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15564 W Ajo Highway - Family Dollar Store, Tucson, AZ

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15564 W Ajo Highway - Family Dollar Store

Tucson, AZ 85735-2489 - Southwest Tucson Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2007
Building Size:9,180 SF Land Area:1.01 AC (43,913 SF)
For Sale Price:$875,000 Price/SF:$95.32
Cap Rate:8.00 %
Parking:Free Surface spaces are available; Ratio of 3.05/1,000 SF
Features:Freeway Visibility

Sale Notes:
Tucson is the second-largest metro area in Arizona, containing just over one million residents. The city of Tucson accounts for more than half of the population with 530,500 individuals. Population growth of 62,000 people is expected through 2020, with outlying areas such as Marana projected to grow at a faster clip.
Tucson has capitalized on its high-tech cluster program, spawning local technology jobs and high-tech companies. In the early 1990s, the Greater Tucson Economic Council targeted businesses in the areas of aerospace and defense, bioscience, solar and information technology. Working with the University of Arizona Science and Technology Park (UA Tech Park), the council has helped lure high-technology manufacturers to the county.

Marcus & Millichap Inc
Jamie Medress
(602) 687-6778

Chris Lind
(602) 687-6780

Mark Ruble
(602) 687-6766 x6766

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