This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

942 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

CORTARO CROSSING 7730 N Cortaro Rd

7,785 SF 100% Leased Retail Building Tucson, AZ 85743 £1,531,584 (£197/SF) 6.80% Net Initial Yield

Investment Highlights

  • All Leases are on a Triple-Net Basis, making the property less management intensive.
  • Subject property benefits from excellent demographics with 38,000 residents in a 3-mile radius and an average household income of $130,000.
  • Annual consumer spend of $611M in a 3-mile radius.
  • Long term tenants. All Tenants have occupied the property for over 10 years with several extensions showing a long-term commitment to the location.
  • Cortaro Crossing is located in a densly populated residential corridor with over 15,000 homes within a 3-mile radius providing consistent visitors.
  • Property is adjacent to major retailers such as Fry’s Food and Drug (Kroger), Auto Zone, Walgreens, CVS, Ace Hardware, and Walmart.

Executive Summary

Broker of Record
Simon Assaf
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,785 SF
Building Class
C
Year Built
2007
Price
£1,531,584
Price Per SF
£197
Net Initial Yield
6.80%
NOI
£104,148
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.20
Lot Size
0.90 AC
Zoning
SP, Marana - intended to provide for planned development in areas outside existing communities
Parking
39 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
87 ft on Cortaro

Amenities

  • Bus Route
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Links

1 of 1

Nearby Major Retailers

Fry’s Food Stores
Chase Bank
Bank of America
LA Fitness
Chili's Grill & Bar
StretchLab
Starbucks
Cracker Barrel Old Country Store
Texas Roadhouse
IHOP

PROPERTY TAXES

Parcel Number 226-30-002S Improvements Assessment £0
Land Assessment £0 Total Assessment £153,842

PROPERTY TAXES

Parcel Number
226-30-002S
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£153,842
(866) 889-0550

Contacts

  • Listing ID: 33745484

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 7730 N Cortaro Rd, Tucson, AZ 85743

The Retail Property at 7730 N Cortaro Rd, Tucson, AZ 85743 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Nearby Listings

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
7730 N Cortaro Rd, Tucson, AZ for sale Building Photo- Image 1 of 4
Building Photo
7730 N Cortaro Rd, Tucson, AZ for sale Building Photo- Image 2 of 4
Building Photo
7730 N Cortaro Rd, Tucson, AZ for sale Building Photo- Image 3 of 4
Building Photo

1 of 1

Connect with us

© 2024 CoStar Group

CORTARO CROSSING | 7730 N Cortaro Rd
(866) 889-0550 x

CORTARO CROSSING | 7730 N Cortaro Rd

1/2

Joshua Jenkins

(866) 889-0550

(866) 889-0550

Alex DeSoto

(602) 898-8499

(602) 898-8499

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link