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Off Market
1/8

4871 E Grant Rd
Tucson, AZ 85712


HIGHLIGHTS

  • New 25-Year Lease | Rare Annual Increases | Options to Extend | Franchisee Guaranteed by Cerca Trova
  • Absolute NNN | Fee Simple Ownership | ZERO Landlord Responsibilities
  • Major Thoroughfare | Excellent Visibility & Access
  • Outparcel to Crossroads Festival Center | Primary Retail Corridor
  • Adjacent to Tucson Medical Center (641 Beds) | Close Proximity to University of Arizona (44,000+ Students)
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

The Outback Steakhouse is strategically located along E. Grant Road (39,600 VPD), a major east/west commuter thoroughfare for the Greater Tucson Metro. The asset is ideally positioned as an outparcel to the Crossroads Festival shopping center anchored by Fry’s, Roadhouse Cinemas, and Bed Bath & Beyond, promoting crossover traffic to the site. Other nearby national/credit tenants include Target, Costco, Whole Foods, Ross, Trader Joes, PetSmart, and more, further increasing consumer draw to the trade area. Additionally, the property sits adjacent to the Tucson Medical Center (641 beds), a regional hospital with over 30,000 inpatients and 120,000 outpatients annually, providing a direct consumer base to draw from. Moreover, the asset is just 4 miles northeast of the University of Arizona with over 44,000 students currently enrolled. The 5-mile trade area is supported by a dense population of over 275,800 residents with an average household income of $65,215.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Outback Steakhouse | New 25Yr Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

6561

STORIES

1

YEAR BUILT

1995

SPRINKLERS

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PARKING SPACES

75

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

110-11-368B