6061 Broadway BlvdTucson, AZ 85711

Property Details for 6061 Broadway Blvd

Year built

1978

Construction

FRAME

Lot size

3.56 AC

Property size (Sq ft)

23,781 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

127-13-078B

APU

12713078B

Description

This two-story, 47,031 square foot shopping center is located on Broadway Boulevard, Tucson's main east-west arterial, directly across from Park Place Mall. The property offers multiple suites for lease, ranging from a minimum of 1,031 square feet to a maximum contiguous space of 3,520 square feet. A total of 9,316 square feet is currently vacant, providing excellent opportunities for retailers of various sizes. The center currently houses five suites in total, with existing tenants including Jason's Deli and the new Black Bear Diner. The building does not have elevators. This prime location offers high visibility and accessibility, making it an ideal space for national, regional, or local retailers seeking a prominent presence in a busy commercial area. Lease rates start at $5 per square foot. The flexible space options allow for customization to suit a variety of business needs. This is a rare opportunity to secure retail space in a thriving shopping center with strong existing tenants and high foot traffic. Inquire today for available suite sizes and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $6,052,081

  6.5%

  $5,586,536

  7%

  $5,187,498

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,972,039

  Geo Method

  $9,972,039

• Alternative Use

  Use

  Valuation

  Residential

  $4,712,452

  Hospitality

  $4,316,581

  Educational

  $3,591,345

  Medical

  $3,714,856

  Retail

  $5,586,536

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2225

Longitude

-110.863

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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