5550 E Grant Rd - Freestanding FOR SALE


Tucson, AZ 85712- Ward 6
$4,072,000 USD
602-770-3245
5550 E Grant Rd, Tucson, AZ for Sale
$4,072,000 USD
Freestanding - FOR SALE
1/4
null | 7.5% Cap Rate

5550 E Grant Rd
Tucson, AZ 85712
Ward 6


HIGHLIGHTS

  • PUBLICLY TRADED INVESTMENT GRADE TENANT
  • EXTREMELY HIGH-TRAFFICKED INTERSECTION OF GRANT RD/ CRAYCROFT RD
  • EXCELLENT HISTORICAL OCCUPANCY AND COMMITMENT TO LOCATION
  • ADJACENT TO TUCSON MEDICAL CENTER, TUCSON’S SECOND LARGEST HOSPITAL
  • JUST ONE-MILE SOUTH OF TUCSON’S UPSCALE, AFFLUENT CATALINA FOOTHILLS COMMUNITY
  • STRONG RETAIL CORRIDOR WITH NUMEROUS NATIONAL NAMES

OVERVIEW

Newmark Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire Ross Dress For Less at 5550 E Grant Rd, Tucson (the Property), a 25,798-square-foot off price retailer in Tucson, AZ. This unique investment consists of a single tenant on a NNN lease. This site sits on a 2.47 acre parcel directly next to Chuze Fitness. The property is located on the south west corner of Grant Road and Craycroft Road with a lighted intersection and excellent visibility to more than 68,000 vehicles per day. In addition, the asset is just 10 minutes east of the University of Arizona campus and 20 minutes north of the Tucson International Airport.

FOR SALE DETAILS

PRICE

$4,072,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

107

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,724 SF

ZONING

C-1, Tuscon

APN/PARCEL ID

121-05-021A

ASK ABOUT THIS PROPERTY

Steve JuliusNewmark, Inc.More Info
602-770-3245

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Steve JuliusNewmark, Inc.More Info
602-770-3245

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.