10165 E Old Vail Rd, Tucson, AZ 85747 For Sale

Cushman & Wakefield is pleased to present the opportunity to acquire Las Plazas, a newly constructed multi-tenant retail investment located in Tucson, Arizona. The property consists of approximately 7,524 square feet and is 100% leased to a diverse mix of service-oriented tenants. The asset offers investors stable in-place cash flow supported by brand new 2025 construction and long-term 10-year primary lease terms across the tenant roster.

Las Plazas benefits from a strong and complementary tenant mix designed to serve the surrounding trade area, providing daily-needs and service-based uses that help reinforce consistent traffic to the center. The fully occupied nature of the property, combined with its modern construction and long-term lease structure, creates an attractive balance of income durability and reduced near-term capital needs. In addition, the center is positioned within a highly productive retail pocket, with multiple nearby tenants ranking in the top 20% nationwide for sales, further underscoring the strength of the location and surrounding consumer demand.

The property is located within a highly visible corridor along Old Vail Road with traffic counts of approximately 30,627 vehicles per day at the nearby intersection. The site is less than two miles from the University of Arizona Tech Park, a major employment hub encompassing more than 2 million square feet and over 85 tenants. The asset also sits across from Houghton Town Center, a regional retail destination featuring national tenants including The Home Depot, Walmart Supercenter, Ross, Petco, and McDonald’s. The surrounding area is further supported by strong household incomes, with average household incomes exceeding $165,000 within a one-mile radius.

This offering represents an opportunity to acquire a stabilized, newly built Tucson retail center with diverse tenancy, durable in-place income, and strong real estate fundamentals in an established and growing retail corridor.