2601 Houghton Rd Tucson, AZ 85730

This exceptional investment opportunity presents a fee-simple ownership of a 14,375-square-foot CVS Pharmacy located at 2601 S Houghton Rd, Tucson, AZ 85730. The property sits on a 1.85-acre lot and boasts a 7.00% cap rate with a strong NOI of $440,078. The absolute NNN lease with CVS Pharmacy has a remaining term of seven years, expiring January 31, 2031, and includes two five-year renewal options at a fixed monthly rate of $32,313.98. This translates to an annual rent of $387,767.76 during the renewal periods, extending the lease to January 31, 2041. Following this, eight additional five-year renewal options are available at market rent, extending the potential lease term to 2081. The property is strategically located near major retailers including Walmart, Target, Kohl's, and Home Depot, benefiting from high traffic counts on E Golf Links Rd (27,799 CPD) and S Houghton Rd (21,043 CPD). Furthermore, its proximity to the University of Arizona and two major hospitals enhances its desirability and long-term stability. Built in 2005, this single-story building is zoned C and represents a top-performing CVS location, ranking within the top 88% of CVS units in Arizona and the top 83% nationally. This is a rare opportunity to acquire a high-performing, long-term net lease investment with significant upside potential.