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Wells Fargo @ The Ritz Carlton Dove Mountain 12140 N Dove Mountain Blvd 4,692 SF Retail Building Marana, AZ 85658 $2,826,827 CAD ($602.48 CAD/SF) 6% Cap Rate
Investment Highlights
- Absolute Triple-Net (NNN) Ground Lease with 5 Years Remaining on Lease Term
- 58,077 Residents within a 5-Mile Radius - Dense Trade Area in the Tucson MSA
- More Than 28,000 Cars per Day at the Nearby Intersection of West Tangerine Road and North Dove Mountain Boulevard
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Located in Rapidly Growing Marana - Households and Population Projected to Increase Approximately 5%+ in the Surrounding Area by 2030
- Prime Location at the Gateway to the Affluent Dove Mountain Master-Planned Community (±9,159 Units at Build-Out)
Executive Summary
Located just northwest of Tucson in southern Arizona, Marana is a town that lies mostly in Pima County with a small portion in Pinal County. Home to nearly 52,000 residents, it is among the fastest-growing cities in Arizona, growing at a rate of nearly 150 percent since 2000.
Property Facts
Amenities
- Dedicated Turn Lane
- Signalized Intersection
- Drive Thru
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $309,646 CAD |
Property Taxes
Contacts
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Christopher Lind -
Charlaine Horning -
Mark Ruble -
Zack House -
Ryan Sarbinoff -
Marcus & Millichap
Presented by
Wells Fargo @ The Ritz Carlton Dove Mountain | 12140 N Dove Mountain Blvd
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