Listed by Whirlygig Properties, LLC
Unpriced
PAD 2 - Houghton Crossings Professional Plaza
Details
Property Type Land, Retail
Sub Type Commercial, Pad
Square Footage 6,300
Tenancy Vacant
Lease Type NNN
Zoning C-1
Build ready Pad, Tucson, AZ
Marketing description
Construction Ready – Pad for Sale Potenial Building Size: ±6,300 SF Available Building Size Option: ±4,400 SF for use with a Drive-Thru
Investment highlights
- Underserved Rincon Valley/Rita Ranch area that is in planning process for a massive planned development as the State Land trust is auctioning off approx. 2,590 acres of land on the NW & NE corners of Houghton and valencia and running South of Valencia on the East side of Houghton Road.
- Pulte Homes has purchased the 344 acres on the SW corner of Houghton and Valencia for residential development and some commercial development.
- The new bridge will be constructed on East Valencia Road and will span the Pantano wash connecting Old Spanish Trail and Houghton Road. This will now be a direct route to the airport for the entire SE Tucson Rincon Valley.
- With the new Valencia Road Bridge connecting all of the 5,000 acre Rocking Development on Old Spanish Trail to the Houghton/Valencia intersection, Lennar, Pulte Homes and KB Homes have purchased land in the Rocking K Ranch for residential development. In addition Vail School district will be constructing a new K-8 public school on the Rocking K property.
- A new Vail High School called Mica Mountain High School completed in 2020. It is located approx. ¼ mile east of Houghton Crossings on the South side of Valencia Road.
- Houghton Road widening to I-10 consisting of four lanes will be completed in 2020. Houghton Road and land right-away is ultimately planned for 6 lanes.
- Excellent opportunities for Office, Medical or Retail with easy access to Rita Ranch, Vail and Rocking K.
- High profile employers in the area include Raytheon, IBM, Target, Amazon, Walmart, Canon USA, Citigroup, Fry’s Davis Monthan Air Force Base and Safeway.
- Convenient Interstate 10 access via Houghton Road.
- Located within the Vail School District, one of the highest performance school districts in Arizona.
Listing Contacts
Listed by Whirlygig Properties, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
