12702 N Sanders Rd

For Sale

12702 N Sanders Rd, Marana, AZ 85653

This Marana property for sale is located at 12702 N Sanders Rd. The current listed sale price for 12702 N Sanders Rd is $600,000.

Contacts

Scott Hotchkiss

630 - NRT

Property Details

  • Property Type Retail - Street Retail
  • Property Size 3,532 SF
  • Units 1
  • Property Tenancy Multi-Tenant
  • Year Built 1988
  • Date Updated Mar 19, 2026
Sanders Flex Suites is located along North Sanders Road in the Town of Marana, within the expanding Northwest Tucson growth corridor. The property sits approximately minutes from Interstate 10, providing convenient regional access to Tucson, Oro Valley, and the greater Pinal County trade area. The site is positioned near the Gladden Farms residential community, one of Marana’s established and continuing growth areas. Surrounding land uses include residential neighborhoods, light commercial service businesses, and neighborhood-oriented retail.Mixed-use value-add investment opportunity positioned on ±0.65 acres in North Marana. The property includes approximately ±3,532 SF of retail/flex space plus two residential units, offering diversified income streams and defined stabilization upside. The commercial building is partially leased (±1,662.91 SF) to a martial arts studio with a contracted 5% rent increase effective April 1, 2026. The remaining ±1,869 SF suite presents a lease-up opportunity and requires HVAC installation and restroom build-out to maximize rental potential. A separate 1 Bed / 1 Bath residential unit provides additional income potential, while the manufactured home offers an optional 12-month seller leaseback at $1,200 per month, providing near-term cash flow stability during repositioning. Value-Add Components • HVAC installation for vacant commercial suite • Commercial restroom build-out (historical plumbing capacity documented) • Cosmetic updates to residential unit • Lease-up of ±1,869 SF at market rents • Optional municipal sewer connection available (subject to town requirements) Site Characteristics • ±0.65 acres of commercially zoned land • Low site coverage (~0.20 FAR) • Expansion or reconfiguration potential • Direct frontage on N Sanders Road • Minutes to I-10 and the Gladden Farms residential corridor Investment Profile In-place income is generated by the leased commercial suite and residential unit. Stabilized projections reflect lease-up of the vacant commercial suite and inclusion of seller leaseback income. Ideal for: • Private investor seeking yield • 1031 exchange buyer • Owner-user offsetting occupancy cost • Entrepreneurial operator seeking long-term upside
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Highlights

  • ±0.65 Acres of Commercially Zoned Land
  • ±1,662.91 SF Leased Martial Arts Studio
  • ±1,869 SF Vacant Suite – Lease-Up Opportunity
  • ±3,532 SF Retail / Flex Building
  • 1 Bed / 1 Bath Residential Unit
  • 5% Contracted Rent Increase (Effective April 1, 2026)
  • Convenient Access to I-10 & Growing Gladden Farms Corridor
  • Defined Value-Add Through HVAC & Restroom Build-Out
  • Low Site Coverage (~0.20 FAR) – Expansion Potential
  • Manufactured Home – 12-Month Seller Leaseback Option ($1,200/Month)
  • Municipal Sewer Connection Available (Subject to Town Program Requirements)
  • Projected Stabilized Cap Near 9% at Asking Price

Attachments

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Location

  • City Marana, AZ
  • Zip Code 85653
  • Market Tucson

Points of Interest

  • Circle K

    1.85 miles

  • Chevron

    1.89 miles

  • Speedway

    4.19 miles

  • Maverik

    4.36 miles

  • QuikTrip

    8.46 miles

  • Electrify America

    8.94 miles

  • Fry's

    9.84 miles

  • Private Parking

    4.92 miles

  • Public Parking

    4.97 miles

  • Tortolita Preserve Trailhead

    7.88 miles

  • Tortolita Mountain Trailhead

    8.75 miles

  • Bus or RV Parking

    9.01 miles

  • Quarry Pines Golf Club

    9.50 miles

  • R&R Pizza Express

    1.77 miles

  • Jack in the Box

    1.79 miles

  • Nico's Mexican Food

    1.81 miles

  • McDonald's

    1.83 miles

  • Sky Rider Cafe

    2.49 miles

  • Snack Shack

    5.91 miles

  • Sodalicious

    7.16 miles

  • Filiberto's

    7.17 miles

  • Fortune Cookie

    7.22 miles

  • Subway

    7.22 miles

  • Safeway

    7.22 miles

  • Tucson Premium Outlets

    8.69 miles

  • Saks Off 5th

    8.70 miles

  • Basha's (vacant)

    9.12 miles

  • Fry's Food and Drug

    9.85 miles

Contact Listing Broker
Scott Hotchkiss

630 - NRT

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