Flex Space with Two
New
For Sale
$875,000
8002 E Broadway Boulevard, Tucson, AZ 85710
Commercial Sale, Tucson, AZ
Property Size5,118 SF
Lot Size0.47 Acres
Price / SF$170.97
Days on Market5
Property Features for 8002 E Broadway Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Tubac - CALL
Subdivision
East
Standard status
Active
APN
134-12-0100
Size
5,118 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Sherwood Village Terrace S150' N175' W150' M/L Blk A Exc E 20'
Tax Annual Amount
8666
Legal Description
Sherwood Village Terrace S150' N175' W150' M/L Blk A Exc E 20'
Amenities
kitchenette
Building Details
Year built
1973
Listing Agency:
Realty One Group Integrity
(520) 447-5922
Listed By:
Christina M Calderon · License #BR697017000
(520) 906-0769
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 6 at 12:06AM
MLS# 22624152
Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,118-square-foot flex property contains two suites, with interior configuration that allows them to function separately or as one space. The layout includes open areas, offices, workshop space, storage and a kitchenette. The west suite is described as ADA compliant. Built in 1973, the building sits on a 0.47-acre parcel and has 28 parking spaces. Monument signage is in place, and business and trade fixtures may be purchased separately.
The property fronts Broadway Boulevard, with approximately 130 feet of frontage. Mountain views are also part of the setting.
The property fronts Broadway Boulevard, with approximately 130 feet of frontage. Mountain views are also part of the setting.
Key Highlights
- 5,118‑square‑foot building on 0.47 acres
- Two suites can be joined into one space
- 28 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,501
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,020
$650.0K
Cap Rate 7%
$464,300
$464.3K
Cap Rate 9%
$361,122
$361.1K
Market Conditions
NOI Build-Up for 5,118 SF
Gross rent
$49.1K $9.60/SF
− Vacancy
−$2.7K −$0.53/SF
EGI
$46.4K $9.07/SF
− OpEx
−$13.9K −$2.72/SF
NOI
$32.5K $6.35/SF
Area
ZIP 85710
Vacancy
5.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,020
Cap Rate 7%
$464,300
Cap Rate 9%
$361,122
Alternative Uses
Best Use
Industrial
$464.3K
$406.3K – $541.7K
NOI $32,501 @ 7.0% cap · market cap 3.71%
Second Best
Flex RnD
$461.9K
$404.2K – $538.9K
NOI $32,336 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,143 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Tucson, AZ
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Similar Off Market Nearby
- R & R Family Kitchen. Tucson's Premier Bar-B-Que, Breakfast and Catering Service Company — 8302 E Broadway Blvd, Tucson, AZ 85710
Frequently Asked Questions
What type of property is this?
Flex space - Two existing suites can remain separate or be joined into a single operating space.
Where is this flex space located?
The property is located at 8002 E Broadway Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 5,118‑square‑foot building on 0.47 acres; Two suites can be joined into one space; 28 parking spaces
