$3,775,000
Tucson, AZ 85713
MLS# 6960844
Property Description
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
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $3,775,000
List Price: $3,775,000
Status: Active
List Date: 2025-12-25
Location, Tax & Legal
Assessor's Map #: 18
Legal Description (Abbrev): LOT 00014 SANTA CRUZ PLAZA MCR 37043
Assessor's Parcel #: 93
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Pinal - COUNTY
Census Tract: 2501
Taxes: 19229
Legal: LOT 00014 SANTA CRUZ PLAZA MCR 37043
House Number: 3754
Compass: S
Street Name: 16TH
St Suffix: Avenue
City/Town Code: Tucson
State/Province: AZ
Zip Code: 85713
Zip4: 6081
County Code: Pinal
Subdivision: SANTA CRUZ PLAZA
Assessor Number: 119-18-093-A
Tax Year: 2024
General Property Description
Type of Property: Retail
Ttl Apx SqFt Bldg: 24990
# of Buildings: 1
Uncvrd Parking Spcs: 50
Year Built: 1986
Zoning: TBD
Currently Not Used
Sold Price Per SqFt: 151.06
Legal Info
Range: 13
Section: 26
Township: 14
Lot Number: 00014
Construction
Block: 1
Stucco: 1
Wood Frame: 1
Roofing
Foam: 1
Floors
Concrete: 1
Carpet: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 240000
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Service Business: 1
Retail: 1
See Remarks: 1
Pmt & Rate Info
Equity: 3775000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
None: 1
Ceiling Height
16.1 Feet to 28 Feet: 1
Heating
Heat Pump: 1
2 or More Units: 1
Cooling
Heat Pump: 1
Interior Features
Finished: 1
Smoke Detector(s): 1
Security Light(s): 1
Loading Facilities
Truck Well: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Landscaping: 1
Storage Yard: 1
Curb(s) & Gutter(s): 1
Building Sign: 1
Sidewalk(s): 1
Security Light(s): 1
Security Camera(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
75,001 to 100,000: 1
Fencing
Chain Link: 1
Water Source
City Franchise: 1
Master Meter: 1
Freeway/Highway
Up to 1 Mile: 1
Building Features
Conference Room: 1
Showroom: 1
Other (See Remarks): 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Electric
APS: 1
Master Meter: 1
220 Volts: 1
Gas
None: 1
New Financing
Cash Only: 1
Sale/Leaseback: 1
Use Restrictions
CC&R's: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
APOD/Backup Avaible: 1
Sch of Personal Prop: 1
Environmental
None: 1
Remarks Misc
Geo Lat: 32.178527
Geo Lon: -110.983879
Income Expenses
Gross Annual Sch Inc: 240000
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Service Business; Retail; See Remarks
Construction: Block; Stucco; Wood Frame
Roofing: Foam
Floors: Concrete; Carpet
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Heat Pump; 2 or More Units
Cooling: Heat Pump
Loading Facilities: Truck Well
Interior Features: Finished; Smoke Detector(s); Security Light(s)
Exterior: Corner Lot; Landscaping; Storage Yard; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Security Light(s); Security Camera(s)
Fencing: Chain Link
Building Features: Conference Room; Showroom; Other (See Remarks)
Parking Features: Free; Parking Lot; Paved
Road Access Type: Alley
Electric: APS; Master Meter; 220 Volts
Gas: None
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
New Financing: Cash Only; Sale/Leaseback
Lockbox Type: See Private Remarks; None
Source of Fincl Data: Owner
Road Surface Type: Asphalt
Traffic Count: 75,001 to 100,000
Use Restrictions: CC&R's
Environmental: None
Supplements
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 Office: Gerchick Real Estate
Last Updated: December - 25 - 2025
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