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8530 E Speedway Blvd

1,803 SF Retail Building Tucson, AZ 85710 $2,200,000 ($1,220/SF) 6% Cap Rate

Executive Summary

Prominent position along Speedway Blvd, a significant Tucson thoroughfare known for its heavy traffic flow (±42,895 VPD). Located in close proximity to various shopping complexes, with national tenants such as Walmart Supercenter, Sprouts, Lowe’s, Fry’s, Safeway, and more. Tucson is the 2nd-most populated city in Arizona (Population of 546,019).

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,803 SF
Building Class
B
Year Built/Renovated
1966/2020
Price
$2,200,000
Price Per SF
$1,220
Cap Rate
6%
NOI
$132,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.51 AC
Zoning
C-1 - Conforming use.
Parking
12 Spaces (6.66 Spaces per 1,000 SF Leased)
Frontage
129 FT on E Speedway Blvd

Amenities

  • Bus Line
  • Corner Lot
  • Security System
  • Signage
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Bitcoin Depot - Bitcoin Atm
  • -
  • 500 SF
  • -
  • -
  • -
  • 1,803 SF
  • -
  • -

Chevron is one of the world’s leading integrated energy companies. They believe affordable, reliable, and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals, and additives; and develops technologies that enhance their business and the industry. To advance a lower-carbon future, they are focused on cost-efficiently lowering their carbon intensity, increasing renewables and offsets in support of their business, and investing in low-carbon technologies that enable commercial solutions. Their greatest resource is their people. Their ingenuity, creativity, and collaboration have met the complex challenges of energy’s past. Together, they’ll take on the future.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Bitcoin Depot - Bitcoin Atm - 500 SF - -
- 1,803 SF - -

Nearby Major Retailers

Salad and Go
Starbucks
WaFd Bank
Bank of America
Chase Bank
Fry’s Food Stores
IHOP
Sprouts Farmers Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133-25-1840
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$50,399
  • Listing ID: 32892207

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 8530 E Speedway Blvd, Tucson, AZ 85710

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