1065 W Grant Road

    Tucson, AZ 85705
    • $1,800,000
    • STATUS: Active Under Contract
    • ID#: 21915627
    Under Contract
    UPDATED: 35 min ago
    $1,800,000
    • 0
      BEDS
    • 1.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,800
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1996
    County:
    Area:

    School Ratings & Info

    Courtesy of Manova Realty Llc.

    Description

    8% cap rate with an established 22 year old business with a new 10 year lease signed. Very few investments come along that allow you to enjoy peace of mind like this, steady cash flow and Grant Business complex is in a redevelopment stage where appreciation will be realized at high rates. Modified Gross - tenant pays everything but property taxes.

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-18T10:06:31.683.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Long Realty - The Vallee Gold Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.valleegoldteam.com/homes/95767225

    1065 W Grant Road Tucson, AZ 85705

    • Price: $1,800,000
    • Status: Active Under Contract
    • Updated: 35 min ago
    • ID#: 21915627
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.58
    Acres
    20,800
    SQFT
    $87
    $/SQFT
    1996
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    8% cap rate with an established 22 year old business with a new 10 year lease signed. Very few investments come along that allow you to enjoy peace of mind like this, steady cash flow and Grant Business complex is in a redevelopment stage where appreciation will be realized at high rates. Modified Gross - tenant pays everything but property taxes.
    Exterior Features

    Construction Steel Frame Fence Chain Link Landscape Front Low Care Landscape Rear Low Care Parking Paved Parking Road Type Paved Roof Built-Up - Reflect

    Interior Features

    Main Cooling Ac CentralEvap Central Main Heating Heat Pump Space Information Ceiling Height 20+Ft Water Heater Natural Gas

    Property Features

    Accessibility Option Handicap ConvertibleRamped Main LevelWide Doorways Analysis Cap Rate Percent 8.00 Analysis Gross Rent Multi 12.50 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Business Location Business Park Contingent Active Contingent Country Usa Expenses Figures Presented Actual Expenses Taxes Assessments 15080.00 Fire Protection Included in Taxes Gas Natural Income Gross Scheduled Rent 144000.00 Income Net Opp Income 128920.00 Income Vacancy Loss 0.00 Lot Dimensions 335X195x296x148x94x36x10 Lot Sqft 68825.00 Multi Tenant No Municipality Zoning Tucson - I1 Property Disclosures Unknown Property Features ADACompliant No Property Sub Type Retail Security Alarm InstalledBarsCamerasSecurity Lights Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2017 Taxes 15080.22 Terms CashConventional Traffic Count Over 200000 Water City

    Listing provided courtesy of Manova Realty Llc. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-18T10:06:31.683.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Long Realty - The Vallee Gold Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    Long Realty - The Vallee Gold Team
    1890 East River Road
    Tucson AZ, 85718
    Courtesy of Manova Realty Llc.
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