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6400 E Grant Rd
Tucson, AZ 85715
Courtyard Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Three-story office building with an interior landscaped courtyard
- Immediate proximity to a host of commercial services ranging from shopping and dining to medical, leisure and hospitality
- All tenant suites are accessed from the inside of the courtyard via outside corridors, each of which are canopied
- Offers a professional office environment for a variety of businesses including financial, health management, product development and sales.
EXECUTIVE SUMMARY
Cushman & Wakefield | PICOR is pleased to present the opportunity to acquire Courtyard Centre, 6400 East Grant Road, a 97% leased multi-tenant professional office situated in Tucson’s eastside submarket, whose offering price is below fifty-percent of replacement cost.
The 44,250 square foot three-story office building is enhanced by first-class contemporary interiors, and large windows with remarkable views across the Catalina Mountains and the foothills. This real estate opportunity offers owner-users and investors a remarkable chance to own a high-quality office with an existing income stream at sizable discount to market. There are 8 tenants, of whom six have been leasing in the building longer than five years. The project offers a professional office environment for a variety of businesses including financial, health management, product development and sales.
The 44,250 square foot three-story office building is enhanced by first-class contemporary interiors, and large windows with remarkable views across the Catalina Mountains and the foothills. This real estate opportunity offers owner-users and investors a remarkable chance to own a high-quality office with an existing income stream at sizable discount to market. There are 8 tenants, of whom six have been leasing in the building longer than five years. The project offers a professional office environment for a variety of businesses including financial, health management, product development and sales.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
44,250 SF
Building Class
B
Year Built
1989
Price
$9,073,480 CAD
Price Per SF
$205.05 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,750 SF
Slab To Slab
10’
Building FAR
0.41
Lot Size
2.47 AC
Zoning
C-2, Tucson - Commercial and office use. C-2
Parking
180 Spaces (4.07 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Courtyard
- Signage
- Central Heating
- Natural Light
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 133-16-024L | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $635,918 CAD |
PROPERTY TAXES
Parcel Number
133-16-024L
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$635,918 CAD
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