12140 N Dove Mountain Blvd - Bank FOR SALE


Marana, AZ 85658- Dove Mountain
$2,050,000 USD
602-687-6780
12140 N Dove Mountain Blvd, Marana, AZ for Sale
$2,050,000 USD
Bank - FOR SALE
1/5
null | 6% Cap Rate

12140 N Dove Mountain Blvd
Marana, AZ 85658
Dove Mountain


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Ground Lease with 5 Years Remaining on Lease Term
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • 58,077 Residents within a 5-Mile Radius - Dense Trade Area in the Tucson MSA
  • Located in Rapidly Growing Marana - Households and Population Projected to Increase Approximately 5%+ in the Surrounding Area by 2030
  • More Than 28,000 Cars per Day at the Nearby Intersection of West Tangerine Road and North Dove Mountain Boulevard
  • Prime Location at the Gateway to the Affluent Dove Mountain Master-Planned Community (±9,159 Units at Build-Out)

OVERVIEW

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.3 trillion in assets. Wells Fargo provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Located just northwest of Tucson in southern Arizona, Marana is a town that lies mostly in Pima County with a small portion in Pinal County. Home to nearly 52,000 residents, it is among the fastest-growing cities in Arizona, growing at a rate of nearly 150 percent since 2000.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$437 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wells Fargo @ The Ritz Carlton Dove Mountain

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

-

APN/PARCEL ID

218-55-5680,218-55-574B

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.