7040 E Broadway Blvd | Tucson, AZ 85710
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- LoopNet Team
7040 E Broadway Blvd
Tucson, AZ 85710
Tropical Smoothie Cafe - 6% CAP Rate · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Acquire the fee simple interest in an absolute net leased, personal guaranteed Tropical Smoothie Café at 7040 E Broadway Boulevard in Tucson, AZ.
- New 12-year absolute NNN lease with two options to extend and 10% increases every 5 years and at the beginning of each option period.
- Tropical Smoothie Café serves nutritious food and smoothies at over 1,235 locations in the US, with plans to open 2,000 restaurants by 2024.
- Part of a mixed-use project, 7040 E Broadway Boulevard, is a brand new 1,6000-square-foot freestanding drive-thru restaurant.
- Benefit from tremendous traffic counts, a monument sign, and excellent ingress/egress from Broadway Boulevard and Kolb Road with full circulation.
- This suburban Tucson locale showcases a population of 240,811 with an average household income of $86,849 within a five-mile radius of the property.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,626 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.56 AC
Zoning
C-2 - C2 - Commercial district predominantly residential in character
Parking
9 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
74’ on East Broadway Boulevard
AMENITIES
- Restaurant
- Drive Thru
PROPERTY TAXES
| Parcel Number | 134-21-0040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $107,274 |
PROPERTY TAXES
Parcel Number
134-21-0040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$107,274
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