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Leased Retail Storefront with Street Access

4620 E Speedway Boulevard Tucson, AZ 85712

4620 E Speedway Boulevard, Tucson, AZ, 85712
$430,000
For Sale
$430,000

Leased commercial storefront on Speedway Boulevard with street visibility, currently operated as a hookah lounge under an approximately three-year lease.

Property Size3,220 SF
Price / SF$133.54
Days on Market296

Property Features for 4620 E Speedway Boulevard

General Information

Standard status
Active
Size
3,220 SF
Property subtype
General Commercial

Building Details

Year Built
1963
Listing agency
Listed by New Concept
Source Xome
Added: Sep 30, 2025 Updated: Jul 22 at 6:25AM Checked: Jul 22 at 6:25AM

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 New Concept


Investment Insights

Based on property information with market context.

4620 E Speedway Boulevard in Tucson, AZ 85712 is a commercially leased storefront property located along Speedway Boulevard, a primary east-west corridor. The site offers street visibility and convenient access to nearby residential areas, retail services, public transportation, and major roadways.

The building is currently leased to a tenant operating a hookah lounge, with an approximately three-year lease in place. Interior configuration reflects its current commercial use.

Any future use, changes to operations, or redevelopment would be subject to zoning, municipal approval, and the terms of the existing lease. All facts and figures, including zoning, permitted uses, lease details, square footage, utilities, parking, and any applicable restrictions, are to be verified.

Key Highlights

  • Leased commercial storefront on Speedway Boulevard in Tucson, currently operated as a hookah lounge
  • Approximately three‑year lease in place with current tenant
  • Year built: 1963

Local Financial Insights For Specialty 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 $46.4k $14.40
− Vacancy −$2.6k −$0.82
EGI $43.7k $13.58
− OpEx −$10.9k −$3.39
NOI $32.8k $10.18
3,220 SF · lease $14.40/SF/yr · vacancy 5.70% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$468.5K
$409.9K – $546.6K (±1% cap)
NOI $32,794 @ 7.0% cap · market cap 7.63%
Second Best
Retail
$437.3K
$382.6K – $510.1K (±1% cap)
NOI $30,608 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$836.5K
$731.9K – $975.9K (±1% cap)
NOI $58,554 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Arizona Hookah Lounge Bar & Pub

Suggested Use

Building Supply Restaurant Pharmacy Real Estate Agency HVAC Service Big Box & Wholesale Store Parking Lot & Garage Storage Facility Food Market Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Arizona Hookah Lounge — 4620 E Speedway Blvd, Tucson, AZ 85712
  • Lucky Strike Bowl — 4015 E Speedway Blvd, Tucson, AZ 85712
  • Midtown Bar & Grill — 4915 E Speedway Blvd, Tucson, AZ 85712
  • House Of Bards — 4915 E Speedway Blvd, Tucson, AZ 85712
  • Craft, A Modern Drinkery — 4603 E Speedway Blvd, Tucson, AZ 85712

FAQs

What type of property is this?
Bar & Pub - Leased commercial storefront on Speedway Boulevard with street visibility, currently operated as a hookah lounge under an approximately three-year lease.
Where is this bar & pub located?
The property is located at 4620 E Speedway Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Leased commercial storefront on Speedway Boulevard in Tucson, currently operated as a hookah lounge; Approximately three‑year lease in place with current tenant; Year built: 1963
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