850 Irvington Rd Tucson, AZ 85714-0009
Property profile & analytics
850 Irvington Rd Tucson, AZ 85714-0009
- Auto shops
- 1,410 SF
- 0.59 lot acres
Property ID
US07-0863202
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
- Take 5 Oil Change / Auto Repair Shop
Property Details for 850 Irvington Rd
- Year built
- 2022
- Construction
- FRAME
- Lot size
- 0.59 lot acres
- Property size
- 1,410 SF
- Property type
- Auto shops
- APN
- 120-05-2810
- APU
- 120052810
Description
This exceptional investment opportunity presents a brand-new, 1,438 square foot Take 5 Oil Change located in Tucson, Arizona. Built in 2023, this single-tenant property sits on a 0.59-acre lot and boasts 12 parking spaces. The property benefits from a 15-year absolute triple-net (NNN) lease with a highly creditworthy franchisee tenant, featuring 10% rent increases every five years. The current annual net operating income (NOI) is $145,554, resulting in a 6.00% cap rate based on the asking price of $2,426,000. The property enjoys exceptional visibility and accessibility, situated on Irvington Road (approximately 48,800 vehicles per day) and just one block from I-19 (approximately 89,850 vehicles per day). Its strategic location is across I-19 from Tucson Spectrum, a major outdoor mall, and The Landing, a new mixed-use development. The surrounding area demonstrates strong demographics, with approximately 105,500 residents within a 3-mile radius and an average household income exceeding $61,000. This location is also less than a mile from Pueblo High School, serving 1,639 students. The Take 5 Oil Change business model is highly resilient, offering a contactless, 10-minute oil change service. The tenant is part of a rapidly expanding national franchise, with plans to open 50+ locations by the end of 2024. This property offers a compelling combination of strong tenant performance, a long-term lease, and a prime location in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.982
- Latitude
- 32.1637
- 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
$4,222
$36,884
$15,648
$52,532
-
$204,912
$86,931
$291,843
