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Shake Shack Anchored 3 Tenant NNN 3105 N Campbell Ave 8,367 SF 100% Leased Retail Building Tucson, AZ 85719 $7,154,333 ($855.07/SF) 6% Cap Rate



Investment Highlights
- 100% Leased - All Brand New 10-Year NNN Leases with Rental Increases and Multiple Renewal Options
- Densely-Populated Tucson Trade Area - 265,906 Residents within a 5-Mile Radius
- Shake Shack and Paris Baguette are Established Restaurant Brands with Locations Worldwide
- New High-Quality 2026 Construction
- Excellent Frontage Along North Campbell Avenue, Accessible by ±56,600 Cars per Day at the Corner of Campbell Avenue and Fort Lowell Road
- Reformed Pilates Operates 23 Locations Throughout Arizona and Texas
Executive Summary
Marcus & Millichap is pleased to present for sale Shake Shack Anchored 3 Tenant NNN in Tucson, AZ. The property is 100 percent leased by Shake Shack, Reformed Pilates, and Paris Baguette.
Tucson is the second-largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents.
Tucson is the second-largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business. Over the next five years, the metro is projected to add roughly 37,000 new residents.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,367 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$7,154,333
Price Per SF
$855.07
Cap Rate
6%
NOI
$429,260
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.83 AC
Amenities
- Restaurant
- Signage
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 113-07-118C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $133,186 |
Property Taxes
Parcel Number
113-07-118C
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$133,186
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