Current Use by Public Records
- Retail properties & Spaces
Property Details for 3502-3532 Grant Rd
- Year built
- 1979
- Property type
- Retail properties & Spaces
- 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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.918
- Latitude
- 32.2503
