Shops I - The Bridges - Tucson, AZ
3470 South Kino Pkwy, Tucson, AZ, 85713, US
630 sm
Description
JLL is pleased to present the exclusive opportunity to acquire Shops II at The Bridges (“Shops II” or the “Property”), a newly constructed (2023), 7,374-square-foot retail strip center that is 100% leased. Anchored by MOD Pizza and First Watch, the property boasts a weighted average lease term of 7.9 years. Shops II is strategically located in Tucson, Arizona, the second largest city in the state.
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Attributes
Asking price
¥727,116,000
Cap rate
6.25%
NOI
¥45,438,000
Building area net
685 sm
Occupancy
100%
Year built
2023
WAULT
7.9 years
Media
Investment highlights
- NNN leased retail strip center with 7.9 years weighted average lease term and 10% bumps every 5-years
- 100% occupied with high-quality tenant mix including First Watch and MOD Pizza
- Situated in the #4 ranked shopping center in Arizona based on visits
- Adjacent to the #1 ranked Walmart and Costco in Arizona based on visits
- 100% occupancy with best-in-class new construction
- Situated at the corner of S Kino Pkwy and Tucson Marketplace Blvd with 62,000 VPD
- Close proximity to University of Arizona, Davis Monthan Military Base and Tucson International Airport
Contact brokers
Shops II - The Bridges - Tucson, AZ (0 Properties)
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Last updated
Aug 11, 2025
