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Desert Drifter 10335 N La Canada Dr 2,500 SF Retail Building Oro Valley, AZ 85737 $2,087,000 ($834.80/SF) 5.75% Cap Rate
Investment Highlights
- Brand-New 2025 Construction
- Strong Rental Growth Profile
- Affluent Oro Valley Demographics
- Long-Term Absolute NNN Lease Structure
- Personal | Corporate Guaranteed Lease
- Premier Retail Corridor Location
Executive Summary
Surmount is pleased to present the exclusive listing for a Desert Drifter located at 10335 North La Cañada Drive, Oro Valley, AZ 85737. The site consists of roughly 1,600 rentable square feet of building space on an estimated .76-acre parcel of land. Desert Drifter is subject to a 15-year Triple Net (NNN) lease, which commenced 12/18/2024. The current annual rent is $120,000 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
2,500 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$2,087,000
Price Per SF
$834.80
Cap Rate
5.75%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.81 AC
Amenities
- Drive Thru
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 224-39-001D | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $43,115 |
Property Taxes
Parcel Number
224-39-001D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$43,115
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Desert Drifter | 10335 N La Canada Dr
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