Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Thornydale Dr & Costco Dr Marana, AZ 85741

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Thornydale Dr & Costco Dr Marana, AZ 85741

    View on Map
    • Retail properties & Spaces
    • 3,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Thornydale Dr & Costco Dr

    Property size
    3,200 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail opportunity is located in the vibrant Northpointe Village Center in Marana, Arizona, at the highly visible intersection of Thornydale Drive and Costco Drive, zip code 85741. The property offers a total of 3,200 square feet of retail space, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,000 square feet. This presents a unique chance for businesses seeking flexible space to suit their specific needs. The property is situated in Pima County, benefiting from excellent visibility and accessibility due to its strategic location near a major retailer. The address provides easy access for customers and employees alike. This is an ideal location for businesses looking to establish a strong presence in a rapidly growing area of Marana. The entire 3,200 square feet is available for lease, allowing for a single tenant to occupy the entire space or multiple tenants to occupy smaller portions. This versatile property offers significant potential for a variety of retail businesses. Contact us today to learn more about this exciting opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marana
    County
    Pima
    State
    Arizona
    Longitude
    -111.046
    Latitude
    32.3305

    Comparable in this City

    • Value Estimation by Request
      0.66 Acres

      4505 Ina Rd

      NURSERY, GREENHOUSE, FLORIST • 0.66 Acres
      4505 Ina Rd, Tucson, AZ 85741
      View Details
    • Value Estimation
      $4,920,000
      28,052 SF

      2551 Orange Grv Rd

      NURSERY, GREENHOUSE, FLORIST • 28,052 SF
      2551 Orange Grv Rd, Tucson, AZ 85741-3457
      View Details
    • Value Estimation
      $1,490,000
      8,078 SF

      3235 Orange Grv Rd

      NURSERY, GREENHOUSE, FLORIST • 8,078 SF
      3235 Orange Grv Rd, Tucson, AZ 85741-2937
      View Details
    • Value Estimation by Request
      14,440 SF

      2840-2880 Ina Rd

      Neighborhood centers • 14,440 SF
      2840-2880 Ina Rd, Tucson, AZ 85741
      View Details
    • Value Estimation by Request
      1,601 SF

      6810 Camino Martin

      NURSERY, GREENHOUSE, FLORIST • 1,601 SF
      6810 Camino Martin, Tucson, AZ 85741-2217
      View Details
    • Value Estimation by Request
      1,600 SF

      6808 Camino Martin

      NURSERY, GREENHOUSE, FLORIST • 1,600 SF
      6808 Camino Martin, Tucson, AZ 85741-2217
      View Details

    Similar Nearby for Sale

    • $1,300,000
      1.84 Acres

      Commercial Land on Ina Road

      1.84 acres of commercial land in Marana, Arizona.
      4535 W Ina Rd, Tucson, AZ 85741
      View Details
    • Contact for pricing

      Land Along Interstate 10 Highway

      Land with residential and commercial potential near I-10.
      4990 W Massingale Rd, Tucson, AZ 85741
      View Details
    • Contact for pricing
      2,859 SF

      Furnished Medical Office Space

      Ground floor medical office with procedure rooms and natural light.
      5920 N La Cholla Blvd, Tucson, AZ 85741
      View Details
    • Contact for pricing

      La Cholla Blvd Land Opportunity

      Infill land with approved development package on high-traffic street.
      5341 N La Cholla Blvd, Tucson, AZ 85741
      View Details
    • Contact for pricing
      50,220 SF

      Assisted Living Facility in Tucson

      Licensed 123-bed assisted living facility with expansion potential.
      6505 N La Cholla Blvd, Tucson, AZ 85741
      View Details
    • $4,260,000

      Freeway Pylon Land for Sale

      Land with freeway pylon, built in 2023, available for sale.
      5659 W Cortaro Farms Rd, Tucson, AZ 85741
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      3,000 SF

      Restaurant Space with Large Kitchen

      Second generation restaurant space available for sublease in Tucson.
      8320 N Thornydale #110 Rd, Tucson, AZ 85741
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease.
      3835 W River Rd, Tucson, AZ 85741
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Gold Canyon

      Retail space available in a growing Tucson community.
      3720 West Ina Rd, Tucson, AZ 85741
      View Details
    • $18 SF/Yr

      Retail Space Available For Lease

      Retail space for lease at Ina Road & I-10.
      7221 N Camino De Oeste, Tucson, AZ 85741
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      In-line retail spaces available with various build outs.
      2934-2990 W Ina Rd, Tucson, AZ 85741
      View Details
    • Contact for pricing

      Retail Space in Growing Suburb

      Retail space available in a growing Tucson suburb, Marana.
      3720 W Ina Rd, Tucson, AZ 85741
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Thornydale Dr & Costco Dr
    Marana, AZ 85741
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!