Tucson, AZ - Take 5 Oil Change (E 22nd St)

Description:

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 3995 E. 22nd Street, Tucson, Arizona. The tenant will sign a brand-new, 15-year NNN lease 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.

The Take 5 Oil Change is located along E 22nd Street, a major east–west arterial serving the City of Tucson, with approximately 38,300 vehicles per day, near the signalized intersection of S Alvernon Way, which carries an additional 30,900 VPD. E 22nd Street functions as a primary retail corridor connecting dense residential neighborhoods with major employment and retail nodes throughout central and east Tucson. The subject property is situated near several dominant retail centers including El Con Center, Wilmot Plaza, Park Place Mall, Broadway Crossing, and Swanway Plaza, which are anchored by a strong lineup of national and credit tenants such as Walmart, Target, Ross Dress for Less, Burlington, TJ Maxx, Dick’s Sporting Goods, Best Buy, Sprouts, Trader Joe’s, and Home Depot. The property is further supported by nearby healthcare and institutional drivers including Banner–University Medical Center Tucson, Carondelet St. Joseph’s Hospital, and multiple public schools. The surrounding trade area is characterized by dense residential development, strong commuter traffic, and consistent daily-needs demand. The 5-mile trade area is supported by a population of approximately 286,000 residents with an average household income of roughly $75,000, providing a stable and growing customer base for the subject property.

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Listing ID: a28TP000002KPM5YAO