3754 S 16th Ave Tucson, AZ 85713
Sunset Villa NeighborhoodEstimated payment $22,629/month
Highlights
- 2.29 Acre Lot
- Cooling Available
- Multiple Heating Units
- Meeting Room
- Concrete Flooring
About This Home
Prime Retail Property with Established Tenant Discover a lucrative investment opportunity at 3754 S 16th Ave, Tucson, AZ 85713. Priced at $3,775,000 with a solid NNN leased 6% cap rate, this property offers stability and growth potential in the heart of Tucson. Key Features: Tenant Stability: The retail space is leased to a longstanding tenant with 35 years of business history, ensuring reliable rental income.
Size and Flexibility: Spanning 30,000 square feet, the property includes ample space for retail operations and future growth.
Owner-Occupier Potential: Investors have the option to owner-occupy, leveraging the property's strategic location and functional layout.
Convenient Location: Situated within a bustling shopping center, the property boasts nearly unlimited asphalt Investment Opportunity in Tucson, AZ
Prime Retail Property with Established Tenant Discover a lucrative investment opportunity at 3754 S 16th Ave, Tucson, AZ 85713. Priced at $3,775,000 with a solid NNN leased 6% cap rate, this property offers stability and growth potential in the heart of Tucson. Key Features: Tenant Stability: The retail space is leased to a longstanding tenant with 35 years of business history, ensuring reliable rental income.
Size and Flexibility: Spanning 30,000 square feet, the property includes ample space for retail operations and future growth.
Owner-Occupier Potential: Investors have the option to owner-occupy, leveraging the property's strategic location and functional layout.
Convenient Location: Situated within a bustling shopping center, the property boasts nearly unlimited asphalt parking, enhancing customer accessibility and convenience.
Modern Infrastructure: Interior features include updated restrooms, efficient HVAC systems, a well-equipped storefront, and convenient loading docks, catering to diverse retail needs.
Investment Highlights: NNN Lease: Enjoy the benefits of a NNN lease structure, where the tenant covers property taxes, insurance, and maintenance costs, minimizing landlord responsibilities.
Stable Income: Benefit from a secure income stream backed by a reputable tenant in a thriving retail environment.
Strategic Potential: With potential for owner-occupation, investors can capitalize on both rental income and operational flexibility.
Community Connectivity: Located in a vibrant commercial area, the property offers high visibility and accessibility, driving foot traffic and enhancing retail potential.
Ideal for Investors Seeking: Long-Term Value: With a strong tenant history and favorable lease terms, this property promises enduring value and income stability.
Expansion Opportunities: Expand your portfolio in Tucson's dynamic retail market, leveraging the property's prime location and tenant credibility.
Diverse Investment Strategies: Whether seeking passive income or an owner-operated retail space, this property accommodates various investment goals.
Don't miss out on this exceptional retail investment opportunity in Tucson.
Property Details
Property Type
- Other
Est. Annual Taxes
- $37,022
Year Built
- Built in 1986
Lot Details
- 2.29 Acre Lot
- Chain Link Fence
- Property is zoned TBD
Home Design
- 24,990 Sq Ft Home
- Wood Frame Construction
- Foam Roof
- Block Exterior
- Stucco
Flooring
- Carpet
- Concrete
Parking
- 50 Open Parking Spaces
- 50 Parking Spaces
- Public Parking
- Free Parking
- Paved Parking
Utilities
- Cooling Available
- Multiple Heating Units
- Heat Pump System
- 220 Volts
- Master Water Meter
Listing and Financial Details
- Tax Lot 00014
- Assessor Parcel Number 119-18-093-A
Community Details
Overview
- Santa Cruz Plaza Subdivision
Amenities
- Meeting Room
- Showroom
Building Details
- Operating Expense $40,881
- Gross Income $317,903
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $37,023 | $279,888 | -- | -- |
| 2024 | $38,458 | $288,635 | -- | -- |
| 2023 | $39,254 | $297,381 | $0 | $0 |
| 2022 | $41,169 | $304,032 | $0 | $0 |
| 2021 | $42,100 | $275,766 | $0 | $0 |
| 2020 | $40,820 | $275,766 | $0 | $0 |
| 2019 | $40,694 | $265,325 | $0 | $0 |
| 2018 | $42,235 | $271,585 | $0 | $0 |
| 2017 | $44,667 | $271,585 | $0 | $0 |
| 2016 | $43,900 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | Off Market | $3,775,000 | -- | -- |
| 12/28/2025 12/28/25 | For Sale | $3,775,000 | 0.0% | $151 / Sq Ft |
| 12/25/2025 12/25/25 | For Sale | $3,775,000 | -- | $151 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Stewart Title | |
| Special Warranty Deed | $1,410,000 | Stewart Title & Tr Of Tucson | |
| Special Warranty Deed | -- | Stewart Title | |
| Quit Claim Deed | -- | None Available | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $2,700,000 | Tfnti | |
| Cash Sale Deed | $2,900,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,299,100 | Small Business Administration | |
| Closed | $1,299,100 | Small Business Administration | |
| Previous Owner | $3,104,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6960844
APN: 119-18-093A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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