8693 N Silverbell Rd - Retail FOR SALE


Tucson, AZ 85743
$5,422,000 USD
602-206-0784
8693 N Silverbell Rd, Tucson, AZ for Sale
$5,422,000 USD
Retail - FOR SALE
1/4
null | 6.85% Cap Rate

8693 N Silverbell Rd
Tucson, AZ 85743


OVERVIEW

- ???????20-year absolute triple-net lease with zero landlord responsibilities. Ideal for an investor seeking passive cash-flow. - Founded in 2002 by the Weismann Family, the founders of Tutor Time, The Learning Experience has grown exponentially to over 670 centers open or under development (Source: The Learning Experience). - Entrepreneur Magazine labeled The Learning Experience the #1 Education Franchise. - This location is at 72% capacity and expected to reach max capacity within the next month or so. - Marana has been the fastest-growing community in Southern Arizona and the third-fastest-growing community in the state over the past several years (Source: AZ Commerce Authority). - Marana is on track to permit ±1,000 new single-family homes and is currently developing nearly 1,800 multi-family units with another ±500 in the planning stages (Source: Tucson Local Media). - There is a brand new ±200-unit family-oriented apartment project adjacent to the Property that features 2, 3 and 4-bedroom units (Source: Dominium Apartments).  - The Property has excellent visibility and frontage on N Silverbell Rd (±17,716 VPD), the main thoroughfare of the community (Source: ADOT, 2024).              - This location boasts a healthy average household income of $131,577 in a 3-mile radius (Source: Esri).  - The Property is in the center of the community near 4 schools, ±4 minutes south of a Safeway grocery anchored shopping center and ±6 minutes north of a Fry’s grocery anchored shopping center.

FOR SALE DETAILS

PRICE

$5,422,000 USD

PRICE/SF

$599 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

226-22-6140

ASK ABOUT THIS PROPERTY

Ben FarthingCBREMore Info
602-206-0784

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Ben FarthingCBREMore Info
602-206-0784

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