8530 Speedway Blvd Tucson, AZ 85710-1716
Property Lookup
Property profile & analytics
8530 Speedway Blvd Tucson, AZ 85710-1716
- Gas stations
- 1,803 SF
- 0.51 lot acres
Property ID
US07-0153803
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Chevron / Grocery & Convenience Store
- Bitcoin Depot | Bitcoin ATM / Atm
- Bitcoin Depot - Bitcoin ATM / Atm / Crypto Atm
Property Details for 8530 Speedway Blvd
- Year built
- 1989
- Construction
- STEEL FRAME
- Lot size
- 0.51 lot acres
- Property size
- 1,803 SF
- Property type
- Gas stations
- APN
- 133-25-1840
- APU
- 133251840
Description
This exceptional investment opportunity presents the fee simple interest in a 1,804 square foot Chevron gas station and convenience store in Tucson, Arizona. Located at 8530 E Speedway Blvd, this single-tenant property boasts a 20.1-year absolute NNN lease with a remaining term of 18.8 years, commencing August 1, 2023, and expiring August 31, 2043. The lease includes two 5-year renewal options and features a 10% rent increase every five years, providing excellent protection against inflation. Built in 1989 and significantly renovated in 2020, the property includes four gas pumps and a well-maintained convenience store. The property sits on a 22,366 square foot lot and enjoys 100% occupancy. The current Net Operating Income (NOI) is $132,000, resulting in a 6.00% cap rate and a price per square foot of $1,219.51. The asking price is $2,200,000. This property benefits from its strategic location near major retailers such as Walmart, Sprouts, Lowe's, Fry's, and Safeway, within a densely populated area of Tucson, Arizona, the second-largest city in the state. The tenant is backed by a strong guarantor with a net worth exceeding $19.25 million. This is a truly passive investment opportunity with minimal landlord responsibilities, making it ideal for investors seeking a hands-off, high-return investment. The property's Class B designation and strong tenant history further enhance its appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,300,000
- ML approach
- $2,260,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.81
- Latitude
- 32.235
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,528
$26,168
$33,561
$59,729
-
$145,379
$186,450
$331,829
