Property profile

2033 E Speedway Blvd Tucson, AZ 85719

FOR LEASE
Office Spaces
Property ID
US07-1309983
5,607 SF 0.85 ac lot Built 1980
Entity Owned ~ Est. High Equity
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2033 E Speedway Blvd, Tucson, AZ 85719 For Lease
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2033 E Speedway Blvd, Tucson, AZ 85719
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Property summary

AI-generated overview

The Herder Building, located at 2033 E Speedway Blvd, Tucson, AZ 85719, offers exceptional office space in the vibrant Midtown submarket. This two-story, 12,406 square foot building, constructed in 1980, features a variety of office configurations suitable for traditional, medical, or creative businesses. Three spaces are currently available, ranging from 850 to 3,690 contiguous square feet, with a minimum divisible space of 875 square feet. The building is situated on a 36,980 square foot lot and is zoned C-1. Convenient amenities include an elevator. Its prime location on Speedway Boulevard and Campbell Avenue provides easy access to the University of Arizona, Downtown Tucson, and Banner University Medical Center. The property's address is 2033 E Speedway Blvd, with a cross street of Campbell Ave, and its Assessor's Parcel Number (APN) is 12307282B. This versatile property presents a unique opportunity for businesses seeking a well-located and adaptable office space in a thriving Tucson neighborhood. The building is multi-tenant.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1980
Construction FRAME
Total area 5,607 SF
Lot 0.85 ac (36,980 SF)
APN 123-07-282B
UPID US07-1309983

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Research Institute
  • Law Firm
  • Business Related
  • Charitable Organization Social Service Agency
  • Law Firm

Location

2033 E Speedway Blvd Tucson, AZ 85719
Tucson metro Census 600 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$900k

Owner & transaction history

since 2025
Last sale
$2.0M
1 recorded transaction
2025
$2.0M

Zoning & alternative use

Top alternative use upside
Restaurant $2.6M +69.5%
Neighborhood: shopping center $1.6M +5.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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