This is a rare opportunity to acquire a freestanding retail building with a drive-thru located at a signalized, high-traffic intersection in Tucson, Arizona. Formerly occupied by Starbucks, the property features a functional drive-thru configuration, ample parking, and outstanding visibility.
The property is fully leased under a new 10-year lease with two (5 years each) renewal options, providing stable long-term income. The tenant is currently completing tenant improvements and is expected to open for business by the end of this year.
Strategically located along E. 22nd Street with traffic counts exceeding 40,000 vehicles per day, the property benefits from excellent visibility, strong demographics, and a well-established retail corridor. The site offers convenient ingress and egress, a proven retail location, and exceptional consumer exposure.
This offering presents an outstanding opportunity for investors seeking a stabilized, income-producing net-leased asset with a long-term tenant in place and future upside through contractual rent increases and renewal options.