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6421-6453 N Oracle Rd
Tucson, AZ 85704
Orange Grove Village · Retail Property For Sale
Investment Highlights
- Multi-Tenant Retail Strip Center
Executive Summary
Seasoned, quality daily need retail stores and restaurants that drive
traffic to the center.
• Six restaurants, including top rated and seasoned operators.
• Restaurants drive traffic, creates a good atmosphere, are hard to
relocate and are relatively quick to release, usually for higher rent.
• Five tenants have been in the center for 20-30 years.
traffic to the center.
• Six restaurants, including top rated and seasoned operators.
• Restaurants drive traffic, creates a good atmosphere, are hard to
relocate and are relatively quick to release, usually for higher rent.
• Five tenants have been in the center for 20-30 years.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
19,154 SF
Building Class
C
Year Built/Renovated
1964/2020
Price
$6,900,000
Price Per SF
$360.24
Cap Rate
6.19%
NOI
$426,860
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
2.99 AC
Zoning
CB-1 - CB-1, Commercial
Parking
125 Spaces (6.53 Spaces per 1,000 SF Leased)
Frontage
435’ on Oracle Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $337,395 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$337,395
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