Pending-3754 S 16th Ave, Tucson, AZ 85713 Retail Opportunity former CVS Pharmacy

3754 S 16th Ave, Tucson, AZ 85713- Building will be delivered Vacant at Close

The Property

Positioned in a highly trafficked Tucson retail corridor at 16th Ave & I-19/Ajo Way, this property benefits from adjacency to established national and regional retailers including Fry’s Food & Drug, Burlington, Boot Barn, and Desert Sports & Fitness, creating strong cross-shopping synergy and consistent daily traffic.

This ±24,990 square foot commercial building will be delivered vacant at closing, offering immediate availability and full flexibility for an owner-user or investor. The vacant delivery provides complete control for occupancy, repositioning, or customization without the limitations of an existing tenant.

The building features ADA-compliant restrooms, private mezzanine offices, and a functional layout suitable for a wide variety of commercial or industrial uses (subject to zoning). Significant capital improvements were completed in 2020, enhancing both operational efficiency and long-term value.

Property improvements include:

• ±50 LED commercial light fixtures (2020)
• 14 Five-Ton Carrier HVAC units (2020)
• Newer lighting throughout
• Newer HVAC systems
• Exterior fencing (2020) – see photos
• Stainless steel security bars (2020)
• Stainless steel security door (2020)
• Fire suppression system
• Cardboard crusher included

The site also offers ample on-site parking, providing convenience for employees, customers, and operational needs. The combination of size, infrastructure, security enhancements, and modernized systems creates a strong foundation for a wide range of commercial applications.

This is an excellent opportunity to acquire a well-improved, high-functioning commercial asset with immediate availability and substantial recent upgrades already in place.

Buyer Disclaimer:

All information provided has been obtained from sources deemed reliable but is not guaranteed by Broker or Seller. Buyers are advised to independently verify all facts, figures, square footage, zoning, permitted uses, condition of improvements, and suitability for intended use. Neither Broker nor Seller makes any warranties or representations, expressed or implied, regarding the property.

Virtual Tour-Check it out!

If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?

Location

Area Overview – Tucson, Arizona

The property is located in Tucson, Arizona’s second-largest metro and a stable, diversified market supported by defense, higher education, healthcare, and logistics.

Major Employment & Economic Drivers

Davis-Monthan Air Force Base
One of the region’s largest employers, Davis-Monthan supports 35,000+ military and civilian jobs and anchors long-term housing and retail demand. The base is also home to the 309th Aerospace Maintenance and Regeneration Group (AMARG), often referred to as the “aircraft boneyard,” providing permanent federal presence and economic stability.
University of Arizona
A flagship public research university with 50,000+ students, faculty, and staff. The University of Arizona drives consistent population flow, research funding, healthcare expansion, and year-round economic activity, supporting both residential and neighborhood-serving retail demand.

Transportation & Highway Access

Interstate 10
Tucson sits directly along I-10, the major east-west corridor connecting Phoenix, Southern California, New Mexico, and Texas. This provides strong regional accessibility for commuters, logistics, and interstate travel.
Interstate 19
I-19 connects Tucson south to Nogales and the U.S.–Mexico border, supporting cross-border trade, warehousing, and distribution activity.
Additional arterial roadways provide efficient access throughout South Tucson, Downtown, and the broader metro area, making the location practical for both employees and customers.

Market Fundamentals

Diverse employment base reduces reliance on any single industry
Steady population growth and long-term federal and institutional presence
Lower cost basis compared to Phoenix, with strong investor demand for stabilized and NNN assets
Consistent need for service-oriented retail, industrial, and workforce housing

$3,775,000

Sale Price

24,999

Square Footage

C-1

Zoning

Offering Memorandum and Marketing Flyer

To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.

Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.

If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.

Thank you for considering our investment opportunity, and we hope to hear from you soon!

One Page Flyer-Check it out Offering Memorandum-Check it out!