Features
- Essential Service Tenancy | 84 Percent of Scheduled Rent Guaranteed by the U.S. Government, Urgent Specialists (Urgent Care), and The Lasik Vision Institute
- United States Government (62 Percent of Income) has Occupied Their Space for Over 15 Years and Recently Exercised a Five-Year Option | 20-Year Cumulative Relationship
- Proven Location | United States Government Waived Standard Early Termination Language When Five-Year Option was Exercised | Very Rare Occurrence
- Irreplaceable Real Estate | Hard Corner Stoplight Intersection with Maximum Visibility
– Combined Traffic Counts Exceed 54,000 Vehicles per Day
- Over $4.2 Million Dollars’ Worth of Tenant Improvements and Capital Improvements Completed to the Building Since 2009 | Well-Maintained Property
- Outparcel to Foothills Mall in the Process of Being Redeveloped
– Foothills Mall Will Become “Uptown Mall” | 51-Acre Lifestyle Development
– $750 Million Redevelopment Includes High-Rise Buildings Making Uptown Mall the Focal Point for Retail, Office, Residential and Entertainment for the Entire Tucson Metropolitan Area
– Forecasting Up to 100,000 Vehicles per Day at Intersection Once Redevelopment is Complete
- Highly Populated | 70,952 People Live Within Three Miles of Subject Property
– Two Percent Population Increase by 2023
– Average Household Income of $73,531
- Adjacent to Walmart SuperCenter and Other Retailers
– Notable Major Retailers in the Area Include Albertson’s Grocer, Walgreens, LA Fitness, Barnes & Noble, Party City and Much More
Contact
ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com
* Broker of Record: Ryan Sarbinoff