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12452822
13351583

3 Locations

IF
AZ AZ BR645511000
Larsen Baker, LLC
Listed by Larsen Baker, LLC
$5,500,000
1043 days on market
Updated 8 days ago

The Shoppes at Orange Grove

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 21,210
Net Rentable (SqFt) 21,210
Units 6
Cap Rate 6.68%
NOI $367,500
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 5
Rent Bumps Yes
Pro-Forma Cap Rate 6.68%
Pro-Forma NOI $367,500
Price per SqFt $259
Broker Co-Op Yes
Class A
Year Built 2006
Buildings 1
Stories 1
Acreage 2.350
Zoning HI
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 09/05/2023
Ownership Orange Grove center, LLC
Sale Condition 1031 exchange

Retail Strip For Sale

Marketing description

The Shoppes at Orange Grove is a premier property located at W River Rd in Tucson, AZ. This highly accessible retail space offers convenient entry from Interstate 10, River Road, and Orange Grove Road, making it a prime location for business. With ample parking and great signage, this property stands out among its competitors. The surrounding area is home to popular retailers including Costco, Top Golf, and Home Depot, ensuring a high level of foot traffic. The property is zoned H-1 by the Town of Marana, offering flexibility for various business types. Moreover, being located in an opportunity zone presents potential tax benefits for future tenants. Don't miss out on the opportunity to own this wonderful asset. Contact Isaac Figueroa, CCIM, Director of Leasing and Sales, at 520.296.0200 x218 or [email protected], for more information.

Listing Contacts

IF
AZ AZ BR645511000
Larsen Baker, LLC
Listed by Larsen Baker, LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$367,500.00
$30,625.00/mo

Valuation Metrics

0
DSCR
6.68%
Cap Rate
6.68%
ROI

Map

Zoning

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HI IndustrialHeavy Industrial
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View all 132 uses
View all 132 uses
Last updated Feb 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Isaac Figueroa, CCIM, SIOR
License
AZ BR645511000
Brokerage
Larsen Baker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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