CVS Pharmacy – Tucson, AZ

Offered at $4,340,000, this 14,375 SF CVS Pharmacy in Tucson, AZ, presents a stabilized, single-tenant retail investment opportunity with a 7.25% cap rate and in-place NOI of $315,000. Built in 2003 and situated on a 2.09-acre parcel, the property features strong fundamentals, including 100% occupancy, excellent frontage of 200 feet, and signage rights.

The site benefits from substantial visibility with a traffic count of 31,654 vehicles per day. Located at 7740 North Cortaro Road in a high-demand retail corridor, the property is well-positioned within the Tucson market. The tenant, CVS, provides a secure, long-term income stream, and in-place rents of $26,250 per month align with market expectations, ensuring sustainable cash flow.

Investors will appreciate the property’s stable, single-tenant lease structure and strong market fundamentals, supporting long-term value retention and growth. This investment offers a solid opportunity for income-focused buyers seeking a proven asset in a robust retail submarket.