Rancho Vistoso

JLL is pleased to present the exclusive opportunity to acquire Rancho Vistoso (the “Property”), an 84,844 square-foot retail center strategically located in the affluent town of Oro Valley in Tucson, AZ. Rancho Vistoso benefits from a strong demographic profile, with an average household income of $123,226 and a population exceeding 51,000 within a 5-mile radius. The property is located at the intersection of North Oracle Road (30,000+ VPD) and East Rancho Vistoso Boulevard (11,000+ VPD). Currently 78% leased, Rancho Vistoso features a strong mix of national and local tenants. Anchors include Harbor Freight Tools and Walgreens, complemented by a diverse selection of shop tenants such as Chase Bank ($239M in deposits), The UPS Store, Gaslight Music Hall, and Urban Wellness. The Property offers immediate NOI growth, evidenced by a 8.55% 5-year Compound Annual Growth Rate (CAGR) in Net Operating Income (NOI), through the lease-up of the remaining 18,796 square feet of space. The current ownership has invested nearly $1.0 million in capital improvements since acquisition, including parking lot repairs, landscaping enhancements, and roof repairs, ensuring the Property remains well-maintained and attractive to prospective tenants. Rancho Vistoso offers investors a unique opportunity to acquire a thriving retail center in a desirable location with substantial upside potential.