1620 Tucson Marketplace blvd - Restaurant FOR SALE


Tucson, AZ 85713
$1,695,000 USD
480-252-0226
1620 Tucson Marketplace blvd, Tucson, AZ for Sale
$1,695,000 USD
Restaurant - FOR SALE
1/2
null | 5.9% Cap Rate

1620 Tucson Marketplace blvd
Tucson, AZ 85713


OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Tropical Smoothie Cafe located at 1620 E. Tucson Marketplace Blvd, Tucson, AZ 85713. The site consists of roughly 1,698 rentable square feet of building space on an estimated 0.51-acre parcel of land. This Tropical Smoothie Cafe is subject to a 12 Years-year Triple Net (NNN) lease, which commenced 9/1/2024. The current annual rent is $100,000 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$998 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tropical Smoothie Cafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

132-13-0930

ASK ABOUT THIS PROPERTY

Jonathan EckerdNNN Pro GroupMore Info
480-252-0226

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Jonathan EckerdNNN Pro GroupMore Info
480-252-0226

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