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MATTRESS FIRM | CORPORATE ABSOLUTE NNN LEASE 7201 N Oracle Rd 3,500 SF Retail Building Tucson, AZ 85704 $2,940,000 ($840/SF) 5.50% Cap Rate
Investment Highlights
- Absolute NNN lease; landlord has no responsibilites
- Mattress Firm has approximately 2,400 stores across the U.S.
- Hard corner location with excellent visibility from both Oracle and Ina roads
- Corporate guaranteed 10-year lease, with 6 years remaining on primary term
- Excellent 10% rent increases every 5 years
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,500 SF
Building Class
B
Year Built
2015
Price
$2,940,000
Price Per SF
$840
Cap Rate
5.50%
NOI
$161,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.40 AC
Zoning
CB1 - Commercial
Frontage
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 225-51-2230 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $97,515 |
Property Taxes
Parcel Number
225-51-2230
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$97,515
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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MATTRESS FIRM | CORPORATE ABSOLUTE NNN LEASE | 7201 N Oracle Rd
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