6584 N Oracle Rd
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6584 N Oracle Rd
1,989 SF Retail Building Tucson, AZ 85704 $745,000 ($375/SF) 13.28% Cap Rate
Executive Summary
Exceptional Freestanding Retail Building operating as a successful Salon/Day Spa and includes all FF&E. Located in the Highly Desirable Northwest Tucson Submarket adjacent to The Town of Oro Valley, along Oracle Road/State Route 77. This property boasts historic charm, originally built as part of a southwestern style guest ranch believed to have been designed by famed architect Josias Joesler. Having been converted into office and retail uses, the building has served as a salon for several decades. Featuring attractive interior finishes and mature landscaping in a serene outdoor space with private patios, this special property is impeccably maintained and professionally operated. Can serve as an investment or exciting business for an operator.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,989 SF
Building Class
B
Year Built
1989
Price
$745,000
Price Per SF
$375
Cap Rate
13.28%
NOI
$98,954
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.31 AC
Zoning
CB-1, Pima County - CB-1 zoning (Pima County)
Parking
20 Spaces (10.06 Spaces per 1,000 SF Leased)
Frontage
86 FT on Oracle
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Courtyard
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 102-03-3250 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $48,367 |
PROPERTY TAXES
Parcel Number
102-03-3250
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$48,367
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6584 N Oracle Rd
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