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35 N Houghton Road, Tucson, AZ

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35 N Houghton Road

Tucson, AZ 85748 - East Tucson Ret Submarket

Property Type:Retail Sub Type:Bank Status:Existing Year Built:2004
Building Size:4,756 SF Land Area:.99 AC (43,124 SF)
For Sale Price:$2,080,000 Price/SF:$437.34
Cap Rate:5.10 %
Parking:Free Surface spaces are available; Ratio of 9.25/1,000 SF
Features:Banking, Bus Line, Pylon Sign, Signage, Signalized Intersection, Drive Thru

Sale Notes:
The property benefits from a hard corner location at the signalized intersection of Broadway Boulevard and Houghton Road. The branch features a substantial parking lot for 33 vehicles and has three drive-thru lanes.

The site lies in the neighborhood's commercial district amid numerous shopping centers and residential communities. The property is across the street from Safeway, Walgreens, Bashas' and other national retailers.

Within a 1-mile radius, there are nearly 11,000 residents with an average annual house income of approximately $85,000. The population increases to nearly 140,000 when the radius expands to five miles.

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

Equity Investment Advisors
Rich Lydon
(310) 584-4540

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