$1,850,000 USD
858-373-3184
333 W Cool Dr
Tucson, AZ 85704
Casas Adobes
HIGHLIGHTS
- Corporate Backed Lease Featuring 2% Annual Rental Increases Throughout the Initial Term and Options. 23+ Year Historical Occupancy.
- High Traffic Arterial Access via Oracle Road – Positioned Just Off Oracle Road (State Route 77), a Major Arterial with Over 42k VPD.
- Located w/in one of the Region’s most Established and Economically Vibrant Commercial and Healthcare Corridors.
- Strong Guarantee - Lease is backed by National Veterinary Associates (NVA), which was purchased by JAB Holding, Co.
- It is Majority-owned by the Reimann Family, one of the Wealthiest in the World and estimated to have a Net Worth of $20 Billion, according to Forbes.
- The National Veterinary Associates (NVA) is One of the Largest Veterinary and Pet Care Service Providers in the World with 1,500+ Vet Clinics.
OVERVIEW
National Veterinary Associates (Sahuaro Vista Veterinary Clinic) | Recent Lease Extension | Corporate Guarantee | 2% Annual Rental Increases | Affluent Tucson Corridor | High-Income Dense Trade Area | High Traffic Arterial Access | Established Medical-Veterinary Corridor | Surrounded by Multifamily and Residential Growth | Service-Based, Internet Resistant, and Recession-Proof Investment
Arizona Broker of Record: Ryan Sarbinoff | 2398 East Camelback Rd, Ste. 300 Phoenix, AZ 85016 | P: 602-687-6700 | Lic #: BR675146000 | Ryan.Sarbinoff@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$1,850,000 USD
PRICE/SF
$834 USD /SF
CAP RATE
6.32%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
NATIONAL VETERINARY ASSOCIATES CLINIC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
ADD'L SUBTYPES
Freestanding, Storefront, Medical
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
0.56 AC
LAND SF
24,502 SF
ZONING
CB-1
APN/PARCEL ID
225-14-170C
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858-373-3184
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858-373-3184
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