Former Bank Branch with
7740 E Speedway Blvd Tucson, AZ 85710
For Sale
Contact for pricing
Former bank branch with two under-roof drive-thru lanes and a multi-slat lighted monument sign.
Property Size6,689 SF
Price / SF$224.25
Days on Market490
Property Features for 7740 E Speedway Blvd
General Information
Standard status
Active
Size
6,689 SF
Property subtype
RETAIL
Listing Agency:
Whirlygig Properties
(520) 440-2727
Listed By:
Lynn Taylor
(520) 440-2727
Source:
Moodyscre
Added: Mar 28, 2025
Changed: Jul 28
Last Checked: Jul 29 at 1:57PM
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
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.
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 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 | $120.4k | $18.00 |
| − Vacancy | −$10.8k | −$1.62 |
| EGI | $109.6k | $16.38 |
| − OpEx | −$27.4k | −$4.10 |
| NOI | $82.2k | $12.29 |
6,689 SF · lease $18.00/SF/yr · vacancy 9.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.17M
$1.03M – $1.37M
NOI $82,174 @ 7.0% cap · market cap 5.48%
Second Best
Retail
$1.01M
$882.0K – $1.18M
NOI $70,560 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,268 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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 $1,500,000.
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
