Value-Add Freestanding Commercial Asset Sold in Midtown Tucson; Now Available for Lease

TUCSON, AZ (August 1, 2025) — Larsen Baker is pleased to announce the successful sale of a freestanding commercial building located at 2801 E. Grant Road, just east of Tucson Boulevard and adjacent to Tucson Fire Station 5.

Ideal Grant Holdings, LLC purchased the 8,510-square-foot building for $400,000 ($47 PSF). The buyer intends to reposition the asset, which benefits from strong visibility and proximity to midtown neighborhoods and key arterial routes.

The transaction closed on July 17, 2025.

The seller, The Miros Living Trust, was represented by Isaac Figueroa, CCIM, SIOR, with Larsen Baker, while Jeramy Price of Volk Company represented the buyer.

Constructed in 1971, the property sits on a 0.53-acre parcel with flexible zoning and accessibility, making it a candidate for retail, office, or service-oriented redevelopment. Its strategic location along East Grant Road provides a high-traffic corridor for future tenants or users.

The property is now available for lease with Jeremy Price of VOLK Company.

This transaction reflects continued interest in centrally located Tucson commercial assets, particularly among investors seeking value-add opportunities with strong fundamentals.

For more information, Figueroa can be reached at 520.296.0200, and Price can be contacted at 520.441.4771.

Source: RED Comp #11998