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Property profile & analytics
FOR LEASE
Strip malls
60 N Harrison Rd, Tucson, AZ 85748
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0156503
For Lease
1 / 2
$1,480,000
60 N Harrison Rd, Tucson, AZ 85748
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Property summary
AI-generated overview
This exceptional retail opportunity is located at 60 N. Harrison Rd in Tucson, Arizona, within Pima County. The property, a strip center, offers a total of 87,000 square feet, with multiple tenancy options. Currently, there are 3,900 square feet of vacant retail space available, divisible into units ranging from a minimum of 1,300 square feet to a maximum contiguous space of 2,600 square feet. This prime location presents an ideal setting for a variety of retail businesses seeking high visibility and accessibility. The address is easily accessible and situated in a well-established commercial area. The property's size and flexibility make it suitable for a range of retail concepts, from smaller boutiques to larger-scale operations. The available space provides a chance to establish a strong presence in a thriving Tucson market. Interested parties are encouraged to inquire about lease terms and availability. The property is situated in the 85748 zip code.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
FRAME
Total area
10,498 SF
Lot
1.94 ac (84,426 SF)
APN
133-36-9690
UPID
US07-0156503
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Inverse Jiu Jitsu Tucson Training Center Sports School
-
Girlfriends Closet Clothing & Fashion Store
-
Posh Paws Grooming Pet Grooming Service
-
Gentlemen's Cutz Barber Shop Barber Shop
-
Alliance Jiu Jitsu Tucson Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.65M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Dave Grabbert Ranch INC · 18 yrs held
Dave Grabbert Ranch INC
since 2008
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tucson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,780,000
6.5%
$1,645,000
7%
$1,525,000
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$141 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,046
Tax year 2023
Assessed value
$217,309
Assessed 2024
Previous assessed
$217,309
+0.0% YoY
Effective rate
9.68%
On assessed value
Assessed land
$83,734
Assessed improvement
$133,575
Land market value
$465,187
Improvement market value
$742,083
Total market value
$1,207,270
Applied tax rate
150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2003
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
10,498 SF
Lot
1.94 ac (84,426 SF)
APN
133-36-9690
UPID
US07-0156503
Jurisdiction
PIMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Dave Grabbert Ranch INC
Entity
Free & Clear · 18 yrs held
Mailing address
5151 E BROADWAY BLVD STE #115, TUCSON, AZ 85711-3780
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2008
—
Dave Grabbert Ranch INC
Arneson Ranch INC
Grant Deed
related
—
Oct 21, 2004
$6,885,343
Arneson Ranch INC
Pacific Ridge Land III LLC
Grant Deed
related
$1,580,000 · First National Bank Olathe
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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