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Safeway-Anchored Retail Shopping Center
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9040 E Valencia Rd, Tucson, AZ 85747

Safeway-anchored shopping center with adjacent retail shops and a separate parcel multi-tenant pad building.

Property SizeContact for details
Days on Market123

Property Features for 9040 E Valencia Rd

General Information

Standard status Active
Property subtype Retail
Occupancy 95%

Building Details

Tenancy Multi
Listing Agency: Newmark
Listed By: Jesse Goldsmith · License #AZ SA586241000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:09AM

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 Newmark

Investment Insights

Based on property information with market context.

Rita Ranch Shopping Center is a Safeway-anchored retail property in the southeast part of Tucson, Arizona. The offering includes the Safeway, adjacent retail shops, and a free-standing multi-tenant pad building on a separate parcel.

The center is reported to be 95% leased to a mix of national and local tenants, with 35% described as national/credit tenants. The offer comprises two parcels under different entities: Rita Ranch 1 and Rita Ranch 2. Rita Ranch 1 includes the Safeway and adjacent shops and has an existing loan that must be assumed.

Rita Ranch 2 is the hard-corner retail building and is described as being delivered free and clear, or open to a new loan.

Key Highlights

  • Safeway‑anchored shopping center in southeast Tucson, AZ, plus adjacent retail shops
  • 95% leased with a mix of national and local tenants; 35% are national/credit tenants
  • Investment includes two parcels under different entities: Rita Ranch 1 and Rita Ranch 2

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Storage Facility Real Estate Agency

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

95%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 51% Dining 40% Home Improvements & Furnishings 5% Beauty & Spa 3%
Safeway Groceries
29,952 visits/mo 0.0 miles
McDonald's Dining
17,618 visits/mo 0.1 miles
Little Caesars Pizza Dining
3,809 visits/mo 0.1 miles
Leslie's Pool Supplies Home Improvements & Furnishings
2,899 visits/mo 0.0 miles
SUBWAY Dining
2,046 visits/mo 0.0 miles

Demographics for 85747, AZ

27,703
Population
10,105
Households
2.7
Avg Household Size
36
Median Age
46%
College-Educated
97%
High-School Grad
67.0 sq mi
ZIP Area
413
Density / Sq Mi
$107,290
Median Household Income
$54,491
Median Earnings
$1,776
Median Rent
$345,900
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?
Shopping center - Safeway-anchored shopping center with adjacent retail shops and a separate parcel multi-tenant pad building.
Where is this shopping center located?
The property is located at 9040 E Valencia Rd Tucson, AZ.
What are key features of this property?
This property features: Safeway‑anchored shopping center in southeast Tucson, AZ, plus adjacent retail shops; 95% leased with a mix of national and local tenants; 35% are national/credit tenants; Investment includes two parcels under different entities: Rita Ranch 1 and Rita Ranch 2
(480) 241-5146 Call to check price and availability
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