Speedway Shops: Fully Leased
2545 E Speedway Blvd Tucson, AZ 85716
2545 E Speedway Blvd, Tucson, AZ, 85716
$3,331,000
For Sale
$3,331,000
100% leased retail center near University of Arizona.
Property Size7,917 SF
Price / SF$420.74
Days on Market98
Property Features for 2545 E Speedway Blvd
General Information
- Standard status
- Active
- Size
- 7,917 SF
- Property subtype
- Retail
Listing agency
Phoenix Commercial Advisors
(602) 734-7218
Listed by
John Schweikert · License #SA536326000
Source
Phoenixcommercialadvisors
Added: Apr 16 Updated: Jul 10 at 1:16PM Checked: Jul 21 at 4:05AM
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Investment Insights
Based on property information with market context.
Speedway Shops is a 7,917 square foot retail property that is 100% leased to a mix of service-oriented tenants. The property has demonstrated strong historic occupancy, with half of the tenants occupying their spaces for ten years or more. Papa John's has been at the property for 20 years. The majority of tenants are on gross leases with no remaining options, presenting an opportunity to transition to true NNN leases and increase rents. The property is located less than half a mile from the University of Arizona, which has over 54,000 students and 5,200 staff. It is also near Banner University Medical Center Tucson, a major employer in the area with approximately 649 beds. The property benefits from excellent access and visibility on Speedway Boulevard, a major east-west thoroughfare with over 42,000 vehicles per day. The surrounding area is densely populated, with over 277,000 residents within a 5-mile radius. The average household income within 1 mile of the property is over $101,000. Food away from home consumer spending in 2025 was over $346 million within 5 miles.
Key Highlights
- 100% Leased with a 6.25% Cap Rate providing immediate income.
- Strong Tenant History, including Papa Johns for 20 years.
- Internet‑Resistant, Service‑Oriented Tenants ensure consistent occupancy.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Papa John's Pizza
Restaurant
The Screamery (Speedway Location)
Grocery & Convenience Store
Santorini Greek Cafe
Restaurant
Peach Nails
Nail Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Plaza Square — 1927 E Speedway Blvd, Tucson, AZ 85719
FAQs
What type of property is this?
Shopping center - 100% leased retail center near University of Arizona.
Where is this shopping center located?
The property is located at 2545 E Speedway Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $3,331,000.
What are key features of this property?
This property features: 100% Leased with a 6.25% Cap Rate providing immediate income.; Strong Tenant History, including Papa Johns for 20 years.; Internet‑Resistant, Service‑Oriented Tenants ensure consistent occupancy.