Casas Adobes_Property for Sale
Casas Adobes_Property for Sale
7001 N Oracle Rd, Tucson, AZ, 85704-4329, US

Casas Adobes

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL), a licensed real estate broker, has been exclusively retained to offer qualified investors the opportunity to acquire Casas Adobes Plaza (the “Property”), a grocery anchored neighborhood shopping center consisting of 92,330 square feet of Gross Leasable Area in Tucson, AZ. The Whole Foods anchored shopping center is currently 97.0% occupied to an exceptional tenant roster including market-leading retailers and restaurants such as Whole Foods, Starbucks, Sauce Restaurant, Wildflower Grill (Sam Fox), Orangetheory and more. The Property is situated at the southwest corner of Oracle Rd. and Ina Rd., one of the busiest intersections in the Tucson market with over 77,000 Vehicles per day. This trophy asset serves the two most affluent communities in Tucson: the Catalina Foothills and Oro Valley. The high-end trade area has an average household income of over $122,240 in a 1-mile radius, and a population of 495,022 people within a 10-minute drive of the Property. Casas Adobes Plaza presents the rare opportunity to acquire an iconic, Whole Foods anchored shopping center with excellent visibility, demographics, and durable income with 10 years remaining of Amazon Credit.

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Attributes

Building area gross
8,578 m²
Occupancy
97%
Year built
1948
Year renovated
2002

Media

Investment Highlights

  • TRILLION DOLLAR GUARANTEE IN WHOLE FOODS 
  • 6.4 YEAR WEIGHTED AVERAGE LEASE TERM
  • PRIME GROCERY-ANCHORED SHOPPING CENTER WITH EXCEPTIONAL TENANT MIX
  • PROMINENT LOCATION WITH EXCELLENT VISIBILITY
  • ROBUST DEMOGRPAHICS
  • ICONIC ARCHITECTURE
Casas Adobes 4_Property for Sale
Casas Adobes 4_Property for Sale

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Casas Adobes (0 Properties)

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Last updated
20 Jun 2024