3502-3532 Grant Rd Tucson, AZ 85716

Property Details for 3502-3532 Grant Rd

Year built

1979

Property size

21,480 SF

Property type

Retail properties

Property subtype

Retail space

Description

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.