LIST PRICE:
$3,318,000

TOTAL BUILDING SF:
±7,241 SF
 
FEATURED LISTING:
THE SHOPS AT LAS PLAZAS
10185 E. Old Vail Road, Tucson, AZ
INVESTMENT HIGHLIGHTS
 
Quintessential Strip Center 100% leased, ±7,241 SF, multi-tenant strip center featuring four credit tenants on new NNN leases; Wienerschnitzel, T-Mobile, F45 Training, ABC Pet Care—each tenant is either corporately owned and operated or an established multi-unit franchisee
 
NNN and Management Fees – The offering features NNN leases with the tenants reimbursing for management fees as well as the common areas being owned and maintained by an association, resulting in few landlord responsibilities—operating costs reside with the property’s tenants, not the landlord
 
Income Stability – Four brand new leases with a weighted average lease term exceeding 7 years provide income diversity, while the recent build of space allows for optimal tenant operational functionality
 
Affluent and Growing Southern Tucson Demos – Within a 5-mile radius of The Shops at Las Plazas Average Household Incomes exceed $102,700 and approximately 5,293 single family homes and villas are planned for future construction according to a recent Metrostudy
 
Price of Ownership Asset – High-quality, new construction with little to no deferred maintenance that could drain an investor’s cash flow

 
CLICK HERE TO DOWNLOAD OFFERING MEMORANDUM
 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
TRENT STEEVES
+1 949 725 8563
Lic. 01950466
trent.steeves@cbre.com 
PRESTON FETROW
+1 949 725 8538
Lic. 00923282 preston.fetrow@cbre.com 
PHILIP D. VOORHEES
+1 949 725 8521
Lic. 01252096
phil.voorhees@cbre.com

 
ARIZONA RETAIL PARTNER*
JESSE PERON*
+1 520 323 5130
Lic. SA571953000 jesse.peron@cbre.com
 
*This listing will be sold through the Arizona licensed real estate agent/broker above. All questions, comments or other communications should be directed to Jesse Peron.
 

THIS IS A MARKETING COMMUNICATION

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

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