3754 S 16TH Avenue Tucson, AZ 85713

kg@aziquehomes.com +1(480) 320-9207

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Katrina Golikova

$ 3,775,000

Est. payment | -/mo

2.29 Acres Lot

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$ 3,775,000

Est. payment | -/mo

Save

2.29 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Santa Cruz Plaza

MLS Listing ID 6832739

Year Built 1986

Annual Tax Amount $19,229

Tax Year 2024

Lot Size 2.290 Acres

Acres 2.29

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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 $3,995,000 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 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 $3,995,000 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.

Disclaimer: All potential buyers are encouraged to verify all details and conduct their own due diligence.

Captivating Investment Opportunity Near Air Force Base and Prime Freeway Access

Discover an unparalleled investment opportunity nestled in the heart of zip code 85713, where strategic location meets a thriving community. This area offers exceptional rental potential, enhanced by its proximity to key amenities that ensure long-term investment value and tenant satisfaction.

Area Highlights:

Proximity to Davis-Monthan Air Force Base: Located just moments from Davis-Monthan Air Force Base, this area benefits from the consistent demand for housing created by the military community. The base's presence guarantees a steady flow of tenants, offering a reliable rental market for property owners.

Convenient Freeway Access: With easy access to major freeways, including Interstate 10 and Highway 19, residents enjoy quick and convenient commutes throughout Tucson. This prime location connects tenants to key employment centers, shopping, dining, and recreational options, making it an ideal spot for both working professionals and families.

Thriving Employment Base: Zip code 85713 is home to a diverse range of industries, including healthcare, education, and technology. The area's strong employment base ensures a stable and growing community, with a variety of job opportunities within close reach. This contributes to a consistent demand for quality housing and enhances the area's overall appeal.

Local Amenities: Residents enjoy a range of amenities, including schools, parks, and local businesses, contributing to a well-rounded lifestyle. The area continues to see growth and development, further enhancing its desirability as a place to live and invest.

Location

State AZ

County Pinal

Community Santa Cruz Plaza

Zoning TBD

Interior

Heating Heat Pump, 2 or More Units

Cooling Heat Pump

Flooring Carpet, Concrete

Exterior

Parking Features Parking Lot, Paved, Free

Fence Chain Link

Roof Type Foam

Private Pool No

Building

Dwelling Type Other (See Remarks),Commercial

Sewer Public Sewer

Water City Franchise, Master Meter

New Construction No

Others

Senior Community No

Tax ID 119-18-093-A

Disclosures Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop

Listed by Gerchick Real Estate

MORE INFORMATION ON THIS PROPERTY

Katrina Golikova

Real Estate Consultant | License ID: SA696603000

+1(480) 320-9207

kg@aziquehomes.com

www.AZiqueHomes.com

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