Spanish-Style Office
2020 E Speedway Blvd Tucson, AZ 85719
For Sale
Contact for pricing
Spanish-style office building with a private courtyard and rooftop deck.
Property Size3,885 SF
Price / SF$250.97
Days on Market278
Property Features for 2020 E Speedway Blvd
General Information
Standard status
Active
Size
3,885 SF
Property subtype
OFFICE
Listing Agency:
Volk Company Commercial Real Estate
(520) 495-2234
Listed By:
Joey Castillo · License #SA687979000
(520) 495-2234
Source:
Moodyscre
Added: Oct 24, 2025
Changed: Jul 25
Last Checked: Jul 27 at 1:15PM
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 Spanish-style office building includes a private courtyard, wood floors, and wood-beamed ceilings. The property also features a clay tile roof, a balcony, and a rooftop deck, creating a distinctive interior and outdoor experience.
Located in the Sam Hughes neighborhood, the building is within walking distance to the University of Arizona.
The combination of indoor finishes and multiple outdoor areas supports a range of office use configurations within the building’s existing layout.
Located in the Sam Hughes neighborhood, the building is within walking distance to the University of Arizona.
The combination of indoor finishes and multiple outdoor areas supports a range of office use configurations within the building’s existing layout.
Key Highlights
- Spanish‑style office building with a private courtyard and rooftop deck
- Features wood floors and wood‑beamed ceilings
- Clay tile roof
Financial Insights For Office B
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 | $83.9k | $21.60 |
| − Vacancy | −$8.2k | −$2.12 |
| EGI | $75.7k | $19.48 |
| − OpEx | −$18.9k | −$4.87 |
| NOI | $56.8k | $14.61 |
3,885 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$811.0K
$709.6K – $946.2K
NOI $56,769 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$883.1K – $1.18M
NOI $70,646 @ 7.0% cap · market cap 7.25%
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?
Office building - Spanish-style office building with a private courtyard and rooftop deck.
Where is this office building located?
The property is located at 2020 E Speedway Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Spanish‑style office building with a private courtyard and rooftop deck; Features wood floors and wood‑beamed ceilings; Clay tile roof
