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31830031
31829941

Oracle Ridge Plaza Shopping Center, Tucson, AZ 85705

SR
AZ CO709902000, CA 02101543 (+42)
ParaSell Inc
JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by ParaSell Inc, CrownPoint Partners
$5,945,000
45 days on market
Updated 45 days ago

Absolute NNN Dental Facility | 14 Yr Abs Net

Details
Property Type Retail, Office
Sub Type Medical Office, Dental office
Square Footage 13,860
Cap Rate 7.25%
NOI $430,950
Tenancy Single
Brand/Tenant Aspen Dental, Heartland Dental
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/18/2040
Remaining Term 13.9
Rent Bumps Yes
Lease Options 2X 5 Year
Broker Co-Op True
Year Built 1991
Buildings 1
Stories 1
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/18/2025
Ground Lease No
Ownership Fee Simple

STNL Medical | 6 Mi. to Downtown | 3% Annual Increases

Investment highlights

PROPERTY HIGHLIGHTS

• 14 Year Absolute Net Lease

• Zero Landlord Responsibilities

• 13,860 SF Medical Facility Building Situated on 1 Acre Parcel

• Attractive Annual 3% Rent Increases in Base Term and Options

• Corporate Guaranty Backed by 11 Guarantees Encompassing 22 Operating Practices

• Portfolio Generated $36.48 Million in 2024 Revenue

• $7.34 Million in 2024 EBITDA Demonstrating Strong Financial Performance and Operating Scale

• Ideal For Private Investors Or 1031 Exchange Buyers Seeking A Manageable, Income-Producing Healthcare Asset With Strong Credit Tenancy

• Institutional-Scale Asset Size Well-Suited for Private Investors Seeking Predictable Cash Flow and Long-Term Hold Potential

• Located Along a High-Traffic Retail Corridor on North Oracle Road With Excellent Visibility and Access

LOCATION HIGHLIGHTS

• Strategically Located Along North Oracle Road (SR-77) With Traffic Counts of Approximately 35,477 Vehicles Per Day, Providing Excellent Visibility and Accessibility in Tucson

• 6.1 Miles From Downtown Tucson

• 7.5 Miles From Oro Valley

• Minutes From Tucson Mall, One of Southern Arizona’s Primary Regional Shopping Destinations Featuring National Retailers and Dining Options

• Dense Surrounding Residential Population Serving Established Neighborhoods and the Affluent Catalina Foothills Area, Supporting Strong Consumer and Patient Demand

• Proximity to Major Retail Anchors With National Retailers and Shopping Centers Driving Consistent Daily Traffic and Cross Visitation

• Strong Economic Anchors Including the University of Arizona, Major Healthcare Systems, Aerospace and Defense Employers, and Government Presence

• Excellent Accessibility With Convenient Access to Interstate 10 and Key Surface Roads Enhancing Regional Connectivity

• Positioned Within a Dominant North Tucson Retail Trade Area With Long-Term Commercial Stability and Continued Investment

Listing Contacts

SR
AZ CO709902000, CA 02101543 (+42)
ParaSell Inc
JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by ParaSell Inc, CrownPoint Partners

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$430,950.00
$35,912.50/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

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Additional Information

Name
Scott Reid
License
CO709902000
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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