For Sale
$1,640,000

6691 Thornydale RdTucson, AZ 85741

High-yield retail property, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional retail property, located at 6691 N Thornydale Rd, Tucson, AZ 85741, presents a compelling investment opportunity. The 5,244 square foot building sits on a 23,958 square foot lot and boasts a strong 7.00% cap rate, generating a net operating income (NOI) of $114,928. Currently operating under a 10-year NNN lease, the property offers exceptional stability with 100% occupancy. Built in 1986, the building features 23 deeded parking spaces (a 4:1,000 ratio). The property is zoned Heavy Industrial (HI) by the Town of Marna, providing flexibility for future use. Utilities include electricity from TEP, water/sewer from the Tucson Water Department, natural gas from SWG, and telephone/cable from COX. The asking price is $1,640,000, translating to a price per square foot of $313. The property's strong cash flow, desirable location, and flexible zoning make it an ideal addition to any investment portfolio. The APN is 101-05-070A. This is a rare opportunity to acquire a high-performing retail asset in a thriving market.

Highlights

  • Heavy Industrial (HI) zoning, Town of Marna.
  • 23 deeded parking spaces (4:1,000 ratio).
  • Built in 1986.
  • 100% occupancy.
  • Utilities: Electricity (TEP), Water/Sewer (Tucson Water Department), Natural Gas (SWG), Telephone/Cable (COX).

Property Details for 6691 Thornydale Rd

Property type
Retail properties
Square Feet
5,244 SF
Year Built
1986

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.3283141
Longitude
-111.0468906
6691 Thornydale Rd, Tucson, Arizona

FAQs

What type of property is this?
Retail property - High-yield retail property, 100% occupied.
Where is the retail property located?
The property is located at 6691 Thornydale Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $1,640,000.
What are key features of this property?
This property features: Heavy Industrial (HI) zoning, Town of Marna.; 23 deeded parking spaces (4:1,000 ratio).; Built in 1986.
How can I contact the broker?
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6691 Thornydale Rd
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