4240-4282 N 1st Ave - Supermarket FOR SALE
Tucson, AZ 85719 |
4240-4282 N 1st Ave
Tucson, AZ 85719
HIGHLIGHTS
- LONG-TERM SECURITY WITH GROCERY ANCHOR: National grocery anchor Sprouts Farmers Market (SFM: NASDAQ) has over 6 years of lease term remaining.
- VALUE-ADD DEVELOPMENT OPPORTUNITIES: Included in the offering are two vacant parcels, providing a value-add opportunity for an investor.
- DENSE INFILL LOCATION IN DYNAMIC RETAIL CORRIDOR: Rillito Crossing Marketplace is located in Tucson’s premier Oracle / Wetmore retail trade area.
- NATIONAL BRAND S & CREDIT UPGRADES: 89% of the Property’s Gross Leasable Area is from national retail concepts, providing income security.
- EXCELLENT WALKABILITY: With over 1,150 apartment units (2,110 residents) within a quarter mile.
- PROPERTY TO BE DELIVERED FREE AND CLEAR: The Property will be delivered free and clear of any existing mortgage encumbrances.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Rillito Crossing Marketplace
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Truck Stop, Health Club
TOTAL BUILDING SIZE
96424
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
717
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
105-10-2680
