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    3502-3532 Grant Rd Tucson, AZ 85716

    For Lease
    $9 SF/Yr ($16,110 /Mo)

    Tucson Storefronts, Multiple Units Available

    Lot size:
    21,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Grant Plaza presents a compelling investment opportunity in Tucson, Arizona. This mixed-use property, totaling 21,480 square feet, sits on a 1.4-acre lot and boasts a prime location on a major east-west arterial. Built in 1979, the property is zoned C-2, allowing for a variety of commercial uses. Currently, there are two available retail spaces, one measuring 1,920 square feet and the other 2,520 square feet. The building features a blend of office and retail tenants, offering diverse income streams. Several spaces are already equipped with office build-outs, providing flexibility for potential tenants. Lease rates are highly competitive, making this an attractive proposition for businesses seeking affordable and well-located space. The property benefits from low net-net-net (NNN) expenses, estimated at $3.50 per square foot, minimizing operational costs. This central Tucson location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking strong foot traffic and convenient access for customers and employees. The property's size and zoning provide ample opportunity for expansion or redevelopment. This is a rare opportunity to acquire a well-positioned commercial property in a thriving market.

    Property Features for 3502-3532 Grant Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,480 SF
    Total Rate
    16110

    Building Details

    Year Built
    1979

    Unit(s) available at that property

    Space
    Suite 3532
    Size
    1,920 SF
    Rate per SF
    $9
    Space
    Suite 3508-3510
    Size
    2,520 SF
    Rate per SF
    $9

    HighLights

    • Grant Plaza: 21,480 SF retail center on a 1.4‑acre lot in Pima County.
    • Two available retail spaces ranging from 1,920 SF to 2,520 SF.
    • Building features multiple tenants, with some spaces offering existing office build‑outs.
    • Property boasts aggressive lease rates and flexible space configurations.
    • Located on a major east‑west arterial with C‑2 zoning.
    • Low estimated NNN expenses of $3.50/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -110.9179191604
    Latitude
    32.250284948847

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    FAQs

    What type of property is this?
    Individual retail property - Tucson Storefronts, Multiple Units Available
    Where is this individual retail property located?
    The property is located at 3502-3532 Grant Rd Tucson, AZ.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Grant Plaza: 21,480 SF retail center on a 1.4-acre lot in Pima County.; Two available retail spaces ranging from 1,920 SF to 2,520 SF.; Building features multiple tenants, with some spaces offering existing office build-outs.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3502-3532 Grant Rd Tucson, AZ 85716
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