PROPERTY LOCATION Park Place Mall 5870 East Broadway Boulevard Tucson, Arizona 85711 map it PROPERTY SUMMARY Type: Retail Class: B Price: Contact Broker   Listed Measurement/Yardstick: 478,333 Sq Ft Number of Buildings: 0 Number of Floors: 1 Occupancy: 95% Year Built: 1965 Year Renovated: 2019 PROPERTY DESCRIPTION Single-level 478,333 sf regional mall (Built 1965/Reno 2019) located in central Tucson, 4 miles east of the U of Arizona. Non-collateral anchors include Dillard's (202k sf), an ex-Sears (222k sf, closed 2018) and has been partially redeveloped by its ownership with Round 1 (51k sf) in 2019. Remaining 171k sf is vacant. Non-collateral Macy's closed their 160k sf department store in Aug '20. Macy's is currently for lease/sale. Major tenants include Century Theatres, Yardhouse, H&M, Total Wine & Ulta. Anchor tenants (Dillard' s, former Macy' s, former Sears) are under 3 separate ownerships and therefore excluded from the collateral. Property contains surface & parking garage for an overall ratio of 5.5/1000 sf. Tl 2 inline sales $525/sf.

For more information contact   Thomas Dobrowski Newmark thomas.dobrowski@nmrk.com Tel: 212-372-0751 https://www.nmrk.com