Orange Grove Village
Closed6421 N Oracle Blvd, Tucson, AZ 85704
Property type
Retail
Price
$6,450,000
Building size
19,154 sf
Rentable area
19,154 SF
Year built
1964
Year renovated
2022
Occupancy
Zoning code
Lot size
2.99 Acres
Sold/status
Sold · Date unknown
Sale price
$6450000
Property description
Orange Grove Village is a 19,154-square-foot neighborhood retail center strategically located at the signalized northwest corner of Oracle Road and Orange Grove Road in Tucson, Arizona. The property is positioned within one of Tucson's most established and affluent trade areas, serving the rapidly growing northwest submarket and Oro Valley. More than 250,000 residents live within a 15-minute drive, supported by average household incomes exceeding $104,000, while Oracle Road carries approximately 38,500 vehicles per day and Orange Grove Road sees nearly 23,000 vehicles daily, providing exceptional visibility and accessibility. Orange Grove Village is currently 96.08% occupied with a diverse mix of eleven daily-needs retailers, restaurants, and service-oriented tenants. The center benefits from a seasoned tenant roster, including several operators that have occupied the property for more than two decades, creating consistent customer traffic and long-term stability. A significant capital improvement program completed in 2022 invested approximately $1 million into the property, including a new roof, parking lot improvements, and multiple tenant buildouts, reducing near-term capital requirements for a future owner.
Property highlights
- Seasoned, Quality Service Retail Stores & Restaurants Driving Traffic to the Center
- Outstanding Visibility: 61,500 VPD combined at intersection
- Center Completed a $1M Remodel in 2022 (included Reroof & Parking Lot Reseal)
- 5 Tenants have been in the Center for 20-30 Years
- Orange Grove is a Major East/West Arterial Connecting with I-10 to the West and Skyline Blvd and the Catalina Foothills to the East
- Future Pad Opportunity with a 20,000 SF PAD Fronting Orange Grove Rd