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Multi-Tenant Office Building

6502 East Speedway Boulevard, Tucson, AZ 85710

For Sale
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Four suites offer adaptable layouts, including two kitchenettes and a full bathroom with shower.

Property Size2,532 SF
Lot Size0.70 Acres
Price / SF$221.17
Days on Market100

Property Features for 6502 East Speedway Boulevard

General Information

Standard status Active
Size 2,532 SF
Class C
Total Parking Spaces 15
Lot size 0.70 Acres
Property subtype Office
Zoning O-1
Occupancy 100%
Lease Type Modified Gross
Investment Type Value Add
Net Operating Income $34,828

Site & Location

Neighborhood Harold Bell Wright Estates
Road Access Yes

Additional Details

Office Units 4

Building Details

Year Built 1978
Year Renovated 2023
Buildings 1
Units 4
Tenancy Multi
Listing Agency: Ryco Properties, LLC
Listed By: Ryan Johnson · License AZ BR640096000
Source: Crexi
Added: Aug 7 Changed: Nov 9 Last Checked: Nov 12 at 4:47AM

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 Ryco Properties, LLC

Rey
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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.

This 2,532-square-foot office property occupies approximately 0.70 acres and is zoned O-1 by the City of Tucson. The building contains four suites, with one currently used as a residential unit by an on-site tenant who provides property oversight. Interior layouts combine open work areas with private offices; two suites have kitchenettes, and one includes a full bathroom with a shower. Two detached storage garage units add additional usable space.

Capital improvements were completed during 2023 and 2024, including a new independently serving HVAC system for each office suite. The site includes 14 standard parking spaces, one ADA-accessible space, and additional overflow parking along the east driveway and rear of the property. Located at 6502 East Speedway Boulevard, immediately east of Wilmot Road, the property is near restaurants, coffee shops, retail centers, financial institutions, and medical services.

Key Highlights

  • 100% leased four‑suite office building on approximately 0.70 acres
  • 2,532 SF building with two detached storage garage units
  • O‑1 zoning in the City of Tucson

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,549
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,980 $711.0K
Cap Rate 7%
$507,843 $507.8K
Cap Rate 9%
$394,989 $395.0K
Market Conditions
NOI Build-Up for 2,532 SF
Gross rent
$60.8K $24.00/SF
− Vacancy
−$13.4K −$5.28/SF
EGI
$47.4K $18.72/SF
− OpEx
−$11.8K −$4.68/SF
NOI
$35.5K $14.04/SF
Area
ZIP 85710
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,980
Cap Rate 7%
$507,843
Cap Rate 9%
$394,989

Alternative Uses

Best Use
Office B
$507.8K
$444.4K – $592.5K (±1% cap)
NOI $35,549 @ 7.0% cap · market cap 6.35%
Second Best
Mixed Use
$429.7K
$376.0K – $501.3K (±1% cap)
NOI $30,080 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$693.6K
$606.9K – $809.2K (±1% cap)
NOI $48,554 @ 7.0% cap · market cap 8.67%
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

Arizona Southwest Solar ... Production Facility Quilliam Management Services ... Department Store Restoration Room, PLLC Gym & Fitness Center Construction Loans Business Broker

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store HVAC Service Grocery & Convenience Store

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

Lease Details

4
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,510
Businesses Nearby

Demographics for 85710, AZ

57,381
Population
28,463
Households
2
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
12.0 sq mi
ZIP Area
4,782
Density / Sq Mi
$54,738
Median Household Income
$36,892
Median Earnings
$1,169
Median Rent
$245,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Tucson, AZ

$155 Jul
$204 Aug
$176 Sep
$167 Oct

Properties on Market for Office buildings in Tucson

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Tucson, AZ

8.9% 2019
9.1% 2020
9.6% 2021
10% 2022
8.8% 2023
10.2% 2024
9.5% 2025

Frequently Asked Questions

What type of property is this?
Office building - Four suites offer adaptable layouts, including two kitchenettes and a full bathroom with shower.
Where is this office building located?
The property is located at 6502 East Speedway Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 100% leased four‑suite office building on approximately 0.70 acres; 2,532 SF building with two detached storage garage units; O‑1 zoning in the City of Tucson
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