5530 Broadway BlvdTucson, AZ 85711

For Lease
  • Super regional malls
  • 76,225 SF

Property Details for 5530 Broadway Blvd

Year built
2010
Construction
CONCRETE
Lot size
7.71 AC
Property size (Sq ft)
76,225 SF
Property type
Super regional malls
APN
128-01-007A
APU
12801007A

Description

This exceptional 33,355-square-foot retail space is ideally situated at 5530 E Broadway Blvd, Tucson, Arizona, in the highly visible southeast corner of Broadway Boulevard and Craycroft Road. The property boasts a single-tenant occupancy, offering a unique opportunity for a large-scale retailer or business seeking significant visibility and ample space. Built in 1993, this Class B building features a single story and offers 175 parking spaces, ensuring convenient access for customers and employees. The zoning is C-1, City of Tucson, within Pima County, allowing for a variety of commercial uses. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize and develop. The property's substantial size and prime location make it an attractive investment opportunity for businesses seeking a strong presence in a thriving Tucson market. Estimated net-net-net (NNN) charges are $4.70 per square foot. This freestanding anchor building offers unparalleled visibility and accessibility, making it a highly desirable location for a variety of retail businesses. The property's size and location provide significant potential for growth and success. Contact us to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,398,674
    6.5%
    $17,906,468
    7%
    $16,627,435
  • Comparable approach

    Method
    Valuation
    Relative Method
    $31,963,276
    Geo Method
    $31,963,276
  • Alternative Use

    Use
    Valuation
    Residential
    $15,104,776
    Hospitality
    $13,835,894
    Educational
    $11,511,301
    Medical
    $11,907,192
    Retail
    $17,906,468
5530 Broadway Blvd, Tucson, Arizona

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2206
Longitude
-110.874
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
-
$907,095
$387,774
$1,294,869
-
$5,039,415
$2,154,300
$7,193,715

FAQs

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