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Former Applebee's Restaurant Available
For Sale
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4625 E Grant Rd, Tucson, AZ

Fully fixturized restaurant space with high visibility for sale.

Property Size5,036 SF
Lot Size1.27 Acres
Price / SF$277.01
Days on Market344

Property Features for 4625 E Grant Rd

General Information

Standard status Active
Size 5,036 SF
Lot size 1.27 Acres
Property subtype RETAIL
Listing Agency: Volk Company Commercial Real Estate
Listed By: Jeramy Price · License #SA650998000
Source: Moodyscre
Added: Aug 21, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:11AM

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 is a fully fixturized former Applebee's restaurant space available for sale. The property offers high visibility to major intersections. The property size is 5036 square feet and it is located at 4625 E Grant Rd, Tucson, AZ.

Key Highlights

  • Fully fixturized former Applebee's restaurant space.
  • High visibility to major intersections.

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 $72.5k $14.40
− Vacancy −$4.1k −$0.82
EGI $68.4k $13.58
− OpEx −$17.1k −$3.39
NOI $51.3k $10.18
5,036 SF · lease $14.40/SF/yr · vacancy 5.70% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$732.7K
$641.1K – $854.8K (±1% cap)
NOI $51,289 @ 7.0% cap · market cap 3.68%
Second Best
Retail
$683.8K
$598.4K – $797.8K (±1% cap)
NOI $47,869 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M (±1% cap)
NOI $91,576 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Turn key restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Auto Repair Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,689
Businesses Nearby
431k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 37% Dining 34% Superstores 22% Groceries 6%
Target Superstores
96,233 visits/mo 0.2 miles
Costco Gasoline Shops & Services
62,426 visits/mo 0.4 miles
Chick-fil-A Dining
45,247 visits/mo 0.2 miles
QuikTrip Shops & Services
43,725 visits/mo 0.5 miles
McDonald's Dining
37,996 visits/mo 0.2 miles

Market

Properties on Market for Restaurants in Tucson

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in Tucson, AZ

7.4% 2019
8.3% 2020
7.5% 2021
6.8% 2022
6.5% 2023
6.4% 2024
6.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Spirited Nuptials — 2456 N Orchard Ave, Tucson, AZ 85712

Frequently Asked Questions

What type of property is this?
Restaurant - Fully fixturized restaurant space with high visibility for sale.
Where is this restaurant located?
The property is located at 4625 E Grant Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Fully fixturized former Applebee's restaurant space.; High visibility to major intersections.
(520) 441-4771 Call to check price and availability
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