2545 E Speedway Blvd - Storefront Retail/Office FOR SALE


Tucson, AZ 85716- Blenman-Elm
$3,389,000 USD
602-734-7218
2545 E Speedway Blvd, Tucson, AZ for Sale
$3,389,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 6.25% Cap Rate

2545 E Speedway Blvd
Tucson, AZ 85716
Blenman-Elm


HIGHLIGHTS

  • Speedway Shops is 100% leased to a cohesive roster of internet resistant, service-oriented tenants
  • Scheduled rental escalations throughout the initial lease terms and remaining option periods
  • Strong historic occupancy with half of the tenants having occupied the space for more than 10 years or more
  • Less than 1/2 mile from the University of Arizona with over 54,000 total students and 5,200 staff
  • Proximity to Banner University Medical Center Tucson, named Best Regional Hospital by U.S. News and World Report, with ±649 beds

FOR SALE DETAILS

PRICE

$3,389,000 USD

PRICE/SF

$442 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C-1

APN/PARCEL ID

123-08-082A

ASK ABOUT THIS PROPERTY

John SchweikertPhoenix Commercial AdvisorsMore Info
602-734-7218

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John SchweikertPhoenix Commercial AdvisorsMore Info
602-734-7218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.