About the Listing gerc01 - lg056

Prime Retail Property with Established Tenant Discover a lucrative investment opportunity at 3754 S 16th Ave, Tucson, AZ 85713. Priced at $3,775,000 with a solid NNN leased 6% cap rate, this property offers stability and growth potential in the heart of Tucson. Key Features: Tenant Stability: The retail space is leased to a longstanding tenant with 35 years of business history, ensuring reliable rental income. Size and Flexibility: Spanning 30,000 square feet, the property includes ample space for retail operations and future growth. Owner-Occupier Potential: Investors have the option to owner-occupy, leveraging the property's strategic location and functional layout. Convenient Location: Situated within a bustling shopping center, the property boasts nearly unlimited asphalt Investment Opportunity in Tucson, AZ Prime Retail Property with Established Tenant Discover a lucrative investment opportunity at 3754 S 16th Ave, Tucson, AZ 85713. Priced at $3,775,000 with a solid NNN leased 6% cap rate, this property offers stability and growth potential in the heart of Tucson. Key Features: Tenant Stability: The retail space is leased to a longstanding tenant with 35 years of business history, ensuring reliable rental income. Size and Flexibility: Spanning 30,000 square feet, the property includes ample space for retail operations and future growth. Owner-Occupier Potential: Investors have the option to owner-occupy, leveraging the property's strategic location and functional layout. Convenient Location: Situated within a bustling shopping center, the property boasts nearly unlimited asphalt parking, enhancing customer accessibility and convenience. Modern Infrastructure: Interior features include updated restrooms, efficient HVAC systems, a well-equipped storefront, and convenient loading docks, catering to diverse retail needs. Investment Highlights: NNN Lease: Enjoy the benefits of a NNN lease structure, where the tenant covers property taxes, insurance, and maintenance costs, minimizing landlord responsibilities. Stable Income: Benefit from a secure income stream backed by a reputable tenant in a thriving retail environment. Strategic Potential: With potential for owner-occupation, investors can capitalize on both rental income and operational flexibility. Community Connectivity: Located in a vibrant commercial area, the property offers high visibility and accessibility, driving foot traffic and enhancing retail potential. Ideal for Investors Seeking: Long-Term Value: With a strong tenant history and favorable lease terms, this property promises enduring value and income stability. Expansion Opportunities: Expand your portfolio in Tucson's dynamic retail market, leveraging the property's prime location and tenant credibility. Diverse Investment Strategies: Whether seeking passive income or an owner-operated retail space, this property accommodates various investment goals. Don't miss out on this exceptional retail investment opportunity in Tucson.

Listing Highlights