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Tropical Smoothie Cafe 1620 Tucson Marketplace blvd

1,698 SF Retail Building Tucson, AZ 85713 £1,352,101 (£796/SF) 5.90% Net Initial Yield

Executive Summary

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.

Property Facts In Escrow

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,698 SF
Building Class
B
Year Built
2024
Price
£1,352,101
Price Per SF
£796
Net Initial Yield
5.90%
NOI
£79,770
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.51 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
7 Spaces
Frontage
150 ft on East Tucson Marketplace B
1 of 1
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Starbucks
Salad and Go
MOD Pizza
First Watch
Dutch Bros. Coffee
Planet Fitness
Rudy's Bbq
Krispy Krunchy Chicken

PROPERTY TAXES

Parcel Number 132-13-1420 Improvements Assessment £0
Land Assessment £0 Total Assessment £6,856

PROPERTY TAXES

Parcel Number
132-13-1420
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£6,856
(480) 252-0226

Contacts

  • Listing ID: 32571083

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 1620 Tucson Marketplace blvd, Tucson, AZ 85713

The Retail Property at 1620 Tucson Marketplace blvd, Tucson, AZ 85713 is currently available for sale. Contact NNN Pro Group for more information.

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Connect with us

© 2024 CoStar Group

Tropical Smoothie Cafe | 1620 Tucson Marketplace blvd
(480) 252-0226 x

Tropical Smoothie Cafe | 1620 Tucson Marketplace blvd

1/3

Jonathan Eckerd

(480) 252-0226

(480) 252-0226

Ken Johnson

(480) 339-4338

(480) 339-4338

Thomas Jonsson

(310) 966-0122

(310) 966-0122

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