Retail Storefront With High
5919 E Broadway Blvd Tucson, AZ 85711
For Sale
Contact for pricing
Storefront retail property with prominent frontage and access from Broadway Boulevard in a dense restaurant and retail corridor.
Property Size11,253 SF
Price / SF$284.37
Days on Market1457
Property Features for 5919 E Broadway Blvd
General Information
Standard status
Active
Size
11,253 SF
Property subtype
RETAIL
Listing Agency:
Volk Company Commercial Real Estate
(520) 495-2234
Listed By:
Joey Castillo · License #SA687979000
(520) 495-2234
Source:
Moodyscre
Added: Aug 3, 2022
Changed: Jul 28
Last Checked: Jul 29 at 12:54PM
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 for-sale retail storefront property is positioned for strong visibility and direct customer access, with frontage on Broadway Boulevard. The existing retail configuration supports a storefront style operation in a high-profile setting.
The property is located just north of Park Place Mall and is surrounded by established local and national restaurants and retailers. The nearby tenant mix includes Round1, Old Navy, Yard House, Total Wine, Red Lobster, World Market, and Best Buy, with additional surrounding options such as Peter Piper Pizza, Verizon, ATL Wings, and Sola Salon.
For tenants and buyers seeking a retail location in an active shopping and dining environment, this asset offers street-access visibility along a major commercial corridor.
The property is located just north of Park Place Mall and is surrounded by established local and national restaurants and retailers. The nearby tenant mix includes Round1, Old Navy, Yard House, Total Wine, Red Lobster, World Market, and Best Buy, with additional surrounding options such as Peter Piper Pizza, Verizon, ATL Wings, and Sola Salon.
For tenants and buyers seeking a retail location in an active shopping and dining environment, this asset offers street-access visibility along a major commercial corridor.
Key Highlights
- Storefront retail property with prominent frontage and access from Broadway Boulevard
- Located just north of Park Place Mall in a dense restaurant and retail corridor
- Frontage offers visibility and access supported by nearby traffic generators
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 | $162.0k | $14.40 |
| − Vacancy | −$9.2k | −$0.82 |
| EGI | $152.8k | $13.58 |
| − OpEx | −$45.8k | −$4.07 |
| NOI | $107.0k | $9.51 |
11,253 SF · lease $14.40/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.53M
$1.34M – $1.78M
NOI $106,965 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M
NOI $204,628 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail property with prominent frontage and access from Broadway Boulevard in a dense restaurant and retail corridor.
Where is this storefront property located?
The property is located at 5919 E Broadway Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Storefront retail property with prominent frontage and access from Broadway Boulevard; Located just north of Park Place Mall in a dense restaurant and retail corridor; Frontage offers visibility and access supported by nearby traffic generators
