2738 Campbell AveTucson, AZ 85719

  • Strip malls
  • 14,641 SF
For Lease
$14/SF/YR View listing

Property Details for 2738 Campbell Ave

Year built
1965
Construction
FRAME
Lot size
1.21 AC
Property size (Sq ft)
14,641 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
112-06-009B
APU
11206009B

Description

Gee Plaza presents a compelling retail investment opportunity in Tucson's vibrant midtown area. This shopping center, situated on a high-traffic corner at the southeast intersection of Campbell Avenue and Glenn Street, offers four available spaces ranging from 1,171 to 2,368 contiguous square feet, with a total of 5,351 square feet currently vacant. The property benefits from a strong daytime population, fueled by its excellent location within a corridor boasting a high concentration of retail, office, and medical spaces. Its strategic placement provides exceptional visibility and accessibility. The surrounding area is further enhanced by the proximity of major institutions, including the University of Arizona, Banner University Medical Center, and the Arizona Cancer Center, creating a robust and diverse customer base. This location is particularly attractive to commuters from the affluent Catalina Foothills, making it an ideal spot for businesses seeking to capture this desirable demographic. The property is located on the "going-home" side of traffic for these commuters, ensuring high visibility and accessibility. This is a rare opportunity to secure retail space in a prime location with significant potential for growth and success. The minimum divisible space is 1,171 square feet. The property is located in Pima County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,726,022
    6.5%
    $3,439,404
    7%
    $3,193,733
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,139,381
    Geo Method
    $6,139,381
  • Alternative Use

    Use
    Valuation
    Residential
    $2,901,266
    Hospitality
    $2,657,544
    Educational
    $2,211,046
    Medical
    $2,287,087
    Retail
    $3,439,404

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2568
Longitude
-110.943
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
$20,510
$95,121
$115,683
$210,804
-
$528,450
$642,684
$1,171,134

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