La Toscana Village
SEC Oracle Road & Ina Road | Tucson, Arizona
Cushman & Wakefield’s Retail Investment Advisors, as exclusive advisors, are pleased to present the opportunity to acquire La Toscana Village (the “Property”), a 47,261 square foot grocery shadow anchored shopping center featuring Safeway and Walgreens. The Property is located on the southeast corner of Oracle Road and Ina Road in Tucson, Arizona.
The Property is situated on approximately 5.23 acres of land in the northern portion of Tucson Metropolitan Area. La Toscana Village is currently 100% leased to an assortment of complimentary ‘daily-needs’ tenants offering grocery, cleaners, salons along with multiple specialty shops and several dining options.
INVESTMENT HIGHLIGHTS
- Exceptional assumable debt at a fixed rate of 4.39%
- Below Market Rents
- Busy retail intersection
The Property is ideally located at the southeast corner of Oracle Road and Ina Road. This intersection serves as a gateway to Oro Valley and Catalina Foothills, creating a shopping destination offering a collection of boutiques, national retail anchors and restaurants. - Attractive Demographics
An estimated 50,016 people earning an average household income of $112,191 reside within a three-mile radius of La Toscana Village. This income is expected to exceed $132,082 by 2027. Within a five-mile radius, this population swells to 159,516. This population creates an ideal upper middle income demographic for La Toscana Village. - Exceptional Access and Visibility with Strong Traffic Counts
The Property has exceptional frontage of approximately ±770 feet along Oracle Road and ±940 feet along Ina Road. Approximately 45,851 vehicles pass the Property each day along Oracle Road, and another 37,938 vehicles pass the Property daily along Ina Road.