About This Restaurant
Investment Highlights
Brand new roof as of 2021. Located at the highly trafficked Grant Road and Swan Road intersection. Situated adjacent to Dutch Bro. Coffee.
Executive Summary
We are pleased to offer sale of freestanding restaurant building located near The Garden District of Tucson, the second largest city in Arizona. Located only few miles away from University of Arizona and the Park Place mall, the property has permitted plans for: 5,036 square foot restaurant concept with patio. Property has a potential for 6,600 square foot expansion concept and 2,200 square foot drive-thru concept with patio. The Property is near major retailers including Trader Joe's, Fry's, PetSmart, Starbucks and Chipotle. Directly adjacent to the Property is Dutch Bros. Coffee drive-thru attracting approximately 3,900 visits per month. A former Applebee's, the Property is fully fixtured with well-equipped commercial kitchen, commercial grade hoods and 2 walk-in freezers. In addition, property has newer roof (2021) and 2 new HVAC (2023) units. Please contact the broker for Offering Memorandum.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Freestanding Restaurant
- Building Size 5,036
- Building Class B
- Year Built 2000
- Price 1,900,000
- Price Per SF 377
- Percent Leased Vacant
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 3.43 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Amenities & Transportation
Retail | Dutch Bros. Coffee | ||
Retail | Panda Express | ||
Retail | Jenny Craig | ||
Retail | Fry?s Food Stores | ||
Retail | Starbucks | ||
Retail | Smashburger | ||
Retail | First Watch | ||
Retail | Trader Joe's | ||
Retail | PNC Bank | ||
Retail | Outback Steakhouse |
Property Taxes
Parcel Number | 110-08-307B | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $149,569 |
Date Created: | 2024-07-16 04:09:20 | Last Updated: | 2024-07-16 04:09:20 |
Address: | 4625 E Grant Rd , Tucson, Arizona, 85712 |