Oracle Gateway

Investment Highlights

Strong Daily Needs Tenant Roster Over 85% National/Credit Tenants/Stable Cash Flow Situated in the Heart of the Oracle Rd Corridor Future Parcelization Opportunity

Executive Summary

This retail multi-tenant investment opportunity includes 5 buildings at the Oracle Gateway totaling 58,702 SF with 8 tenants at 94% occupancy and an NOI of $797,178. Located in North Tucson, this shopping center was built in 1986 with 478 parking stalls and sits on 6 parcels that's situation in the heart of the Oracle Rd Corridor. Over 85% of the tenants are national/credit tenants with a stable cash flow ranging from fast casual restaurants to top quality retail tenants including Oak Street Health offering primary care. The site also includes future parcelization opportunity where outparcels can be sold separately to achieve additional value through PADs.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar Restaurant
• Building Size    6,685
• Building Class    B
• Year Built/Renovated    1999/2024
• Price    6,250,000
• Price Per SF    935
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    1.53
• Land Acres    0.10 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.