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Property profile & analytics
FOR LEASE
Retail space

6992 East Broadway Blvd Tucson, AZ 85710

7,745 SF 0.66 ac lot Built 1970
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US07-1166165
Property summary
AI-generated overview

This exceptional 15,600-square-foot office building, located at 6992 E Broadway Blvd in Tucson, Arizona, presents a unique investment opportunity. The property, classified as a Class B building, was constructed in 1970 and features a two-story design. The entire building, encompassing 15,600 square feet, is currently vacant and available for lease. The building is divided into two suites, each offering a minimum of 7,800 square feet of contiguous space, with the maximum contiguous space available being the entire 15,600 square feet. This allows for flexibility to accommodate a single large tenant or the possibility of dividing the space to suit multiple tenants. The property boasts ample parking, a significant advantage in a busy urban area. The building's traditional office layout provides a functional and adaptable workspace. Situated in Pima County, with a Tucson zip code of 85710, this location offers convenient access to major transportation routes and local amenities. The existing fixtures, furniture, and equipment (FF&E) may be available for purchase, providing a seamless transition for incoming tenants. This presents a rare chance to acquire a substantial, fully vacant office building in a desirable Tucson location. The property's size and layout make it suitable for a variety of businesses seeking a prominent presence in the Tucson market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction FRAME
Total area 7,745 SF
Lot 0.66 ac (28,857 SF)
APN 134-21-084G
UPID US07-1166165
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
  • NFP, an Aon company Insurance Agency
  • N F P Property & Casualty Services Insurance Agency
  • ProTek Insurance Insurance Agency
  • Ziehler Insurance Group LLC Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.30M
Owner & transaction history
Pacific Bay Ventures LLC · 4 yrs held
Pacific Bay Ventures LLC
since 2022
Last sale
$3.2M
2 recorded transactions
2022
$3.2M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.6M +188.5%
Neighborhood: shopping center $2.2M +79.2%
Commercial (general) $2.2M +73.7%
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More about this property
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