4625 E Grant Rd

4625 E Grant Rd , Tucson, Arizona, 85712 | 5,036 sq.f | $ 1,900,000

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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