6400 E Grant Rd - Office FOR SALE


Tucson, AZ 85715- Ward 2
$6,500,000 USD
520-440-2745
6400 E Grant Rd, Tucson, AZ for Sale
$6,500,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

6400 E Grant Rd
Tucson, AZ 85715
Ward 2


HIGHLIGHTS

  • 77% leased multi-tenant professional office situated in Tucson's eastside submarket, whose offering price is below fifty-percent of replacement cost
  • The 44,250 square foot three-story office building is enhanced by first-class contemporary interiors, and large windows with remarkable views.
  • This real estate opportunity offers owner-users and investors a remarkable chance to own a high-quality office with an existing income stream.
  • There are 7 tenants, of whom six have been leasing in the building longer than five years.
  • Owner-User can elect to occupy as much as 6,622 square feet.
  • The project offers a professional office environment for a variety of businesses including financial, health management, product development & sales.

OVERVIEW

Cushman & Wakefield | PICOR is pleased to present the opportunity to acquire Courtyard Centre, 6400 East Grant Road, a 97% leased multi-tenant professional office situated in Tucson’s eastside submarket, whose offering price is below fifty-percent of replacement cost. The 44,250 square foot three-story office building is enhanced by first-class contemporary interiors, and large windows with remarkable views across the Catalina Mountains and the foothills. This real estate opportunity offers owner-users and investors a remarkable chance to own a high-quality office with an existing income stream at sizable discount to market. There are 8 tenants, of whom six have been leasing in the building longer than five years. The project offers a professional office environment for a variety of businesses including financial, health management, product development and sales.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Courtyard Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

180

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,593 SF

ZONING

C-2, Tucson

APN/PARCEL ID

133-16-024L

ASK ABOUT THIS PROPERTY

Rick KleinerCushman & Wakefield | PICORMore Info
520-440-2745

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Rick KleinerCushman & Wakefield | PICORMore Info
520-440-2745

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