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Investment Highlights
- Subject Property Consists of Shops A (6,091 SF), Shops B (14,179 SF) & Free-Standing Heartland Dental Outparcel (4,200 SF)
- 100% Leased Neighborhood Shopping Center Anchored by Fry’s Marketplace with Fueling Station – Co-Tenants: McDonald’s, Chipotle, Pima Federal CU
- Within 1,340 Acre Gladden Farms Master Planned Community – Booming Residential Development – 3,000 Homes Delivered w/ 3,800 Additional Homes Approved
- Brand New 2025 Construction with 9.5 Years of WALT (14 Tenants) – Desirable Mix of National & Credit Tenancy – Stable Cash Flow
- Located in Rapidly Expanding Northwest Tucson Retail Corridor – Low 2.7% Retail Vacancy Rate (source: Co-Star)
Executive Summary
Gladden Farms Shopping Center is a newly constructed, Class A grocery-anchored retail center located in Marana, AZ, within the rapidly growing Tucson MSA. Delivered in 2025, the property totals 24,470 square feet across Shops A and B with an additional 4,200-square-foot outparcel. The center is anchored by a high-volume Fry’s Marketplace with pharmacy and fueling station (NAP), ensuring consistent customer traffic. The development is situated on 5.03 acres at the NEC of N Tangerine Road and N Lon Adams Road, offering strong visibility and access with daily traffic counts exceeding 88,000 vehicles.
The shopping center is 100% leased to a mix of national and regional tenants including Heartland Dental, Black Rock Coffee, Thai Chili 2 Go, Tropical Smoothie Café, Fat Dogs, Domino’s Pizza, Verizon, The UPS Store, Jersey Mike’s, Supercuts, Peachwave, My Dr Now, Classic & Fancy Nails, and Eden’s Echo Farmstead. Heartland Dental occupies the outparcel under a long-term corporate-guaranteed lease, further enhancing income stability. Co-tenancy is bolstered by nearby national brands such as McDonald’s, Chipotle, and Pima Federal Credit Union, making Gladden Farms a key retail destination within the community.
The shopping center is 100% leased to a mix of national and regional tenants including Heartland Dental, Black Rock Coffee, Thai Chili 2 Go, Tropical Smoothie Café, Fat Dogs, Domino’s Pizza, Verizon, The UPS Store, Jersey Mike’s, Supercuts, Peachwave, My Dr Now, Classic & Fancy Nails, and Eden’s Echo Farmstead. Heartland Dental occupies the outparcel under a long-term corporate-guaranteed lease, further enhancing income stability. Co-tenancy is bolstered by nearby national brands such as McDonald’s, Chipotle, and Pima Federal Credit Union, making Gladden Farms a key retail destination within the community.
Property Facts
| Price | $17,990,000 | Status | Active |
| Price / SF | $543.59 / SF | Number of Properties | 3 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 5.85% | Total Building Size | 33,095 SF |
| Sale Type | Investment | Total Land Area | 2.31 AC |
| Price | $17,990,000 |
| Price / SF | $543.59 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 5.85% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 33,095 SF |
| Total Land Area | 2.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Shops B
12114 N Tangerine Farms Rd, Marana, AZ 85653 |
Retail | 20,433 SF | 2025 | - |
|
Shops C
11360 W Tangerine Rd, Marana, AZ 85653 |
Retail | 6,572 SF | 2025 | - |
|
Shops A
11370 W Tangerine Rd, Marana, AZ 85653 |
Retail | 6,090 SF | 2025 | - |
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