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Net Leased Investment - Upside Potential 5925 E Broadway Blvd 29,486 SF 70% Leased Retail Building Tucson, AZ 85711 $6,400,000 ($217.05/SF) 6.26% Cap Rate
Investment Highlights
- Directly across the street from the main entrance to Park Place Mall, Tucson's dominant regional mall
- Rare vacancy on highly visible Broadway Boulevard
- Outstanding frontage, visibility and access to Broadway Boulevard
- Strong Corporate lease guaranty
- Huge monument sign (vacancy has rights to the Verizon monument sign)
- High profile added value opportunity
Executive Summary
Fee simple interest (land and building ownership) in a net leased, corporate guaranteed Peter Piper Pizza investment opportunity.
Please do not disturb tenant.
Please do not disturb tenant.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,486 SF
Building Class
B
Year Built/Renovated
1988/2003
Price
$6,400,000
Price Per SF
$217.05
Cap Rate
6.26%
NOI
$400,840
Percent Leased
70%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.37
Lot Size
1.84 AC
Zoning
C-1, Tucson - C-1, Tucson - Neighborhood Commercial
Parking
210 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Contact agent for rental rates. Retail space built out with an office in the front and workshop/warehouse in the rear. Includes an 8'x9' roll up door.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,781 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 8,781 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 8,781 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Contact agent for rental rates. Retail space built out with an office in the front and workshop/warehouse in the rear. Includes an 8'x9' roll up door.
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 127-13-051D | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $445,325 |
Property Taxes
Parcel Number
127-13-051D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$445,325
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