4282 N FIRST AVE, TUCSON, AZ 85719-1026

GATEWAY TO THE CATALINA FOOTHILLS & ORO VALLEY

» Affluent, Established Trade Area with Durable Consumer Demand

The Catalina Foothills and north Tucson submarkets represent one of the most desirable residential

concentrations in the region, defined by above-average household incomes, elevated home values, and long-term residency trends. This affluent and stable consumer base provides a reliable foundation for consistent retail spending and tenant performance.

» Daily-Needs Retail Corridor Anchored by Necessity and Service Uses

The North 1st Avenue corridor functions as a primary retail spine for the surrounding neighborhoods,

supporting a mix of grocery, fitness, dining, and service-oriented tenants. This composition creates internet resistant, needs-based demand, insulating the corridor from broader retail volatility.

» High Barriers to Entry with Limited New Retail Supply

The surrounding trade area is largely built-out, with zoning constraints and limited available land restricting future retail development. These barriers to entry preserve occupancy levels and support long-term rent growth for well-located neighborhood centers.

» Strategic Commuter Location Driving Consistent Traffic Patterns

Positioned along a major north-south arterial, the corridor benefits from strong daily traffic counts and “going-home” commuter flow, generating repeat visitation and reinforcing tenant sales volumes.

» Strong Demographic Profile Supporting Service-Oriented Tenancy

A balanced mix of professionals, established households, and retirees creates an ideal customer base for food, wellness, fitness, and personal service tenants, aligning directly with the tenant mix at Rillito Crossing.

Embedded Value Within a Supply-Constrained Submarket

» Immediate Lease-Up Opportunity Enhancing Near-Term NOI

Rillito Crossing offers remaining pad and small shop vacancy within an otherwise stabilized center, allowing investors to drive incremental income through lease-up at market rents in a corridor with proven tenant demand.

» Pad Development Potential in High-Demand Retail Node

The Property includes a vacant land pad opportunity, with a potential Tenant and ability to bifurcate, providing the ability to introduce a high-performing user in demand within the submarket and unlock additional revenue streams within an already established retail ecosystem.

» Direct Alignment with Trade Area Demographics and Spending Patterns

The center’s existing and future tenant mix is well positioned to serve the daily needs and discretionary spending habits of the surrounding population, supporting both occupancy stability and long-term leasing velocity.

» Ability to Capture Organic Growth in a Mature, High-Barrier Market

With limited competing supply and continued population and income stability in the Catalina Foothills, Rillito Crossing is uniquely positioned to convert embedded operational upside into long-term value creation.