Open-Layout Retail
New
For Sale
$1,125,000
7333 East Broadway Boulevard, Tucson, AZ 85710
An open interior plan offers flexibility for retail merchandising and customer flow.
Property Size9,180 SF
Days on Market2
Property Features for 7333 East Broadway Boulevard
General Information
Standard status
Active
Size
9,180 SF
Property subtype
Retail
Site & Location
Neighborhood
Broadway Northeast
Building Details
Building Size
9,180 SF
Year Built
1973
Listing Agency:
LRA Real Estate Group, LLC
Listed By:
Don Mortensen · License #BR529840000
(602) 451-3684
Source:
Lrarealestate
Added: Oct 23
Last Checked: Oct 23 at 4:34PM
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 LRA Real Estate Group, LLC
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 space at 7333 East Broadway Boulevard in Tucson has an open interior layout. Commercial zoning supports retail use, and the property was built in 1973.
Key Highlights
- Commercial zoning supports retail use
- Built in 1973
- Open interior layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,837
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,936,740
$1.9M
Cap Rate 7%
$1,383,386
$1.4M
Cap Rate 9%
$1,075,967
$1.1M
Market Conditions
NOI Build-Up for 9,180 SF
Gross rent
$154.2K $16.80/SF
− Vacancy
−$15.9K −$1.73/SF
EGI
$138.3K $15.07/SF
− OpEx
−$41.5K −$4.52/SF
NOI
$96.8K $10.55/SF
Area
ZIP 85710
Vacancy
10.30%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,936,740
Cap Rate 7%
$1,383,386
Cap Rate 9%
$1,075,967
Alternative Uses
Best Use
Retail
$1.38M
$1.21M – $1.61M
NOI $96,837 @ 7.0% cap · market cap 8.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M
NOI $176,036 @ 7.0% cap · market cap 15.65%
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
767
Businesses Nearby
361k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Home Improvements & Furnishings 27%
Shops & Services 24%
Apparel 14%
The Home Depot
Home Improvements & Furnishings
55,684 visits/mo
0.4 miles
In-N-Out Burger
Dining
49,143 visits/mo
0.3 miles
Michaels
Shops & Services
38,089 visits/mo
0.3 miles
HomeGoods
Home Improvements & Furnishings
34,894 visits/mo
0.3 miles
Ross Dress for Less
Apparel
28,975 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in Tucson, AZ
Frequently Asked Questions
What type of property is this?
Retail space - An open interior plan offers flexibility for retail merchandising and customer flow.
Where is this retail space located?
The property is located at 7333 East Broadway Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Commercial zoning supports retail use; Built in 1973; Open interior layout
