You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

2820 W Los Reales Rd Tucson, AZ 85746

Retail space Google Maps
8,320 SF 1 ac lot Built 2013
Individually Owned 11-yr Hold ~ Est. High Equity
Estimated value (blended)
$440k
Range $396k – $484k (±10%)
Property ID US07-2400003

Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple, single-tenant net-leased Family Dollar store in Tucson, Arizona. The property, built in 2013, boasts 8,320 square feet on a one-acre lot and features a 15-year lease (originally commencing April 1, 2014, and expiring March 31, 2029), with 4.5 years remaining. The lease includes four, five-year options with a 10% rent increase in each. The current asking price is $1,820,500, representing a compelling cap rate of 6.90% and a price per square foot of $218.81. The property generates a strong net operating income (NOI) of $125,620 annually. The tenant, Family Dollar, a subsidiary of Dollar Tree, Inc. (a Fortune 500 company), provides a corporate guarantee, mitigating risk. The property benefits from its location in a rapidly growing residential submarket, with proximity to major transportation arteries, educational institutions (Pima Community College), and entertainment venues (Casino Del Sol). The tenant recently exercised a lease option, demonstrating long-term commitment to the location. Landlord responsibilities are limited to structural repairs exceeding $1,000, making this a low-maintenance, passive investment. The property's "essential business" nature and strong demographics further enhance its investment appeal. The property's address is 2820 W Los Reales Rd, Tucson, AZ 85746, APN 238-25-609B.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Construction FRAME
Total area 8,320 SF
Lot 1 ac (43,368 SF)
APN 138-25-609B
UPID US07-2400003

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2015
2 recorded transactions
2015
$1.5M
2014
$1.4M

Zoning & alternative use

Top alternative use upside
Medical building $1.9M +38.3%
Industrial (general) $1.7M +27.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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