7730 Cortaro Rd, Tucson, AZ 85743-7009

This 7,758 square foot shopping center in Tucson, Arizona, presents a compelling investment opportunity. Priced at $1,920,000, it boasts a 6.80% cap rate and a strong net operating income (NOI) of $130,476. Currently 100% occupied with multiple tenants, all operating under absolute NNN leases, this property offers minimal management responsibilities. The tenants have demonstrated long-term commitment, with occupancy exceeding 10 years and several lease extensions in place. Situated in a densely populated area with over 15,000 homes within a 3-mile radius and 38,000 residents within the same area, the center benefits from excellent demographics, including an average household income of $130,000 and an annual consumer spend of $611 million. Its prime location adjacent to major retailers like Fry's Food and Drug, AutoZone, Walgreens, CVS, Ace Hardware, and Walmart ensures high visibility and consistent foot traffic. Furthermore, its proximity to I-10 (one mile) provides exposure to approximately 28,000 vehicles daily. One tenant, Domino's Pizza, shows exceptional performance, ranking in the 62nd percentile for Domino's locations in Arizona and receiving over 30,000 customer visits annually, according to Placer AI. Built in 2007, this property is located at 7730 N Cortaro Rd, Tucson, AZ 85743.