Furnished Office
For Sale
$650,000
6103 E Grant Rd, Tucson, AZ 85712
Two single-story suites are separately metered and currently configured as one larger office.
Property Size2,693 SF
Price / SF$241.37
Days on Market146
Property Features for 6103 E Grant Rd
General Information
Standard status
Active
Size
2,693 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Office Units
2
Building Details
Year Built
1987
Buildings
2
Listing Agency:
Tierra Antigua Realty
Listed By:
Becca Grappin · License #SA638957000
(520) 678-1593
Source:
Viewtucsonhomesforsale
Added: May 28
Changed: Oct 1
Last Checked: Oct 19 at 7:21AM
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 Tierra Antigua Realty
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Investment Insights
Based on property information with market context.
This office property includes two separately metered, single-story units at 6103 and 6105 E Grant Rd, currently arranged for use as one larger office. Updated flooring, fixtures, a kitchen, and bathrooms contribute to the current configuration. Furniture, including office tables, desks, and chairs, is included in the sale.
The property occupies a corner lot within Old Farm Executive Park and provides ample on-site parking. Built in 1987, the property is identified with O-3 zoning and has a total property size of 2693.
The property occupies a corner lot within Old Farm Executive Park and provides ample on-site parking. Built in 1987, the property is identified with O-3 zoning and has a total property size of 2693.
Key Highlights
- Two separately metered single‑story office units currently used as one larger office
- Updated flooring, fixtures, kitchen, and bathrooms
- Sale includes office tables, desks, and chairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,351
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,020
$787.0K
Cap Rate 7%
$562,157
$562.2K
Cap Rate 9%
$437,233
$437.2K
Market Conditions
NOI Build-Up for 2,693 SF
Gross rent
$58.2K $21.60/SF
− Vacancy
−$5.7K −$2.12/SF
EGI
$52.5K $19.48/SF
− OpEx
−$13.1K −$4.87/SF
NOI
$39.4K $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%
$787,020
Cap Rate 7%
$562,157
Cap Rate 9%
$437,233
Alternative Uses
Best Use
Office B
$562.2K
$491.9K – $655.9K
NOI $39,351 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$699.6K
$612.1K – $816.2K
NOI $48,970 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
1,609
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tucson, AZ
Frequently Asked Questions
What type of property is this?
Office unit - Two single-story suites are separately metered and currently configured as one larger office.
Where is this office unit located?
The property is located at 6103 E Grant Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two separately metered single‑story office units currently used as one larger office; Updated flooring, fixtures, kitchen, and bathrooms; Sale includes office tables, desks, and chairs
