Property profile

2302 E Speedway Blvd Tucson, AZ 85719

FOR LEASE
Office Spaces
Property ID
US07-1020155
16,234 SF 0.94 ac lot Built 1974
Entity Owned 10-yr Hold ~ Est. High Equity
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2302 E Speedway Blvd, Tucson, AZ 85719 For Lease
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2302 E Speedway Blvd, Tucson, AZ 85719
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Property summary

AI-generated overview

This exceptional commercial property, located at 2302 E. Speedway Blvd in Tucson, Arizona, offers a prime opportunity for businesses seeking flexible office space. The building features multiple tenancies, with individual suites ranging from 643 to 1,670 contiguous square feet. A total of 8,713 square feet is currently vacant and available for lease. The property's ideal location in Pima County provides excellent visibility and signage opportunities on Speedway Boulevard, a high-traffic area. Its proximity to the University of Arizona and Banner University Medical Center makes it particularly attractive to medical practices and businesses serving the university community. The convenient location also offers easy access to a wide array of restaurants, services, and other amenities, enhancing the appeal for both employees and clients. This versatile space is suitable for a variety of uses, including medical offices and traditional office settings, making it an excellent investment for businesses seeking a strategic location with high visibility and accessibility. The zip code is 85719. Contact us today to learn more about leasing options and explore the possibilities this property offers.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1974
Construction FRAME
Total area 16,234 SF
Lot 0.94 ac (40,814 SF)
APN 125-04-018B
UPID US07-1020155

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
  • Counselor
  • Alternative Medicine Practice Physician
  • Law Firm
  • Property Management Company
  • Medical Clinic

Location

2302 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
$3.07M
Comparable Approach Comparable
$3.89M
Blend (final) Blend
$3.23M

Owner & transaction history

since 2016
7 recorded transactions
2022
Price N/A
2018
Price N/A
2016
$1.6M
1998
$831,200
1991
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $4.7M +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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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