Prime Tucson Commercial
2648 N CAMPBELL AVE Tucson, AZ 85719
For Sale
Contact for pricing
Commercial property in high-demand Campbell corridor near the University of Arizona.
Property Size2,340 SF
Price / SF$254.27
Days on Market73
Property Features for 2648 N CAMPBELL AVE
General Information
Standard status
Active
Size
2,340 SF
Property subtype
Retail
Building Details
Year Built
1955
Listing Agency:
Realty Executives Arizona Territory
Listed By:
Matt Bollinger · License #BR562660000
Source:
Crexi
Added: May 18
Changed: Jul 10
Last Checked: Jul 29 at 11:07AM
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 Realty Executives Arizona Territory
Investment Insights
Based on property information with market context.
Located in central Tucson at 2648 N Campbell Avenue, this commercial property is positioned in the Campbell corridor, near the University of Arizona and Banner University Medical Center. The property is also located near Midtown, Downtown, major retailers, restaurants, dense residential neighborhoods, and public transportation. The site offers visibility, convenience, and flexibility. The property includes 12 parking spaces and is surrounded by daily traffic drivers. The property is suitable for medical, office, nonprofit, service-based, or owner-user possibilities. The property size is 2340 square feet.
Key Highlights
- Prime location on high‑demand Campbell Avenue corridor.
- Close proximity to University of Arizona and Banner University Medical Center.
- High visibility and strong daily traffic.
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 | $33.7k | $14.40 |
| − Vacancy | −$1.9k | −$0.82 |
| EGI | $31.8k | $13.58 |
| − OpEx | −$9.5k | −$4.07 |
| NOI | $22.2k | $9.51 |
2,340 SF · lease $14.40/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$317.8K
$278.0K – $370.7K
NOI $22,243 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$607.9K
$531.9K – $709.2K
NOI $42,551 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Commercial property in high-demand Campbell corridor near the University of Arizona.
Where is this retail space located?
The property is located at 2648 N CAMPBELL AVE Tucson, AZ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Prime location on high‑demand Campbell Avenue corridor.; Close proximity to University of Arizona and Banner University Medical Center.; High visibility and strong daily traffic.
