- For Sale $1,290,323
- Property Type Retail - Street Retail
- Property Size 7,000 SF
- Lot Size 1.06 Acre
- Property Tenancy Single Tenant
- Year Built 2026
- Date Updated Oct 20, 2026
Description
CP Partners is presenting a rare opportunity to acquire a corporate credit ground lease with a low rent and price point located in an affluent area right outside of Tucson, AZ. AutoZone rent commences on October 30th, 2026, and the building is currently under construction with an estimated opening for business of January 2027.
Highlights
- 8% rent increases in years 11 and 16 of the primary term
- 8,031 stores as of August 29, 2026, after opening 236 domestic stores and closing none in fiscal 2026
- A $33.9 million widening of Oracle Road to six lanes added raised medians, left-turn lanes, and traffic signal improvements in the Catalina area
- AutoZone (NYSE: AZO) holds an investment-grade BBB credit rating
- AutoZone Parts, Inc. signed a new 20-year corporate Absolute NNN Ground Lease
- Corridor retailers include Tractor Supply, Dollar General, and O’Reilly Auto Parts, with Bashas’ anchoring Golder Ranch Plaza at Oracle Road and Golder Ranch Drive
- Domestic commercial sales grew 10.6% to $5.8 billion in fiscal 2026, with about 400 global store openings planned for fiscal 2027
- Fiscal 2026 net sales of $20.3 billion, up 7.4%, and net income of $2.6 billion
- Four, 5-year renewal options, each with an 8% rent increase
- Nearby employers include 176-bed Oro Valley Hospital and Roche Tissue Diagnostics, Oro Valley’s largest employer with approximately 1,700 Tucson-area employees and contractors
- New construction, 7,000 SF AutoZone on a freestanding 1.06-acre site
- No other AutoZone operates in Catalina; the nearest AutoZone is farther south on Oracle Road in Oro Valley
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Contacts
Justin Stark
CP Partners
Location
Located at 16411 N Oracle Road, Catalina, AZ 85739, this property is part of the Catalina neighborhood and Tucson market.
Contact Listing Broker
Justin Stark
CP Partners