547-629 Highway 90 Byp, Sierra Vista, AZ 85635
2 Retail Properties Offered at $19,600,000 in Sierra Vista, AZ
Asking Price $19,600,000
- Property Type
-
Retail
Listing Contacts
- Property Info
Property Overview
INVESTMENT HIGHLIGHTS
» High Historical Occupancy - 95+ Percent Avg. Over 18 Years
» Upside in Rents, Leasing & Jr. Anchor Development Land
» Long Term Anchors - New 10 Year Renewals Hobby Lobby, Marshalls & Early 5 Year Renewal C-A-L Ranch
» Priced Below Replacement Cost
» New 2022 Dutch Bros Outparcel (not-included)
TENANT HIGHLIGHTS
» 99% of Occupied Space Credit/National & Regional Tenants
» Sustainable Weighted Average Lease Term Over 6 Years
» C-A-L Ranch, Hobby Lobby & Ross Paying Low Rent/SF
LOCATION HIGHLIGHTS
» Most Dominant Retail Intersection in the County with High Barriers to Entry
» Home of Mission Critical Army Base Fort Huachuca with Over 30K Population and $2.9B Economic Impact
» Ranked 25 on Fortune's Best Places to Live for Families 2023
» Large, Stable Trade Area with 50 Mile Consumer Draw
» Average Household Income of Approx. $80K Within the Immediate Trade Area
» High Historical Occupancy - 95+ Percent Avg. Over 18 Years
» Upside in Rents, Leasing & Jr. Anchor Development Land
» Long Term Anchors - New 10 Year Renewals Hobby Lobby, Marshalls & Early 5 Year Renewal C-A-L Ranch
» Priced Below Replacement Cost
» New 2022 Dutch Bros Outparcel (not-included)
TENANT HIGHLIGHTS
» 99% of Occupied Space Credit/National & Regional Tenants
» Sustainable Weighted Average Lease Term Over 6 Years
» C-A-L Ranch, Hobby Lobby & Ross Paying Low Rent/SF
LOCATION HIGHLIGHTS
» Most Dominant Retail Intersection in the County with High Barriers to Entry
» Home of Mission Critical Army Base Fort Huachuca with Over 30K Population and $2.9B Economic Impact
» Ranked 25 on Fortune's Best Places to Live for Families 2023
» Large, Stable Trade Area with 50 Mile Consumer Draw
» Average Household Income of Approx. $80K Within the Immediate Trade Area
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