7401 22Nd StTucson, AZ 85710

Property Details for 7401 22Nd St

Year built

1988

Construction

FRAME

Lot size

3.56 AC

Property size (Sq ft)

24,000 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

134-16-1990

APU

134161990

Description

Plaza 22 presents a prime retail leasing opportunity in East Tucson. This established neighborhood center comprises three single-story buildings totaling 26,536 square feet situated on a 3.56-acre lot. Currently, 10,710 square feet of retail space is available for lease, with minimum divisible units of 1,200 square feet and a maximum contiguous space of 6,830 square feet. The property is zoned C-1 and benefits from a high-traffic location within a densely populated trade area. Its prominent position on 22nd Street, a major east-west arterial, ensures excellent visibility from a signalized intersection. Ample parking is readily available, providing convenient access for customers and employees. The strong daytime employment base in the immediate vicinity further enhances the property's appeal to prospective tenants. This makes Plaza 22 an ideal location for businesses seeking high visibility and convenient access in a thriving commercial area. The property's multiple building configuration offers flexibility for various retail concepts and sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $3,495,684

  6.5%

  $3,226,785

  7%

  $2,996,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,063,872

  Geo Method

  $10,063,872

• Alternative Use

  Use

  Valuation

  Residential

  $2,721,914

  Hospitality

  $2,493,258

  Educational

  $2,074,362

  Medical

  $2,145,702

  Retail

  $3,226,785

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2071

Longitude

-110.834

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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