Restaurant Building with Existing
For Sale
Contact for pricing
2720 N Oracle Rd, Tucson, AZ 85705
Former restaurant space with existing infrastructure totaling 6,952 square feet.
Property Size6,952 SF
Price / SF$179.80
Days on Market372
Property Features for 2720 N Oracle Rd
General Information
Standard status
Active
Size
6,952 SF
Property subtype
RETAIL
Listing Agency:
Volk Company Commercial Real Estate
(520) 981-3728
Listed By:
Andreas Castillo · License #SA669705000
(520) 981-3728
Source:
Moodyscre
Added: Jul 30, 2025
Changed: Jul 31
Last Checked: Aug 4 at 1:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Volk Company Commercial Real Estate
Investment Insights
Based on property information with market context.
This restaurant building was previously operated as a former restaurant and includes existing infrastructure, supporting continuity for food service users looking to renovate rather than start from scratch.
The property is 6,952 square feet in size, offering a workable footprint for a restaurant concept that can be aligned with the available built-out systems and functional layout elements already in place.
With its existing restaurant infrastructure, the space is well-suited for parties planning an interior refresh or concept change, while retaining key improvements that reduce the scope of baseline buildout.
The property is 6,952 square feet in size, offering a workable footprint for a restaurant concept that can be aligned with the available built-out systems and functional layout elements already in place.
With its existing restaurant infrastructure, the space is well-suited for parties planning an interior refresh or concept change, while retaining key improvements that reduce the scope of baseline buildout.
Key Highlights
- Former restaurant with existing infrastructure
- 6,952 square feet of restaurant space
- Built‑out improvements suitable for food service renovation
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.8k | $16.80 |
| − Vacancy | −$9.3k | −$1.34 |
| EGI | $107.5k | $15.46 |
| − OpEx | −$26.9k | −$3.86 |
| NOI | $80.6k | $11.59 |
6,952 SF · lease $16.80/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.15M
$1.01M – $1.34M
NOI $80,588 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $111,982 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Circle K
Shops & Services
23,954 visits/mo
0.4 miles
Burger King
Dining
11,601 visits/mo
0.4 miles
Mister Car Wash
Shops & Services
11,396 visits/mo
0.5 miles
Jack in the Box
Dining
7,673 visits/mo
0.4 miles
ARCO
Shops & Services
5,206 visits/mo
0.2 miles
Demographics for 85705, AZ
56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
Median Home Value
Market
Vacancy Rate% for Retail in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant space with existing infrastructure totaling 6,952 square feet.
Where is this conventional restaurant located?
The property is located at 2720 N Oracle Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Former restaurant with existing infrastructure; 6,952 square feet of restaurant space; Built‑out improvements suitable for food service renovation
