Tucson, AZ 85714

Reading Truck

Property Address

1402 East Benson Highway, Tucson, AZ, USA

Offering Summary

  • Price: $2,850,000
  • Lot Size: 3.22 Acres
  • Cap Rate: 6.25%
  • Year Built: 1975
  • Building SF: 13,960
  • Status: In Escrow
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  • Five Years Remaining on Lease Term with Corporate Guaranty (20+ Units)
  • 2.5 Percent Rental Increases Occurring Annually
  • New Five Year Lease Extension - Significant T/I Upgrades to the Building in Process by Tenant
  • Fully Fenced and Secured Yard
  • 245,849 Residents within a Five-Mile Radius - Dense Tucson Trade Area
  • Excellent Frontage and Accessibility Along East Benson Highway, with 35,500+ Cars/Day at the Nearby Intersection of East Ajo Way and East Benson Highway
  • Situated Immediately Off the I-10 Freeway with Easy Access to the I-19 Freeway, Both Major Connectors for the State of Arizona
  • Across from Tucson Marketplace, an 850K SF Regional Super Center - Walmart, Planet Fitness, Costco, Dave & Buster's, Cinemark Theaters, and More
  • Adjacent to the Ajo Business Park and Tucson Business Park, with 329,845 Daytime Employees within Five Miles
  • Easily Accessible in a Central Location - within a 15-Minute Drive of Downtown Tucson, University of Arizona, Davis-Monthan Air Force Base, and Tucson International Airport

Broker Information