InCommercial Net Lese DST 4 Acquires Retail Property In Tucson, AZ For $4.2M
4871 E Grant Rd, Tucson, AZ, USA
$4,214,979
$676/SF
Building Size
6,228 SF
Asset Type
Retail
Closing
Sep 29, 2021
About this deal
AI
The retail property located at 4871 E Grant Rd in Tucson, AZ, was recently sold in a transaction. The property spans 6,228 square feet and was sold for a total price of $4,214,979, resulting in a price per square foot of $677. The sale took place on September 29, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,214,979
- Address: 4871 E Grant Rd, Tucson, AZ
- Market: Tucson, AZ
- Square Footage: 6,228
- Buyer: InCommercial Net Lese DST 4
- Seller: Limestone Asset Management - Ibrahim Al-Rashid, Orion Real Estate Group - Shira Orion
The buyer in this transaction was InCommercial Net Lese DST 4. The seller consisted of two entities: Limestone Asset Management with Ibrahim Al-Rashid, and Orion Real Estate Group with Shira Orion. These individuals and companies played crucial roles in the successful completion of the deal.
Players
Tucson Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Arizona retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.76%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93