7856-7790 E Wrightstown Rd - Retail FOR SALE


Tucson, AZ 85715- Ward 2
$9,880,000 USD
602-692-6313
7856-7790 E Wrightstown Rd, Tucson, AZ for Sale
$9,880,000 USD
Retail - FOR SALE
1/11
null | Request Cap Rate

NEW


7856-7790 E Wrightstown Rd
Tucson, AZ 85715
Ward 2


HIGHLIGHTS

  • Quality Value-Add Investment Opportunity Below Replacement Cost
  • Approximately 10 Acre Site with Generous (450 Spaces) Storefront Parking
  • Proposed Multifamily Entitlements Include 250 Unit Class A Luxury Apartment Complex
  • Currently Improved with 91,122 SqFt Retail Center (4 Buildings, 23 Suites)
  • Flexible Suite Sizes Attractive to a Variety of Tenants (Both Service and Retail)
  • Densely Populated Northeast Submarket (80,000+ Residents in 3 Mile Radius)

OVERVIEW

Quality Value-Add Investment Opportunity Below Replacement Cost Approximately 10 Acre Site with Generous (450 Spaces) Storefront Parking Currently Improved with 91,122 SqFt Retail Center (4 Buildings, 23 Suites) Offering Includes 2 Outparcels and Former Wendy’s with Drive Thru 95% Vacant with Strong Potential to Capture Rent-Sensitive Tenants Flexible Suite Sizes Attractive to a Variety of Tenants (Both Service and Retail) Two Parcels (133-12-006-M/P) on SWC of N Pantano Rd and E Wrightstown Rd Densely Populated Northeast Submarket (80,000+ Residents in 3 Mile Radius) Strategic Location with Multiple Advantages for Both Retail and Multifamily Just 10 Miles Away from Tucson International Airport and I-10 Freeway Proposed Multifamily Entitlements Include 250 Unit Class A Luxury Apartment Complex

FOR SALE DETAILS

PRICE

$9,880,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

450

LAND DETAILS

LAND ACRES

10.73 AC

LAND SF

467,302 SF

ZONING

C-1, Tucson

APN/PARCEL ID

133-12-006M,133-12-006P

ASK ABOUT THIS PROPERTY

Alan RobinsonUS Investment Realty, LLCMore Info
602-692-6313

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

Alan RobinsonUS Investment Realty, LLCMore Info
602-692-6313

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