Cushman & Wakefield, as exclusive advisor, is pleased to present this outstanding opportunity for developers to acquire entitled multifamily and build-for-rent land in Tucson, AZ. The site (±54.35 Acres of land) fronts Oracle Road and is ±5 minutes to the Interstate 10 Freeway in Northwest Tucson. This sub-market is one of the most desirable areas in the entire Tucson market. There has not been a parcel of this size in or near the Tucson Foothills for many years. The Catalina Foothills submarket is one of
the most affluent communities in Arizona and the U.S., with the 6th highest per capita income in Arizona, and the 14th highest per capita income in the U.S. of communities with a population of at least 50,000. The Subject property has a large amount of open space, with incredible 360-degree views of the Santa Catalina Mountains. Engineering work, entitlement work, as well as pre-construction for all civil, is completed. A potential buyer can expect a shorter time frame for building permits than other sites.
Donald Arones
Cushman & Wakefield
