Peppertree Ridge is a ± 31,307 RSF mixed-use development located at the signalized intersection of Mountain Vista Rd. and Ramrod Ave., just north of Sunset Rd. in Green Valley. The property offers excellent access to the US-95 freeway via Russell Rd. and is surrounded by a variety of services, including dense multifamily housing, restaurants, industrial developments, and shopping centers.
The property presents a significant value-add opportunity, as only two tenants are currently paying triple-net leases, and most tenants are on short-term leases paying below-market rents. With this investment, you could potentially renew leases at increased rates, shift Gross Leases to Triple Net Leases, and swap out under performing tenants, which may enhance the property’s income and overall value.