Leased Retail Shopping
For Sale
Contact for pricing
5925 E Broadway Blvd, Tucson, AZ 85711
Retail shopping center with strong Broadway visibility and 70% occupancy directly across from Park Place Mall.
Property Size30,086 SF
Price / SF$212.72
Days on Market728
Property Features for 5925 E Broadway Blvd
General Information
Standard status
Active
Size
30,086 SF
Property subtype
RETAIL
Occupancy
70%
Site & Location
Neighborhood
Sewell
Road Access
Yes
Properties For Sale
at 5925 E Broadway Blvd
5925 E Broadway Blvd
AVAILABLE, Now
Floor
1
Size
8,781 SF
Type
RETAIL
Sublease
No
• Directly across the street from the main entrance to Park Place Mall, Tucson's dominant regional mall
• Outstanding frontage, visibility and access to Broadway Blvd
• 26' ceiling height
• 8' x 9' roll up door
• Huge monument signage
Contact us
Listing Agency:
Volk Company Commercial Real Estate
(520) 326-3200
Listed By:
Jeramy Price · License #SA650998000
(520) 441-4771
Source:
Moodyscre
Added: Oct 31, 2024
Changed: Oct 25
Last Checked: Oct 28 at 5:28AM
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 Volk Company Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail shopping center is for sale and is currently 70% leased. The property benefits from strong street presence and is positioned for straightforward customer access from Broadway Blvd.
The center is directly across the street from the main entrance to Park Place Mall in Tucson, Arizona, creating convenient visibility to mall traffic.
With a leased income profile and prominent frontage on a major retail corridor, this property offers a practical option for buyers seeking a retail shopping center with established occupancy at 5925 E Broadway Blvd, Tucson, AZ 85711.
The center is directly across the street from the main entrance to Park Place Mall in Tucson, Arizona, creating convenient visibility to mall traffic.
With a leased income profile and prominent frontage on a major retail corridor, this property offers a practical option for buyers seeking a retail shopping center with established occupancy at 5925 E Broadway Blvd, Tucson, AZ 85711.
Key Highlights
- Directly across the street from the main entrance to Park Place Mall in Tucson
- Outstanding frontage, visibility, and access to Broadway Blvd
- 70% leased (70% occupancy)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$285,981
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,719,620
$5.7M
Cap Rate 7%
$4,085,443
$4.1M
Cap Rate 9%
$3,177,567
$3.2M
Market Conditions
NOI Build-Up for 30,086 SF
Gross rent
$433.2K $14.40/SF
− Vacancy
−$24.7K −$0.82/SF
EGI
$408.5K $13.58/SF
− OpEx
−$122.6K −$4.07/SF
NOI
$286.0K $9.51/SF
Area
Tucson, AZ
Vacancy
5.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,719,620
Cap Rate 7%
$4,085,443
Cap Rate 9%
$3,177,567
Alternative Uses
Best Use
Retail
$4.09M
$3.57M – $4.77M
NOI $285,981 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.82M
$6.84M – $9.12M
NOI $547,093 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
70%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,653
Businesses Nearby
630k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 27%
Apparel 26%
Groceries 16%
Shops & Services 15%
Dillard's
Apparel
59,255 visits/mo
0.3 miles
Total Wine & More
Groceries
58,282 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
50,379 visits/mo
0.4 miles
Best Buy
Electronics
40,916 visits/mo
0.2 miles
Old Navy
Apparel
34,165 visits/mo
0.1 miles
Demographics for 85711, AZ
41,518
Population
19,774
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,828
Density / Sq Mi
$52,358
Median Household Income
$35,130
Median Earnings
$1,001
Median Rent
$248,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tucson, AZ
Similar Off Market Nearby
- Independence Plaza — 350 S Williams Blvd, Tucson, AZ 85711, United States
- Sunglass Hut at Macy's — 5850 E Broadway Blvd, Tucson, AZ 85711
- Park Place Mall — 5870 E Broadway Blvd, Tucson, AZ 85711
- GO Calendars — E Broadway Blvd, Tucson, AZ 85711
- Teavana — 5870 E Broadway Blvd #138, Tucson, AZ 85711
Frequently Asked Questions
What type of property is this?
Shopping center - Retail shopping center with strong Broadway visibility and 70% occupancy directly across from Park Place Mall.
Where is this shopping center located?
The property is located at 5925 E Broadway Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: Directly across the street from the main entrance to Park Place Mall in Tucson; Outstanding frontage, visibility, and access to Broadway Blvd; 70% leased (70% occupancy)
