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Retail Space
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3481 East Michigan Street, Tucson, AZ 85714

Retail property offered for sale at 3481 East Michigan Street.

Property Size19,231 SF
Days on Market144

Property Features for 3481 East Michigan Street

General Information

Standard status Active
Size 19,231 SF
Property subtype Retail, Office, Special Purpose

Additional Details

Cap Rate 7.18%
Listing Agency: Cushman & Wakefield PICOR Commercial Real Estate Services - Tucson, Arizona
Listed By: Robert Glaser, CCIM, SIOR · License #AZ BR004963000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:59PM

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 Cushman & Wakefield PICOR Commercial Real Estate Services - Tucson, Arizona

Investment Insights

Based on property information with market context.

The property is a retail space totaling 19,231 SF and is offered for sale. Its stated capitalization rate is 7.18% CAP.

The asset is located at 3481 East Michigan Street in Tucson, Arizona 85714.

Key Highlights

  • 19,231 SF retail space
  • 7.18% CAP
  • 3481 East Michigan Street, Tucson, AZ 85714

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Computer & Electronic Repair Law Firm Carpet & Flooring Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,345
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 95% Hotels & Casinos 2% Home Improvements & Furnishings 2%
Circle K Shops & Services
28,733 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
3,398 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
1,840 visits/mo 0.3 miles
Days Inn Tucson Hotels & Casinos
946 visits/mo 0.5 miles
City Electric Supply Home Improvements & Furnishings
932 visits/mo 0.3 miles

Demographics for 85714, AZ

14,232
Population
5,589
Households
2.5
Avg Household Size
38
Median Age
10%
College-Educated
69%
High-School Grad
5.6 sq mi
ZIP Area
2,541
Density / Sq Mi
$47,093
Median Household Income
$30,204
Median Earnings
$879
Median Rent
$177,100
Median Home Value

Market

Vacancy Rate% for Retail in Tucson, AZ

7.4% 2019
8.3% 2020
7.5% 2021
6.8% 2022
6.5% 2023
6.4% 2024
6.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale at 3481 East Michigan Street.
Where is this retail space located?
The property is located at 3481 East Michigan Street Tucson, AZ.
What are key features of this property?
This property features: 19,231 SF retail space; 7.18% CAP; 3481 East Michigan Street, Tucson, AZ 85714
More about this property
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