3300 6Th AveTucson, AZ 85713
- 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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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