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Desert Square
Tucson, AZ Dietz

$7,860,000 USD

General Retail For Sale  •  79,683 SF

3 Properties View all

Property Details

  • Property Type General Retail
  • Cap Rate 7.00 %
38 Transit Score
67 Walk Score

Highlights

Value-creation/ repositioning opportunity through lease-up of the approx. 35,468 square feet of vacant space; approx. 39% of total GLA.
Significantly below replacement cost; also providing an attractive land acquisition cost per square foot.
Approximately 59% of the in-place rental revenue stream has been in occupancy on/before 2018.
80% of the total square footage, representing 74% of the in-place rental revenue stream, is comprised of national and regional tenants.
Two freestanding pad buildings are inclusive in the collateral.

Financial Summary (Actual)

Net Operating Income: $549,965 USD (2026)
Cap Rate: 7.00 %

Public Transportation

Commuter RailDriveWalkDistance
15 min - 8.5 mi
AirportDriveWalkDistance
Tucson International 20 min - 10.9 mi
Aaron Bettencourt 949-271-1170 REZA Investment Group, Inc.
Aaron Bettencourt 949-271-1170 REZA Investment Group, Inc.