Former Restaurant
Retail | 10,808 SqFt
Marketing description
SRS Real Estate Partners-West, LLC is pleased to offer the fee simple interest in a vacant retail property in Tucson, Arizona, presenting a prime value-add opportunity through lease-up or redevelopment. The site features flexible C-1 zoning, allowing for a variety of low-intensity commercial uses, and includes a large surface lot with 122 dedicated spaces, reducing future redevelopment costs.
Positioned near the signalized intersection of W. Valencia Rd (45,500 VPD) and S. Midvale Park Rd, and minutes from Interstate 19 (80,400 VPD), the property offers excellent visibility, accessibility, and two convenient access points. It sits directly adjacent to Midvale Plaza, a Walmart-anchored center in which the Walmart alone draws over 3.7 million annual visitors (98th percentile nationally, Placer.ai), and is surrounded by strong national brands including Lowe’s, Fry’s, Starbucks, Dutch Bros, Raising Cane’s, and Walgreens. The property is less than 5 miles from Tucson International Airport and near multiple schools and community anchors. It is supported by a dense residential base, including large multifamily complexes like Palomar Apartment Homes (142 units, adjacent) and The Woods Apartments at Midvale Park (359 units). The five-mile trade area includes over 145,100 residents and 73,800 employees. Located within the Tucson MSA, Arizona’s second-largest metro with over 1 million residents, the market benefits from a diverse economy anchored by aerospace, defense, education, healthcare, and logistics, with major employers including Raytheon, University of Arizona, and Amazon. The region’s affordability, tourism draw, and strategic border location drive long-term growth and stability.
Investment highlights
Value-Add Opportunity | Flexible Zoning | Ample Parking (122 Dedicated Spaces)
Proximity to Signalized, Hard-Corner Intersection | Regional Connectivity | Multiple Access Points
Prime Retail Corridor Position | Numerous Shopping Centers |Adjacent to Top-Performing Walmart (3.7M+ Annual Visitors)
Surrounded By Community Anchors | Tucson International Airport
Direct Residential Consumer Base | Strong Trade Area Demographics
Tucson MSA | Growing Economic Hub
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