1570 W Grant Rd, Tucson, AZ 85745

$1,600,000
Property Type: Commercial Square Footage: 6,850 Lot Size (sq. ft.): 86,248 Status: Closed
Current Price: $1,600,000 List Date: 6/25/2021 Last Modified: 12/13/2024

Overview

Description

Chevron Gas Station on near Grant & I-10! 10-pump gas station leased by Chevron, auto repair shop, small office, and auto detailing. This property is in a qualified opportunity zone which provides capital gains incentives for investment Total square footage 6,850 and also includes a 3,334 SQFT Canopy. Over 50 parking spaces. Recently painted April 2021. Chevron has a rebuilt roof Sept 2021. Other Buildings have a recoated roof Sept 2021. Asphalt was resealed Sept 2021. Convenience Store has Kitchen, Drive-Thru, & a very open floorplan. Auto Repair Shop has 4 bays, private office, restrooms, storage, and fenced area. Auto Detailing is a 1 bay that holds two cars with a office attached to the auto repair shop.

Listing Details MLS# 22113118

Address Information

Street #
1570
Direction
W
Street Name
Grant Rd
State/Province
AZ
Zip Code
85745
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
107-04-0100
Area
West

General Property Information

Property Sub-Type
Retail
Construction Status
Existing
Year Built
1998
Lot Dimensions
Irregular
Lot Acres
1.98
Lot Sqft
86248.8
Lot Size Source
Assessor
Combined SqFt
6850
Source of SqFt
Owner
List Price/SqFt
233.58
Lot Size Price/SqFt
18.55

Property Features

Property Features: Drive-Thru; Drop Ceiling; Skylight; Storage Construction: Concrete Block Roof: Built-Up Fenced Storage: Yes Main Cooling: Zoned Main Heating: Natural Gas; Zoned Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: Entry; Ramped Main Level; Wide Doorways Security: Alarm Installed; Closed Circuit Camera(s); Security Lights Fence: Chain Link Landscape - Front: None Landscape - Rear: None Road Type: Paved Parking: Free; Parking Lights; Paved Parking; Public Parking Lot Features: Adjacent to Wash; Corner Lot Traffic Count: 35,001 to 50,000 Terms: Cash; Conventional; Exchange; Submit Possession: Negotiable Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Unknown Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

Status Change Info

Off Market Date
2021-10-05
Pending Date
2021-12-21
Sold Date
2021-12-22
Sold Price/SqFt
233.58
Lot Sz Sold Prc/SqFt
18.55
Financing
Cash

More Information

Showing Information

Directions
I-10/Grant - W to property on North side of the street.

Income

Gross Scheduled Rent
111351

Analysis

Cap Rate %
5

Expenses

Gas/Electric
4644
Taxes/Assessments
26031
Water/Sewer
1200
Other Expenses
5350

Unit Information

Retail
Conv. Store/Gas Station
Other
Auto Repair/Detail

Property Features

A.D.A. Compliant
Yes

Electric

Electric Company
TEP
IDX
Listing Office: Long Realty
Last Updated: December - 13 - 2024
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