Mixed-Use Property with Roll-Up
For Sale
$1,000,000
45454551 4545-4551 E Speedway Boulevard, Tucson, AZ 85712
C-2-zoned commercial property combines storefront space with automotive service functionality and monument signage.
Property Size12,008 SF
Price / SF$83.28
Days on Market47
Property Features for 45454551 4545-4551 E Speedway Boulevard
General Information
Standard status
Active
Size
12,008 SF
Building Details
Year Built
1960
Listing Agency:
Larsen Baker, LLC
Listed By:
George C Larsen
(520) 296-0200
Source:
Collaborative-agents
Added: Sep 7
Changed: Oct 10
Last Checked: Oct 7 at 3:49PM
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 Larsen Baker, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 4545-4551 E Speedway Boulevard in Tucson, this mixed-use commercial property combines retail frontage with an auto-shop component. The property includes 3 buildings arranged across 5 tenant configurations, with 12,008 SF of total building area. Roll-up doors support automotive operations, while monument signage provides on-site identification along the corridor.
The property occupies a 47,600 SF parcel, approximately 1.1 acres, with about 170 feet of frontage on Speedway Boulevard. C-2 zoning is identified by the City of Tucson. Surrounding businesses include Sprouts Farmers Market, Chase Bank, Royal Kia, Pep Boys, Circle K, Ignite Fitness, restaurants, and other automotive services. The existing cell tower and billboard are excluded from the sale.
The property occupies a 47,600 SF parcel, approximately 1.1 acres, with about 170 feet of frontage on Speedway Boulevard. C-2 zoning is identified by the City of Tucson. Surrounding businesses include Sprouts Farmers Market, Chase Bank, Royal Kia, Pep Boys, Circle K, Ignite Fitness, restaurants, and other automotive services. The existing cell tower and billboard are excluded from the sale.
Key Highlights
- 12,008 SF across 3 buildings
- 5 tenant configurations
- 47,600 SF lot, approximately 1.1 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,016
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,740,320
$1.7M
Cap Rate 7%
$1,243,086
$1.2M
Cap Rate 9%
$966,844
$966.8K
Market Conditions
NOI Build-Up for 12,008 SF
Gross rent
$131.1K $10.92/SF
− Vacancy
−$6.8K −$0.57/SF
EGI
$124.3K $10.35/SF
− OpEx
−$37.3K −$3.11/SF
NOI
$87.0K $7.25/SF
Area
Tucson, AZ
Vacancy
5.20%
Lease Rate
$10.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,740,320
Cap Rate 7%
$1,243,086
Cap Rate 9%
$966,844
Alternative Uses
Best Use
Mixed Use
$2.11M
$1.84M – $2.46M
NOI $147,518 @ 7.0% cap · market cap 14.75%
Second Best
Retail
$1.63M
$1.43M – $1.90M
NOI $114,141 @ 7.0% cap · market cap 11.41%
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M
NOI $218,357 @ 7.0% cap · market cap 21.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 85712, AZ
33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value
Market
Vacancy Rate% for Retail in Tucson, AZ
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-2-zoned commercial property combines storefront space with automotive service functionality and monument signage.
Where is this mixed-use property located?
The property is located at 45454551 4545-4551 E Speedway Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 12,008 SF across 3 buildings; 5 tenant configurations; 47,600 SF lot, approximately 1.1 acres
