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New High Profile Shops for Lease, Tucson 2415 N Alvernon Way 1,200 - 9,100 SF of Retail Space Available in Tucson, AZ 85712
Highlights
- New multi-tenant shops fronting high traffic Grant Road (36,622 AADT)
- Prime visibility with three points of ingress/egress
- Ideal for QSR, coffee, retail, beauty, medical, or boutique business
- Hard corner locations at Grant & Alvernon (combined ±62,500 AADT)
- Strong daytime population + dense surrounding neighborhoods
- High parking ratio with new site circulation plan
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-9,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This former Walgreens location at 2415 N Alvernon Way presents an outstanding redevelopment or leasing opportunity in one of Tucson’s most high-profile retail corridors. Positioned at the signalized intersection of Grant Road and Alvernon Way, the property benefits from exceptional visibility with over 62,000 combined daily traffic counts. The surrounding area features dense residential neighborhoods, robust daytime population, and excellent connectivity to Central Tucson, making it a highly desirable destination for retailers, service providers, and food operators.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Located in an Opportunity Zone
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Property Facts
| Total Space Available | 9,100 SF | Gross Leasable Area | 13,650 SF |
| Min. Divisible | 1,200 SF | Year Built | 2003 |
| Property Type | Retail | Parking Ratio | 4.35/1,000 SF |
| Property Subtype | Department Store |
| Total Space Available | 9,100 SF |
| Min. Divisible | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 13,650 SF |
| Year Built | 2003 |
| Parking Ratio | 4.35/1,000 SF |
About the Property
This former Walgreens location at 2415 N Alvernon Way presents an outstanding redevelopment or leasing opportunity in one of Tucson’s most high-profile retail corridors. Positioned at the signalized intersection of Grant Road and Alvernon Way, the property benefits from exceptional visibility with over 62,000 combined daily traffic counts. The surrounding area features dense residential neighborhoods, robust daytime population, and excellent connectivity to Central Tucson, making it a highly desirable destination for retailers, service providers, and food operators.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Contact the Leasing Agent
New High Profile Shops for Lease, Tucson | 2415 N Alvernon Way