7730 Cortaro Rd Tucson, AZ 85743-7009
Property Lookup
Property profile & analytics
7730 Cortaro Rd Tucson, AZ 85743-7009
- Strip malls
- 7,764 SF
- 0.90 lot acres
Property ID
US07-3333199
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Pro-Cuts / Barber Shop
- Holy Cross Church / Church
- Domino's Pizza / Take-out & Catering
- Fairway Homes West / Construction Company / General Contractor
- Cortaro Retail / Department Store
Property Details for 7730 Cortaro Rd
- Year built
- 2007
- Construction
- FRAME
- Lot size
- 0.90 lot acres
- Property size
- 7,764 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 226-30-002S
- APU
- 22630002S
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,320,000
- 6.5%
- $1,215,000
- 7%
- $1,130,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,039,000
Market price range: $1.05M - $3.96M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,245,000 Current use
- COMMERCIAL (GENERAL)
- $2,635,000 Change: +17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,115,000 Change: -6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -111.1
- Latitude
- 32.3469
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,518
$91,616
$138,961
$230,577
-
$508,976
$772,006
$1,280,982
