4801 E Broadway Blvd - Office FOR SALE


Tucson, AZ 85711- Poets Square
$11,425,000 USD
602-339-3131
4801 E Broadway Blvd, Tucson, AZ for Sale
$11,425,000 USD
Office - FOR SALE
1/5
null | 8.1% Cap Rate

4801 E Broadway Blvd
Tucson, AZ 85711
Poets Square


HIGHLIGHTS

  • A ±4.2-year WALT, coupled with an average historical lease tenure of approximately ±11.2 years across the current tenant roster
  • Located along the Broadway Business Corridor, Tucson’s most desirable and identifiable professional services address
  • ±97% leased to professional service tenants
  • Surrounded by a robust retail amenity corridor,

OVERVIEW

• Five (5)-story, multi-tenant office building with a fully improved basement, totaling ±86,022 SF and an adjacent two (2)-level semi-subterranean parking garage. • ±97% leased to professional service tenants spanning medical, legal, accounting, financial services, defense research, logistics, and staffing. • A ±4.2-year WALT, coupled with an average historical lease tenure of approximately ±11.2 years across the current tenant roster, underscores the asset’s demonstrated stability and strong tenant retention. • Located along the Broadway Business Corridor, a three (3)-mile stretch of Broadway Boulevard that serves as Tucson’s most desirable and identifiable professional services address — offering prestige and tenancy akin to the Camelback Corridor in metro Phoenix. • Freshly renovated property with over $2.7 million invested in capital expenditures from 2020 to 2025 which include new tenant improvements for a majority of suites. • Efficient floor plates with a four-elevator core and flexible layout accommodate a wide range of tenant sizes while maintaining window/view-rich suites. • Proximity to Tucson’s most desirable residential neighborhoods, El Encanto, Sam Hughes, and Colonia Solana, creating a mutually reinforcing relationship that supports both the property’s tenant demand and the lifestyle needs of the surrounding community. • Surrounded by a robust retail amenity corridor, the property benefits from proximity to the 1.1 million-square foot Park Place Mall and a dense mix of neighborhood centers and big-box retailers along Broadway Boulevard.

FOR SALE DETAILS

PRICE

$11,425,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

8.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

540

LAND DETAILS

LAND ACRES

3.81 AC

LAND SF

165,964 SF

ZONING

C-3 & P, Tucson

APN/PARCEL ID

127-01-002C

ASK ABOUT THIS PROPERTY

Eric WichtermanCushman & WakefieldMore Info
602-339-3131

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

Eric WichtermanCushman & WakefieldMore Info
602-339-3131

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