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    Professional Office with Ample Light Title is generated by Realmo AI

    5981 E Grant Rd, Tucson, AZ

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    Professional office space with easy access and natural light.

    Type:OFFICE
    Property size:
    3,318 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $250/SF
    Added:
    Jul 4, 2025
    Days on Market:
    351
    Last Refresh:
    May 19 at 8:30 pm

    Property Features for 5981 E Grant Rd

    General Information

    Standard status
    Active
    Size
    3,318 SF
    Lot size
    0.04 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Hunter Chasse

    Listing agent Hunter Chasse

    Listing office LevRose Commercial Real Estate

    Listing date Jul 4, 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 LevRose Commercial Real Estate

    HighLights

    • Tremendous window exposure allowing an ample amount of natural light
    • Effortless pull up parking for easy access
    • Highly desired professional and medical office complex

    Overview

    This 3,318 square foot office space is located within a professional and medical office complex. The property benefits from substantial window exposure, allowing ample natural light into the office. Effortless pull-up parking provides easy access to the suite.

    Local Financial Insights For Office B

    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 $71.7k $21.60
    − Vacancy −$7.0k −$2.12
    EGI $64.6k $19.48
    − OpEx −$16.2k −$4.87
    NOI $48.5k $14.61
    3,318 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $692.6K
    $606.1K – $808.1K (±1% cap)
    NOI $48,484 @ 7.0% cap · market cap 5.84%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $861.9K
    $754.2K – $1.01M (±1% cap)
    NOI $60,336 @ 7.0% cap · market cap 7.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farmers Insurance - John ... Insurance Agency Hunter Nancy L Physician Diane Goedecke Physician Dr. Scott Ungar Physician Scott Andrew Ungar Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.865
    Latitude
    32.252

    FAQs

    What type of property is this?
    Office units - Professional office space with easy access and natural light.
    Where is this office units located?
    The property is located at 5981 E Grant Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $830,000.
    What are key features of this property?
    This property features: Tremendous window exposure allowing an ample amount of natural light; Effortless pull up parking for easy access; Highly desired professional and medical office complex
    (480) 947-0600 Call to check price and availability
    More about this property
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