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    Ross Dress For Less Title is generated by Realmo AI

    5550 E Grant Rd, Tucson, AZ

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    25,798 SF NNN leased retail in Tucson, AZ.

    Type:RETAIL
    Property size:
    25,798 SF
    Lot size:
    2.75 Acres
    Price / SF:
    $157/SF
    Added:
    Sep 5, 2025
    Days on Market:
    282
    Last Refresh:
    May 20 at 8:50 pm

    Property Features for 5550 E Grant Rd

    General Information

    Standard status
    Active
    Size
    25,798 SF
    Lot size
    2.75 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Chase Dorsett
    Chase Dorsett

    Listing agent Steve Julius

    Listing office Newmark | Phoenix

    Listing date Sep 5, 2025

    Source Moodyscre

    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 Newmark | Phoenix

    HighLights

    • Single‑tenant NNN lease provides a passive income stream.
    • Located at a lighted intersection with high traffic volume (68,000+ vehicles per day) offering excellent visibility.
    • Leased to Ross Dress For Less, a well‑established off‑price retailer.
    • Situated on a 2.47‑acre parcel next to Chuze Fitness.
    • Proximity to major destinations: 10 minutes from the University of Arizona and 20 minutes from Tucson International Airport.
    • Property size: 25,798 square feet.

    Overview

    The property is a 25,798-square-foot retail space occupied by Ross Dress For Less, situated on a 2.47-acre parcel. The single-tenant property operates under a NNN lease. Located at the southwest corner of Grant Road and Craycroft Road, the site benefits from a lighted intersection and visibility to over 68,000 vehicles per day. The property is located 10 minutes east of the University of Arizona campus and 20 minutes north of the Tucson International Airport.

    Local Financial Insights For 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 $371.5k $14.40
    − Vacancy −$21.2k −$0.82
    EGI $350.3k $13.58
    − OpEx −$105.1k −$4.07
    NOI $245.2k $9.51
    25,798 SF · lease $14.40/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.50M
    $3.07M – $4.09M (±1% cap)
    NOI $245,221 @ 7.0% cap · market cap 6.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.70M
    $5.86M – $7.82M (±1% cap)
    NOI $469,119 @ 7.0% cap · market cap 11.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ross Dress for Less Department Store Amazon Locker - Emotions Postal Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.872
    Latitude
    32.2499

    FAQs

    What type of property is this?
    Retail space - 25,798 SF NNN leased retail in Tucson, AZ.
    Where is this retail space located?
    The property is located at 5550 E Grant Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $4,072,000.
    What are key features of this property?
    This property features: Single‑tenant NNN lease provides a passive income stream.; Located at a lighted intersection with high traffic volume (68,000+ vehicles per day) offering excellent visibility.; Leased to Ross Dress For Less, a well‑established off‑price retailer.
    (602) 952-3800 Call to check price and availability
    More about this property
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