3300 6Th AveTucson, AZ 85713

For Lease
  • Super regional malls
  • 5,566 SF

Property Details for 3300 6Th Ave

Year built
1964
Construction
STEEL FRAME
Lot size
0.48 AC
Property size (Sq ft)
5,566 SF
Property type
Super regional malls
APN
119-01-0550
APU
119010550

Description

Southgate Shopping Center offers exceptional retail opportunities in a vibrant community center. This well-established property boasts 221,770 square feet of leasable space, currently featuring a diverse tenant mix that ensures consistent foot traffic. Three spaces are immediately available, ranging from 1,026 to 3,200 square feet, providing flexibility for various business needs. The center benefits from a highly desirable C-2 zoning designation, opening doors to a wide array of commercial uses. Its strategic location provides unparalleled visibility and convenient access via Interstate-10, with a highly visible off-ramp presence. Furthermore, the property enjoys exceptional proximity to key development projects. Less than two miles away lies the Bridges master-planned community, a significant retail, entertainment, and employment hub. Within three miles is the future site of Mosaic Quarter, a premier sports and entertainment-focused lifestyle center, promising further growth and increased customer traffic. This prime location and established tenant base make Southgate Shopping Center an ideal investment for businesses seeking high visibility and strong community engagement. The existing tenant mix contributes to a consistent flow of visitors both locally and from further afield.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,098,027
    6.5%
    $1,013,563
    7%
    $941,166
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,333,980
    Geo Method
    $2,333,980
  • Alternative Use

    Use
    Valuation
    Residential
    $854,979
    Hospitality
    $783,156
    Educational
    $651,576
    Medical
    $673,985
    Retail
    $1,013,563
3300 6Th Ave, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.186
Longitude
-110.969
CBSA code
46060
CBSA name
TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,441
$52,920
$2,345
$55,265
-
$294,000
$13,030
$307,030

FAQs

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