Broadway Star 7507-7575 E Broadway Blvd Local commercial 2 198 m² À vendre Tucson, AZ 85710 3 748 668 € (1 705,57 €/m²) Taux de capitalisation 7,14 %

* National and Regional Brand Tenancy – Broadway Star is leased to a synergistic mix of internet resistant tenancy with national and regional credit focusing on food, health, services and home-improvement goods

* Dunn-Edwards is one of the nation’s leading manufacturers and distributors of paint supplies, operating over 170 company stores across the United States and over 250 dealer locations internationally - Dunn-Edwards just extended its lease for 5 years at Broadway Star

* Embrace Life Services provides a range of in-home care, communication, and advocacy services through its 8 locations across Arizona.

* Boxing, Inc. offers martial arts focused health and fitness classes overseen by its 28 expert instructors at both locations in Northside and Eastside Tucson.

* Bakery Outlet is owned and operated by Bimbo Bakeries part of Grupo Bimbo, the largest baking company in the world supplying baked goods across the United States from its 55 bakeries to supply its over 700 sale centers.

* Liberty Tax provides Americans tax consultations, in-office and online tax prep and a variety of other services through its 2,200+ retail locations across the United States and Canada.

* Established Tenancy – The property enjoys extremely stable and well-seasoned tenancy with over 59% of the in-place GLA operating at the center for over 20 years and Bakery Outlet since 1992 (Over 30 Years!)

* Improving Returns – Due lease-up of the existing vacancy (10%), embedded rental increases, and below market rents rolling to market, the Net Operating Income (NOI) is projected to increase approximately $125,500 (40%) over the projected 10-year hold period. Additionally, a 15,140 SF pad parcel fronting Broadway Blvd. is available to be purchased individually or collectively

* Dominant Retail Hub – This location sits along Broadway Blvd. (±50,081 CPD), one of Tucson’s major retail corridors, neighboring popular destinations like Tucson’s Park Place Mall and other notable tenants within a half-mile; Sprouts, The Home Depot, Kohl’s, CVS, PetSmart, La-Z-Boy, Ashley Furniture Store, Michaels, DSW, Floor & Décor, Ross, Homegoods, Starbucks, In-N-Out Burger, and Carl’s Jr.

* Growing, Infill Tucson Demographics – Broadway Star sits within a populated, residential pocket of Tucson with more than 126,500 residents (AHI: $80,300) in a 3-mile radius. Furthermore, over the last 5 years, average home values have increased 53% within Broadway Star’s 85710 zip code. Developers have capitalized on this growth with 1,200 units of housing currently in development