Corporate Sprint NNN Investment Offering

Sprint Wireless – Tucson, AZ

1840 W. Valencia Road

$1,516,000 | 6% cap rate

Goldsmith Real Estate (“Exclusive Broker”) and Faris Lee Investments (“Investment Advisor”) are pleased to offer for sale the fee simple interest (land & building) in a freestanding, single tenant, NNN leased, Sprint, located in Tucson, AZ.

  • Lesee is corporately-backed by strong publicly traded national tenant – Sprint Corporation (NYSE:S)
  • Recent lease renewal through June 2022 / Sprint has invested capital into the building
  • Triple net (NNN) lease / Passive investment opportunity with options to renew
  • Exclusive retail pad to Lowe’s anchor
  • Below market rent / Long-term upside value / 7.12% cap rate at market rent
  • Adaptive re-use building / Potential future drive-thru restaurant
  • Adjacent to Wal-mart Supercenter, CVS and Walgreens
  • Excellent visibility / High traffic counts of 50,000 vehicles per day on W. Valencia Road

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Exclusive Broker of Record*

Ellen Golden, Goldsmith Real Estate
DRE License #AZ BR522828000
(520) 219-3100
Email: ellen@goldsmithtucson.com

Lead Investment Advisor

Shaun Riley, Senior Managing Director
DRE License #CA 01165160
(949) 221-1807
Email: sriley@farislee.com

*The listing will be sold through the Arizona licensed real estate broker of record above. All questions, comments or other communication should be directed to Ellen Golden.