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10655 N Oracle Road - Rooney Ranch - BMO Harris Bank, Tucson, AZ

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10655 N Oracle Road - Rooney Ranch - BMO Harris Bank

Tucson, AZ 85737 - North/Oro Valley Ret Submarket

Property Type:Retail Sub Type:Bank Status:Existing Year Built:2005
Building Size:5,058 SF Land Area:.92 AC (40,075 SF)
For Sale Price:$2,720,000 Price/SF:$537.76
Cap Rate:5.00 %
Parking:Free Surface spaces are available; Ratio of 3.81/1,000 SF
Features:Bus Line, Signage, Signalized Intersection, Drive Thru

Sale Notes:
Located at the hard corner of North 1st Avenue and North Oracle Road, an intersection with traffic counts exceeding 34,000 vehicles per day, the site offers excellent visibility and access. The asset boasts 20 parking spaces and offers three drive-thrus.

The property is an outparcel to the area's major retail power center, anchored by Target, Fry's Marketplace, and PetSmart. The property is also a short drive from the Oro Valley Country Club and Catalina State Park.

Approximately 500 multi-family units within two blocks of the site add to the locations strong surrounding density. Over 61,000 people reside within a 5-mile radius with an average household income of $87,000, $17,000 greater than the national average. Deposits are $47.2 million, a 37% increase from 2013, a testament to the long-term success of the branch.

Download the attached offering memorandum for additional detail. Working in association with Ryan O'Connell, RDO Investments, LC637047000.

Equity Investment Advisors
Rich Lydon
(310) 584-4540

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