Speedway Shops: Fully Leased
For Sale
$3,331,000
2545 E Speedway Blvd, Tucson, AZ 85716
100% leased retail center near University of Arizona.
Property Size7,917 SF
Price / SF$420.74
Days on Market143
Property Features for 2545 E Speedway Blvd
General Information
Standard status
Active
Size
7,917 SF
Property subtype
Retail
Listing Agency:
Phoenix Commercial Advisors
Listed By:
John Schweikert · License #BR512679000
(602) 734-7218
Source:
Phoenixcommercialadvisors
Added: Apr 16
Changed: Aug 21
Last Checked: Sep 4 at 5:32AM
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 Phoenix Commercial Advisors
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
Current Use
Location Intelligence
Trade Area within ½ mile
2,452
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Apparel 7%
Shops & Services 6%
Raising Cane's Chicken Fingers
Dining
48,392 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
16,320 visits/mo
0.5 miles
Eegee's
Dining
12,954 visits/mo
0.1 miles
Buffalo Exchange
Apparel
8,347 visits/mo
0.4 miles
FedEx Office Print & Ship Center
Shops & Services
7,593 visits/mo
0.2 miles
Demographics for 85716, AZ
31,521
Population
19,025
Households
1.7
Avg Household Size
39
Median Age
42%
College-Educated
92%
High-School Grad
7.2 sq mi
ZIP Area
4,378
Density / Sq Mi
$47,009
Median Household Income
$33,367
Median Earnings
$1,021
Median Rent
$300,900
Median Home Value
Market
Vacancy Rate% for Retail in Tucson, AZ
Questions? Ask Rey
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Similar Off Market Nearby
- Plaza Square — 1927 E Speedway Blvd, Tucson, AZ 85719
Frequently Asked Questions
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.
