Leased Retail Shopping
5925 E Broadway Blvd Tucson, AZ 85711
For Sale
Contact for pricing
Retail shopping center with strong Broadway visibility and 70% occupancy directly across from Park Place Mall.
Property Size30,086 SF
Price / SF$232.67
Days on Market636
Property Features for 5925 E Broadway Blvd
General Information
Standard status
Active
Size
30,086 SF
Property subtype
RETAIL
Properties For Sale
at 5925 E Broadway Blvd Contact us
Listing Agency:
Volk Company Commercial Real Estate
(520) 441-4771
Listed By:
Jeramy Price · License #SA669705000
(520) 441-4771
Source:
Moodyscre
Added: Oct 31, 2024
Changed: Jul 22
Last Checked: Jul 22 at 9:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Volk Company Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail shopping center is for sale and is currently 70% leased. The property benefits from strong street presence and is positioned for straightforward customer access from Broadway Blvd.
The center is directly across the street from the main entrance to Park Place Mall in Tucson, Arizona, creating convenient visibility to mall traffic.
With a leased income profile and prominent frontage on a major retail corridor, this property offers a practical option for buyers seeking a retail shopping center with established occupancy at 5925 E Broadway Blvd, Tucson, AZ 85711.
The center is directly across the street from the main entrance to Park Place Mall in Tucson, Arizona, creating convenient visibility to mall traffic.
With a leased income profile and prominent frontage on a major retail corridor, this property offers a practical option for buyers seeking a retail shopping center with established occupancy at 5925 E Broadway Blvd, Tucson, AZ 85711.
Key Highlights
- Directly across the street from the main entrance to Park Place Mall in Tucson
- Outstanding frontage, visibility, and access to Broadway Blvd
- 70% leased (70% occupancy)
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $433.2k | $14.40 |
| − Vacancy | −$24.7k | −$0.82 |
| EGI | $408.5k | $13.58 |
| − OpEx | −$122.6k | −$4.07 |
| NOI | $286.0k | $9.51 |
30,086 SF · lease $14.40/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.09M
$3.57M – $4.77M
NOI $285,981 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.82M
$6.84M – $9.12M
NOI $547,093 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Park Place Mall — 5870 E Broadway Blvd, Tucson, AZ 85711
- Sunglass Hut at Macy's — 5850 E Broadway Blvd, Tucson, AZ 85711
- Independence Plaza — 350 S Williams Blvd, Tucson, AZ 85711, United States
- GO Calendars — E Broadway Blvd, Tucson, AZ 85711
- Teavana — 5870 E Broadway Blvd #138, Tucson, AZ 85711
Frequently Asked Questions
What type of property is this?
Shopping center - Retail shopping center with strong Broadway visibility and 70% occupancy directly across from Park Place Mall.
Where is this shopping center located?
The property is located at 5925 E Broadway Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Directly across the street from the main entrance to Park Place Mall in Tucson; Outstanding frontage, visibility, and access to Broadway Blvd; 70% leased (70% occupancy)
