5524 E Grant Road, Tucson, AZ 85712
$1,100,000
Property Type:
Commercial
Square Footage:
2,588
Lot Size (sq. ft.):
55
Status:
Closed
Current Price:
$1,100,000
List Date:
3/08/2005
Last Modified:
10/25/2024
Description
Great investment opportunity. Single Tenant is a National Franchise with a Fresh 15 year lease over $250K recently invested in building upgrades. 5 yr Rent Esc. Clause of 7% NNN lease. Call LA for info regarding % of sales.
More Information MLS# 2506039
Address Information
Country: USA
Street #: 5524
Direction: E
Street Name: Grant
Suffix: Road
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2004
Taxes: 15519
Assessments: 0
Legal Description: Grant/Craycroft Shopping Center Lot C exc w110.79' there of.
Municipality/Zoning: Tucson - C1
Fire Protection: Included in Taxes
Tax Code: 121-05-023A
Area: Central
Status Change Info
Off Market Date: 2005-04-15
Sold Price/SqFt: 425.03
Lot Sz Sold Prc/SqFt: 55.01
Financing: Cash
Pending Date: 2005-04-04
Sold Date: 2005-04-15
Sold Price: $1,100,000
Showing Information
Directions: Grant/Craycroft E to address.
General Property Information
Lot Dimensions: Irregular
Lot Acres: 0.46
Lot Sqft: 19994
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 425.04
Lot Size Price/SqFt: 55.01
Year Built: 1984
Combined SqFt: 2588
Electric
3 Phase Power: Yes
Master Meter: Yes
Income
Adjusted Gross: 72000
Gross Scheduled Rent: 72000
Net Opp Income: 72000
Analysis
Gross Rent Multi: 15.28
Cap Rate %: 6.55
Construction
Frame - Stucco: 1
Expenses
Figures Presented: Proforma
Sewer
Connected: 1
Water
Public: 1
Property Features
A.D.A. Compliant: Yes
Phase 1 Report: No
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Terms
Submit: 1
Property Disclosures
Unknown: 1
Contract Information
Current Price: $1,100,000
Sold Price: $1,100,000
Listing Date: 2005-03-08
Status: Closed
Remarks Misc
Geo Lat: 32.250193
Geo Lon: -110.873672
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Terms: Submit
Property Disclosures: Unknown
Listing Office: Coldwell Banker Realty
Last Updated: October - 25 - 2024
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