Shops II - The Bridges - Tucson, AZ
3460 South Kino Parkway, Tucson, AZ, 85713, US
NT$148,514,000 | 685 m²
Description
JLL is pleased to present the exclusive opportunity to acquire the single-tenant 7 Brew located at The Bridges (“Property” or the “Asset”). 7 Brew is operating on an absolute NNN ground lease with ±19.3 years of primary lease term remaining, 2.0% annual rent increases, two, ten-year renewal options and zero landlord responsibilities.
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Attributes
Asking price
NT$43,486,000
Cap rate
6%
NOI
NT$2,610,000
WAULT
19.3 years
Building area net
126 m²
Year built
2023
Media
Investment Highlights
- Absolute NNN ground lease with ±19.3 years of primary lease term remaining and low $87K ground rent
- Outparcel to The Bridges, a top 1% shopping center in AZ & US
- 7 Brew is the 2nd largest drive-thru only chain in America with 2,200% store growth since 2022
- Adjacent to the #1 most visited Costco in Arizona
- Positioned along I-10 with direct accessibility to 112,000 VPD
- Adjacent to Geico's 200K SF regional headquarters
- Strong area demographics with 249K residents within a 5-mile radius
Contact brokers
7Brew - The Bridges - Tucson, AZ (0 Properties)
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Last updated
14 Aug 2025
