Tucson AZ - Heinfeld Meech
$2,802,000
10120 N. Oracle Road, Oro Valley, AZ 85704
7
Cap Rate
196,170
NOI
Details:
Description:
Net Lease – Tenant pays all property expenses direct, Landlord responsible for structure/exterior walls
3% Annual Rent Increases – excellent hedge against inflation
Tenant has operated at the site for approximately 20 years and has renewed its lease twice, demonstrating its commitment to this location
Affluent Tucson submarket with high average household incomes over $138,000 in a 5-mile radius
Located off North Oracle Road, a major thoroughfare through the Tucson area with 46,000 cars passing the property each day
Dense Surrounding Population – more than 249,000 residents within 5 miles
Adjacent to El Conquistador Resort – a 482,000 square foot Hilton Resort, Golf Course and Spa on 181 acres
1.5 miles north of Canyon Del Oro High School (~1,700 students)
12 miles north of Downtown Tucson
Location

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