Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5340-5480 Broadway Blvd Tucson, AZ 85711
    Back to Search
    Property profile & analytics

    5340-5480 Broadway Blvd, Tucson, AZ 85711

    View on Map
    • Neighborhood centers
    • 99,924 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 5340-5480 Broadway Blvd

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    The Plaza at Williams Centre, a Class A retail property in Pima County, presents a unique investment opportunity. This landmark center boasts 99,924 square feet across six single-story buildings, strategically located at the intersection of Craycroft and Broadway, zoned C-1. Currently, there are 4,763 square feet of vacant space available, divisible to a minimum of 4,763 square feet, with a maximum contiguous space of 4,763 square feet. The property features excellent visibility and a strong tenant roster, including well-established businesses such as Copal, FedEx Kinko's, Olive Garden, Coldwell Banker, Baggins, First Watch, and Iron John's. Ample parking is provided, with a ratio of 6.138 spaces per 1,000 square feet. This multiple-tenancy strip center, featuring a restaurant subtype, offers a prime location within one of Tucson's most desirable retail areas. The property's high-profile location and established tenant base make it an attractive option for businesses seeking a strong presence in a thriving market. The available space is ideal for a variety of retail uses, providing an excellent opportunity to capitalize on the high foot traffic and visibility of this premier center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.879
    Latitude
    32.2209

    Comparable in this City

    • Value Estimation by Request
      89,115 SF

      5441 22Nd St

      Neighborhood centers
      5441 22Nd St, Tucson, AZ 85711
      View Details
    • Value Estimation by Request
      20,676 SF

      5460-5480 Speedway Blvd

      Neighborhood centers
      5460-5480 Speedway Blvd, Tucson, AZ 85711
      View Details
    • Value Estimation by Request
      0.10 Acres

      Tucson, AZ 85711

      SHOPPING CENTER, STRIP CENTER
      Tucson, AZ 85711
      View Details
    • Value Estimation
      $1,240,000
      2,964 SF

      1106 Wilmot Rd

      SHOPPING CENTER, STRIP CENTER
      1106 Wilmot Rd, Tucson, AZ 85711-5212
      View Details
    • Value Estimation
      $8,185,000
      17,700 SF

      1801 Alvernon Way

      SHOPPING CENTER, STRIP CENTER
      1801 Alvernon Way, Tucson, AZ 85711-6219
      View Details
    • Value Estimation
      $8,175,000
      2,377 SF

      1875 Alvernon Way

      SHOPPING CENTER, STRIP CENTER
      1875 Alvernon Way, Tucson, AZ 85711-5648
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      83,188 SF

      Mixed-Use Retail Property For Sale

      Mixed-use retail property available for sale.
      4741 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      4,252 SF

      McDonald's NNN Ground Lease Opportunity

      Corporate ground lease with a long-term tenant and prime location.
      6105 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing

      Retail Space Near Park Place

      Retail space available in busy Tucson retail corridor.
      5720 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      11,253 SF

      High-Visibility Retail Space For Sale

      Retail property with frontage on Broadway Boulevard near Park Place.
      5919 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      2,292 SF

      Restaurant Building on Heavily Trafficked Street

      Restaurant building with equipment on a heavily trafficked street.
      5810 E 22Nd St, Tucson, AZ 85711
      View Details
    • Contact for pricing
      36,800 SF

      Retail Property Near Park Place

      Freestanding retail property in Tucson's prime retail corridor.
      5975 E Broadway Blvd, Tucson, AZ 85711
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space at Park Place

      Retail space available in a high-traffic shopping center.
      5870 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      7,000 SF

      Retail Pads in Anchored Center

      Retail pads available in a high-traffic, high-income area.
      5205 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing
      6,335 SF

      Retail Center in Park Place

      Anchored retail center near Park Place Mall trade area.
      6230 E Broadway Blvd, Tucson, AZ 85711
      View Details
    • Contact for pricing

      Land for Lease in Tucson

      Commercial land available for lease at Broadway Blvd & Craycroft Rd.
      Wnwc Broadway Blvd & Craycroft Rd, Tucson, AZ 85711
      View Details
    • Contact for pricing

      Retail Space in Tucson Center

      Prime retail spaces available at The Plaza at Williams Centre.
      5340-5480 E Broadway Blvd, Tucson, AZ 85711
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5340-5480 Broadway Blvd
    Tucson, AZ 85711
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5340-5480 Broadway Blvd, Tucson, AZ, 85711
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!