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Tropical Smoothie Cafe 7040 E Broadway Blvd

1,600 SF Retail Building Tucson, AZ 85710 £1,658,659 (£1,037/SF) 6% Net Initial Yield

Investment Highlights

  • Brand New Construction
  • Oustanding Traffic Counts
  • Highly Visible Location

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Tropical Smoothie Cafe located at 7040 E. Broadway Blvd, Tucson, AZ 85710. The site consists of roughly 1,600 rentable square feet of building space on an estimated 0.56-acre parcel of land. This Tropical Smoothie Cafe is subject to a 12-year Triple Net (NNN)lease, which commenced 1/19/2024. The current annual rent is $125,000 and has scheduled increases of 10.00% Every 5 Years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,600 SF
Building Class
B
Year Built
2023
Price
£1,658,659
Price Per SF
£1,037
Net Initial Yield
6%
NOI
£99,440
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.56 AC
Zoning
C-2
Parking
9 Spaces
Frontage
74 ft on East Broadway Boulevard

Amenities

  • Restaurant
  • Drive Thru
Bike Score ®
Very Bikeable (81)
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.®

Nearby Major Retailers

Natural Grocers
Jazzercise
Freddy's Frozen Custard & Steakburgers
Starbucks
Hooters
Texas Roadhouse
Hawaiian Bros Island Grill
Dutch Bros
Ymca
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
134-21-0040
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£22,664
  • Listing ID: 34213389

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 7040 E Broadway Blvd, Tucson, AZ 85710

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