565 Wetmore RdTucson, AZ 85705

Property Details for 565 Wetmore Rd

Year built

1991

Construction

FRAME

Lot size

0.72 AC

Property size (Sq ft)

4,366 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

105-10-2450

APU

105102450

Description

This Class A, 273,412 square foot retail strip center in Tucson, AZ, offers multiple suites ranging from 2,167 to 18,000 contiguous square feet. Located at 565 E Wetmore Rd, 85705, this five-building, single-story property sits on a 1,245,816 square foot lot and boasts 22,827 square feet of vacant space. Built in 1989 and renovated in 2005, the center features ample parking (5.72 spaces per 1,000 square feet) and is zoned C-3. Its strategic location near the Tucson Mall, a major regional shopping destination anchored by Dillard's, Macy's, Sears, and JCPenney, provides exceptional visibility and access to a high volume of shoppers. Nearby prominent retailers include Best Buy, Walmart, Office Max, Petco, Babies "R" Us, Cost Plus, Jo-Ann Fabrics, Michaels, Office Depot, Pier 1 Imports, Ross Stores, Target, Lowe's, Sports Authority, Stein Mart, Home Depot, and Toys "R" Us. This property presents a unique opportunity for businesses seeking high-traffic retail space in a thriving commercial area of Pima County. The property consists of three suites within five buildings.

• CAP approach

  CAP return

  Valuation

  6%

  $1,111,113

  6.5%

  $1,025,643

  7%

  $952,383

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,830,786

  Geo Method

  $1,830,786

• Alternative Use

  Use

  Valuation

  Residential

  $865,168

  Hospitality

  $792,490

  Educational

  $659,342

  Medical

  $682,018

  Retail

  $1,025,643

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.287

Longitude

-110.964

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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