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Take 5 Oil Change | New 15yr Abs NNN 3201 Park Ave 1,412 SF Retail Building Tucson, AZ 85713 $2,816,000 ($1,994.33/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease | Franchisee Guaranteed | 10% Rental Increases | Brand New Construction
- Part of The Bridges, 350-acre Mixed-Use Development
- Strong Demographics | Expanding South Tucson Market
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Dominant Retail Trade Area | National Retailers & Consumer Draws
EXECUTIVE SUMMARY
SRS Real Estate Partners–West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Take 5 Oil Change investment property located at 3201 S. Park Avenue, Tucson, Arizona. The tenant, T5 Tucson Park AZ 050, LLC (25+ Units), will reset the term with a fresh, 15-year term with 10% rental increases every 5 years throughout the initial term and option periods at the close of escrow. The lease will be absolute NNN, requiring zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,412 SF
Building Class
B
Year Built
2025
Price
$2,816,000
Price Per SF
$1,994.33
Cap Rate
6%
NOI
$168,953
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.70 AC
Opportunity Zone
Yes
Zoning
PAD-15 - Planned Area Development
Parking
6 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
247’ on Park Ave
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Take 5 Oil Change
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Take 5 Oil Change | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 132-13-088A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $95,597 |
PROPERTY TAXES
Parcel Number
132-13-088A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$95,597
CONTACTS
-
Calvin Short -
Matt Coates -
Aron Cline -
Gary Chou -
Ed Beeh -
SRS National Net Lease
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Take 5 Oil Change | New 15yr Abs NNN | 3201 Park Ave
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