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Marana (Tucson), AZ 85658

Wells Fargo @ The Ritz Carlton Dove Mountain Entrance

Property Address

12140 North Dove Mountain Boulevard, Marana, AZ, USA

Offering Summary

  • Price: $2,033,000
  • Lot Size: .71 Acres
  • Cap Rate: 5.50%
  • Year Built: 2006
  • Building SF: 4,692
  • Status: Available
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  • Absolute Triple-Net (NNN) Ground Lease with 7+ Years Remaining on Term
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options - Next Increase to Occur on 11/1/2026 Moving the Cap Rate to 6.05% at List Price
  • 56,658 Residents within a 5-Mile Radius - Dense Trade Area in the Tucson MSA
  • Located in Rapidly Growing Marana - Households and Population Projected to Increase Nearly 7%+ in the Surrounding Area by 2028
  • More Than 27,600 Cars per Day at the Nearby Intersection of West Tangerine Road and North Dove Mountain Boulevard
  • Prime Location at the Gateway to the Affluent Dove Mountain Master-Planned Community (+/- 9,159 Units at Build-Out)
  • Average Household Income Exceeds $131,000 in the Immediate Area
  • Situated in a Shopping Center with 95% Occupied Inline Retail Space
  • Minutes from The Ritz Carlton Dove Mountain

Broker Information

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