Tropical Smoothie Cafe | 7040 E Broadway Blvd
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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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 134-21-0040 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £22,664 |
PROPERTY TAXES
Parcel Number
134-21-0040
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£22,664
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Tropical Smoothie Cafe | 7040 E Broadway Blvd
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