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    FOR SALE
    Retail space

    5919 E Broadway Blvd, Tucson, AZ 85711

    11,253 SF 1.51 ac lot Built 2004
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US07-0611290
    Property summary
    AI-generated overview

    This exceptional 11,253-square-foot retail storefront, located at 5919 E Broadway Boulevard in Tucson, Arizona, presents a compelling investment opportunity. Built in 2004, the property sits on a 1.513-acre lot and boasts a highly desirable C-1 zoning designation within the City of Tucson (APN: 127-13-051C). The asking price is $2,600,000, and the lease type is NNN. This prime location offers outstanding frontage visibility and accessibility from Broadway Boulevard, a major thoroughfare. The property benefits from its proximity to a significant concentration of established businesses, including national and local restaurants and retailers such as Round1, Old Navy, Yard House, Total Wine, Red Lobster, World Market, and Best Buy, ensuring high traffic volume and strong consumer presence. The property is also strategically situated just north of the Park Place Mall, further enhancing its desirability. Current tenants include Peter Piper Pizza, Verizon, Atl Wings, and Sola Salon, demonstrating the property's appeal to a diverse range of businesses. This is a rare opportunity to acquire a well-located, established retail property in a thriving commercial area of Tucson. The property's size, location, and existing tenant base make it an ideal investment for discerning buyers seeking a strong return on investment.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2004
    Construction FRAME
    Total area 11,253 SF
    Lot 1.51 ac (65,890 SF)
    APN 127-13-051C
    UPID US07-0611290
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bullfrog Spas Factory Store – Tucson Broadway (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.43M
    CAP Approach CAP
    $1.65M
    Comparable Approach Comparable
    $2.36M
    Blend (final) Blend
    $2.34M
    Owner & transaction history
    Trc Properties Xii LLC · 4 yrs held
    Trc Properties Xii LLC
    since 2022
    Last sale
    $2.3M
    7 recorded transactions
    2023
    2022
    $2.3M
    2016
    $3.8M
    2010
    2010
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $3.1M +70.5%
    Medical building $2.5M +39.8%
    Industrial (general) $2.3M +29.1%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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