10255 E Old Vail Rd Retail
  • Asking Price
    $3.3MAsking Price
  • Cap Rate
    7%Cap Rate
  • Price/SF
    $586.78Price/SF
  • Gross Leasable Area
    5,658 SFGross Leasable Area
  • NOI
    $232KNOI
  • Occupancy
    100%Occupancy

Description

Native Grill & Wings is a retail property for sale at 10255 E Old Vail Rd in Tucson, AZ. The 5,658 SF property is 100% occupied, making its existing income, rather than a lease-up plan, central to the investment case.

Built in 2015, the property has 5,658 SF of gross leasable area on a 0.31-acre parcel zoned C-1. Its single-property scale gives a buyer a defined retail holding, while the site and building figures establish the physical scope of the acquisition. The 100% occupancy figure describes the property’s current leasing position; it does not, by itself, establish how long that occupancy will continue. For a buyer reviewing the asset, the building, parcel and zoning provide the physical framework for the income already in place.

The asking price is $3,320,000, or $586.78 PSF, with NOI of $232,400 and a 7% cap rate. Those figures place the current income alongside the acquisition cost, giving investors a basis for judging the property as an occupied retail asset. The 2015 construction date and 0.31-acre parcel also keep the investment case grounded in a specific building and site, rather than a broader development plan. Native Grill & Wings offers a buyer a fully occupied retail property with an established NOI and a stated asking price.

Offering Summary

  • Asking Price
    $3,320,000
  • Price PSF
    $586.78
  • Price/Unit
    $3,320,000
  • Price/Acre
    $10,709,677.42
  • Property Type
    Retail
  • Size
    5,658 SF
  • Available
    5,658 SF
  • Occupancy
    100%
  • Properties
    1
  • Built
    2015
  • Total Acres
    ~0.31 ac

Sale Details

  • Cap Rate
    7.0%
  • NOI
    $232,400

Documents

Property Address

10255 E Old Vail Rd
Tucson, AZ 85747

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    5,658 SF
  • Occupancy
    100%
  • Year Built
    2015
  • Acres
    0.31
  • Zoning
    C-1

Deal Team

Dave Volk profile image

Dave Volk

Designated Broker
Volk Company