9210 Houghton Rd Tucson, AZ 85747-9756

Property Details for 9210 Houghton Rd

Year built

2020

Construction

FRAME

Lot size

0.45 lot acres

Property size

6,793 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

141-18-629A

APU

14118629A

Description

This exceptional investment opportunity presents a fee-simple ownership (land and building) of a 6,805 square foot, multi-tenant retail building in Tucson, Arizona. Located at 9210 S Houghton Rd, this property boasts a prime location as an outparcel to the high-traffic Houghton Town Center, benefiting from the significant draw of national retailers such as Walmart Supercenter, Ross, TJ Maxx, Petco, and McDonald's. The newly completed Home Depot further enhances the area's retail appeal. The building is currently 100% occupied by four tenants: MOD Pizza, Cold Stone Creamery, Crumbl Cookies, and Sport Clips, all operating under long-term, triple-net (NNN) leases with a weighted average remaining lease term of 6.1 years. These NNN leases minimize landlord expenses, providing a stable and predictable income stream. The property features 27 parking spaces and sits on a 0.6-acre lot, zoned I-2 (Industrial). Built in 2020, the property offers a strong 6.50% cap rate with a net operating income (NOI) of $229,522 and an asking price of $3,530,000 ($518.74 per square foot). The property benefits from its proximity to major roadways and a substantial consumer base, including the University of Arizona Tech Park, contributing to a strong demographic profile within the trade area. Scheduled rental increases further enhance the long-term investment potential. This is a rare opportunity to acquire a well-positioned, high-performing retail investment property in a thriving Tucson market. The property's APN is 141-18-629A, 141-18-626B.