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FOOTHILLS PLAZA | MEDICAL & GOVERNMENT ANCHORED

$10,750,000 | 6.75%

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2120 W. Ina Road
Tucson, Arizona

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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

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