail Space - High-Traffic Corner

    Lot size:
    2,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,040-square-foot retail space is situated on a highly visible corner lot at the intersection of Broadway Boulevard and Houghton Road in Tucson, Arizona. The property, built in 1999, sits on a 7.2-acre parcel and is part of the Montesa Plaza shopping center. This single-tenant space offers immediate occupancy and benefits from the strong tenancy of the surrounding center, anchored by Galaxy Theatres, the only theatre in east Tucson. Other notable tenants include Starbucks, UPS Store, Cost Cutters, and Robek's Juice. The location boasts excellent visibility and accessibility, with five points of ingress/egress. The recent Broadway Improvements Project has enhanced the area with four-lane expansion, new drainage, sidewalks, and landscaping. The property serves an affluent demographic, with average household incomes exceeding $104,000, significantly higher than the Tucson average. Many existing tenants have occupied the center since its construction, demonstrating the location's long-term appeal. This prime retail space presents a unique opportunity for businesses seeking high visibility and a strong tenant base in a thriving community. The property is located in Pima County, Arizona, with a zip code of 85748.

    Property Features for 10 Houghton Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,040 SF
    Total Rate
    5100

    Unit(s) available at that property

    Space
    Size
    2,040 SF
    Rate per SF
    $30
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.77330943051
    Latitude
    32.21921963731

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    FAQs

    What type of property is this?
    Lifestyle center - 2,040 SF Retail Space - High-Traffic Corner
    Where is this lifestyle center located?
    The property is located at 10 Houghton Rd Tucson, AZ.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    Request Owner's contact information
    10 Houghton Rd Tucson, AZ 85748
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    Tucson, AZ 85748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Houghton Rd Tucson, AZ 85748
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