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Former Bank Branch with Drive-Thru
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7740 E Speedway Blvd, Tucson, AZ 85710

Former bank branch with two under-roof drive-thru lanes and a multi-slat lighted monument sign.

Property Size6,689 SF
Price / SF$269.10
Days on Market584

Property Features for 7740 E Speedway Blvd

General Information

Standard status Active
Size 6,689 SF
Total Parking Spaces 36
Property subtype RETAIL

Site & Location

Neighborhood Las Solinas
Road Access Yes

Additional Details

Heavy Power Yes

Amenities

drive-thru lanes
monument sign
Listing Agency: Whirlygig Properties
Listed By: Lynn Taylor
Source: Moodyscre
Added: Mar 28, 2025 Changed: Oct 26 Last Checked: Nov 1 at 8:04AM

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 Whirlygig Properties

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 former bank branch totals approximately 6,689 square feet and includes two drive-thru lanes under roof. The property offers 36 parking spaces with two points of access, and parking may be expanded up to 58 spaces. Mechanical systems include four HVAC units located in the rear of the building, supported by 120/208 volts 3-phase electric service with approximately 400 amps. The building features a pitched metal roof with no warranty, and a multi-slat lighted monument sign.

Two access points are provided off Speedway Boulevard. The site’s existing parking layout can support a range of retail or service configurations that benefit from convenient on-site vehicle access.

The building’s drive-thru configuration, rear-located HVAC, and dedicated service infrastructure provide a functional base for an owner-user or tenant buildout tailored to their specific needs.

Key Highlights

  • 6,689 SF former bank branch with 2 under‑roof drive‑thru lanes
  • 36 parking spaces with 2 access points off Speedway Boulevard; parking may be expanded to 58 spaces
  • 4 HVAC units located in the rear of the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,174
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,643,480 $1.6M
Cap Rate 7%
$1,173,914 $1.2M
Cap Rate 9%
$913,044 $913.0K
Market Conditions
NOI Build-Up for 6,689 SF
Gross rent
$120.4K $18.00/SF
− Vacancy
−$10.8K −$1.62/SF
EGI
$109.6K $16.38/SF
− OpEx
−$27.4K −$4.10/SF
NOI
$82.2K $12.29/SF
Area
ZIP 85710
Vacancy
9.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,643,480
Cap Rate 7%
$1,173,914
Cap Rate 9%
$913,044

Alternative Uses

Best Use
Specialty Retail
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,174 @ 7.0% cap · market cap 4.57%
Second Best
Retail
$1.01M
$882.0K – $1.18M (±1% cap)
NOI $70,560 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,268 @ 7.0% cap · market cap 7.13%
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

Banks

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon HVAC Service Grocery & Convenience Store Spa & Massage Center

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

Yes
Heavy power
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
140k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Groceries 36% Shops & Services 23% Beauty & Spa 3%
Fry's Groceries
50,428 visits/mo 0.2 miles
Fry's Fuel Center Shops & Services
17,916 visits/mo 0.2 miles
Starbucks Dining
14,664 visits/mo 0.3 miles
Jack in the Box Dining
14,086 visits/mo 0.3 miles
Burger King Dining
11,655 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
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

7.4% 2019
8.3% 2020
7.5% 2021
6.8% 2022
6.5% 2023
6.4% 2024
6.2% 2025

Frequently Asked Questions

What type of property is this?
Bank - Former bank branch with two under-roof drive-thru lanes and a multi-slat lighted monument sign.
Where is this bank located?
The property is located at 7740 E Speedway Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 6,689 SF former bank branch with 2 under‑roof drive‑thru lanes; 36 parking spaces with 2 access points off Speedway Boulevard; parking may be expanded to 58 spaces; 4 HVAC units located in the rear of the building
(520) 440-2727 Call to check price and availability
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