Property Details for and La Canada Nec Lambert Ln

Year built

16

Property size

3,000 SF

Property type

Retail properties & Spaces

Property subtype

Drug stores

Description

This exceptional retail opportunity is located at the highly visible intersection of La Canada and Lambert Lane in Oro Valley, Arizona. The space, part of the Mercado at Canada Hills development, offers 6,479 square feet of net rentable area, with the potential to expand by an additional 3,000 square feet, totaling 17,000 square feet. Currently vacant, the space is ideally suited for a pharmacy or other retail use and is available for lease under a NNN lease agreement, commencing May 1, 2024, with an occupancy date of August 1, 2024. The property boasts a Class A designation and is situated within a thriving commercial area anchored by Fry's Food and its fueling station, ensuring high visibility and convenient access. This prime location benefits from significant traffic counts, with 34,426 vehicles passing daily (22,426 on La Canada and 12,000 on Lambert). The surrounding area demonstrates strong demographics, with a high household income and substantial population density within a 5-mile radius (7,867 within 1 mile, 40,620 within 3 miles, and 93,188 within 5 miles; average household incomes of $94,194 within 1 mile, $86,630 within 3 miles, and $79,636 within 5 miles). The property is part of a 5-building, single-story complex, built in 2016, offering easy access to shopping and all Oro Valley town amenities. This presents a rare opportunity to establish a business in a high-demand area with exceptional visibility and strong consumer demographics.

Location Insight

City

Oro Valley

County

Pima

State

Arizona

Longitude

-110.996

Latitude

32.3954