Tropical Smoothie Cafe
Tucson, AZ
Key Details
| Price: | $1,695,000 |
|---|---|
| Cap Rate: | 5.90% |
| Annual Rent: | $100,000 |
| Address: | 1620 East Tucson Marketplace Boulevard, Tucson, Arizona 85713 |
| Property Type: | Retail |
Property Data
| Original Lease Term: | 12 Years |
|---|---|
| Lease Commencement: | 9/1/2024 |
| Lease Expiration: | 8/31/2036 |
| Lease Term Remaining: | 11.6 Years |
| Lot Size: | 0.00 Acres |
| Building Size: | 1,698 SF |
| Year Built: | 2024 |
NNN Pro is pleased to present the exclusive listing for a Tropical Smoothie
Cafe located at 1620 E. Tucson Marketplace Blvd, Tucson, AZ 85713. The
site consists of roughly 1,698 rentable square feet of building space on an
estimated 0.51-acre parcel of land. This Tropical Smoothie Cafe is subject to
a 12 Years-year Triple Net (NNN) lease, which commenced 9/1/2024. The
current annual rent is $100,000 and has scheduled increases of 10.00%
Every 5 Years.
Key Details
| Price: | $1,695,000 |
|---|---|
| Cap Rate: | 5.90% |
| Annual Rent: | $100,000 |
| Address: | 1620 East Tucson Marketplace Boulevard, Tucson, Arizona 85713 |
| Property Type: | Retail |
Property Data
| Original Lease Term: | 12 Years |
|---|---|
| Lease Commencement: | 9/1/2024 |
| Lease Expiration: | 8/31/2036 |
| Lease Term Remaining: | 11.6 Years |
| Lot Size: | 0.00 Acres |
| Building Size: | 1,698 SF |
| Year Built: | 2024 |
Talk to the Pros
Jonathan Eckerd
jeckerd@nnnpro.com
License: AZ: SA663487000
Ken Johnson
kjohnson@nnnpro.com
License:
Broker of Record
Thomas Jonsson
NNN Properties - Arizona
License: BR695596000
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.