1971 Valencia RdTucson, AZ 85746

Property Details for 1971 Valencia Rd

Year built

2019

Construction

FRAME

Lot size

0.83 AC

Property size (Sq ft)

810 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

138-24-4180

APU

138244180

Description

This exceptional investment opportunity presents a fee-simple owned Dutch Bros Coffee shop in Tucson, Arizona. Boasting a 5.50% cap rate, this 824 square foot Class A retail property is situated at 1971 W Valencia Rd, 85746, in a high-traffic area with strong demographics. The property benefits from an absolute NNN lease with a corporate guarantee from Dutch Bros Coffee (NYSE: BROS), providing minimal management responsibilities. The 15-year lease has approximately 9.5 years remaining, ensuring long-term, stable income. Built in 2019, this built-to-suit location is a top performer, ranking in the 92nd percentile for annual visitors (734,000) according to Placer AI. The surrounding area features a dense residential corridor (23,569 housing units within 3 miles), a substantial daytime workforce (44,421 employees within 3 miles), and high daily traffic volume (48,038 cars per day on Valencia Rd). The location is also strategically positioned near major retailers, including IHOP, Culvers, CVS, and Walmart, contributing to a robust consumer retail spend of approximately $706.5 million within a 3-mile radius. Furthermore, the proximity to three elementary/middle schools (1,175 students) and Tucson International Airport (5 miles) adds to the property's appeal. The airport experienced a 10% increase in passenger count in 2023, reaching 3.75 million. This rare fee-simple ownership structure allows for advantageous building depreciation, making this a compelling investment opportunity with significant upside potential. The Net Operating Income (NOI) is $117,150. The property's 100% occupancy commenced July 1, 2019.

• CAP approach

  CAP return

  Valuation

  6%

  $159,792

  6.5%

  $147,500

  7%

  $136,965

• Comparable approach

  Method

  Valuation

  Relative Method

  $339,656

  Geo Method

  $339,656

• Alternative Use

  Use

  Valuation

  Residential

  $124,422

  Hospitality

  $113,970

  Educational

  $94,822

  Medical

  $98,083

  Retail

  $147,500

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.1333

Longitude

-111.009

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].