Office Unit with Road
New
For Sale
$350,000
5987 E Grant Road, Tucson, AZ 85712
Commercial Sale, Tucson, AZ
Property Size1,716 SF
Lot Size0.09 Acres
Price / SF$203.96
Days on Market4
Property Features for 5987 E Grant Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Tucson - 03
Lot features
Decorative Gravel, Shrubs, Borders Common Area, Corner Lot
Directions
Grant and Craycroft, E on Grant Rd Left into Old Farm Executive Park office is grant facing.
Subdivision
Central
Standard status
Active
APN
110160440
Size
1,716 SF
Lot size
0.09 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Year
2026
Tax Description
OLD FARM EXECUTIVE PARK LOT 2
Tax Annual Amount
5841
Legal Description
OLD FARM EXECUTIVE PARK LOT 2
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Amenities
conference room
reception
kitchenette
restroom
Building Details
Year built
1998
Building materials
Frame - Stucco
Roof type
Built-Up
Listing Agency:
OMNI Homes International
(520) 474-1777
Listed By:
Randy Scott Maier
(520) 664-6603
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 22625879
Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,716-square-foot office unit was built in 1998 and is arranged with four private offices, a conference room, reception, kitchenette, and restroom. The property has central air conditioning, heat-pump heating, and a built-up roof. Two uncovered parking spaces are provided, with covered parking available to rent. The office is currently used by a financial advisory business.
Grant Road frontage and on-street signage opportunities support visibility from the corridor, which carries approximately 35,000 to 40,000 vehicles per day. The property is in Old Farm Executive Park, near Costco, shopping, and dining. The parcel measures 0.09 acres and is zoned Tucson 0-3.
Grant Road frontage and on-street signage opportunities support visibility from the corridor, which carries approximately 35,000 to 40,000 vehicles per day. The property is in Old Farm Executive Park, near Costco, shopping, and dining. The parcel measures 0.09 acres and is zoned Tucson 0-3.
Key Highlights
- 1,716‑square‑foot office unit with four private offices
- Conference room, reception, kitchenette, and restroom
- Grant Road frontage with on‑street signage opportunities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,075
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,500
$501.5K
Cap Rate 7%
$358,214
$358.2K
Cap Rate 9%
$278,611
$278.6K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$37.1K $21.60/SF
− Vacancy
−$3.6K −$2.12/SF
EGI
$33.4K $19.48/SF
− OpEx
−$8.4K −$4.87/SF
NOI
$25.1K $14.61/SF
Area
Tucson, AZ
Vacancy
9.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,500
Cap Rate 7%
$358,214
Cap Rate 9%
$278,611
Alternative Uses
Best Use
Office B
$358.2K
$313.4K – $417.9K
NOI $25,075 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$445.8K
$390.1K – $520.1K
NOI $31,204 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,630
Businesses Nearby
Explore this area
Business Placement
Demographics for 85712, AZ
33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value
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Market
Vacancy Rate% for Office in Tucson, AZ
Frequently Asked Questions
What type of property is this?
Office unit - Four private offices accompany a conference room, reception area, kitchenette, and restroom.
Where is this office unit located?
The property is located at 5987 E Grant Road Tucson, AZ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,716‑square‑foot office unit with four private offices; Conference room, reception, kitchenette, and restroom; Grant Road frontage with on‑street signage opportunities
