3201 Park Ave - Retail FOR SALE


Tucson, AZ 85713- South Park
$2,816,000 USD
949-506-2009
3201 Park Ave, Tucson, AZ for Sale
$2,816,000 USD
Retail - FOR SALE
1/11
null | 6% Cap Rate

3201 Park Ave
Tucson, AZ 85713
South Park


HIGHLIGHTS

  • Brand New 15-Year Lease | Franchisee Guaranteed | 10% Rental Increases | Brand New Construction
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Part of The Bridges, 350-acre Mixed-Use Development
  • Dominant Retail Trade Area | National Retailers & Consumer Draws
  • Strong Demographics | Expanding South Tucson Market

OVERVIEW

SRS Real Estate Partners–West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Take 5 Oil Change investment property located at 3201 S. Park Avenue, Tucson, Arizona. The tenant, T5 Tucson Park AZ 050, LLC (25+ Units), will reset the term with a fresh, 15-year term with 10% rental increases every 5 years throughout the initial term and option periods at the close of escrow. The lease will be absolute NNN, requiring zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,816,000 USD

PRICE/SF

$1,994 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change | New 15yr Abs NNN

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

PAD-15

APN/PARCEL ID

132-13-088A

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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