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5975 E Broadway Blvd 36,800 SF 100% Leased Retail Building Tucson, AZ 85711 $9,539,250 CAD ($259.22 CAD/SF) 7% Cap Rate



INVESTMENT HIGHLIGHTS
- Two Tenant NNN Leased Investment
- 10 Year Transferable Roof Warranty
- Across the Street from Park Place Mall
- Long Term Leases
- No Barriers to New Fiancning
EXECUTIVE SUMMARY
Exclusively listed by Orion Investment Real Estate - Nick Miner, CCIM.
This retail investment opportunity features a free-standing, two-tenant property positioned on 4.25 acres along Tucson’s major commercial corridor. The building’s highly visible frontage and proximity to Park Place Mall, the leading shopping destination in Southeast Tucson, ensure strong regional consumer activity and make it attractive for tenants seeking high traffic volumes and robust lease-up potential. Notably, the site connects with the neighboring Best Buy parking lot for additional convenience.
With a total of 36,800 square feet, the asset is currently 100% leased under net lease terms. Investors benefit from steady income, supported by a net operating income (NOI) of $483,000 and a cap rate of 7.0% at the current asking price of $6,900,000. The property was originally constructed in 2001 and fully renovated in 2025.
Situated at the cross-section of North Wilmot Road (43,003 vehicles per day) and East Broadway Boulevard (51,721 vehicles per day), the location anchors a vibrant trade area and offers proximity to national brands, specialty stores, and entertainment venues.
This retail investment opportunity features a free-standing, two-tenant property positioned on 4.25 acres along Tucson’s major commercial corridor. The building’s highly visible frontage and proximity to Park Place Mall, the leading shopping destination in Southeast Tucson, ensure strong regional consumer activity and make it attractive for tenants seeking high traffic volumes and robust lease-up potential. Notably, the site connects with the neighboring Best Buy parking lot for additional convenience.
With a total of 36,800 square feet, the asset is currently 100% leased under net lease terms. Investors benefit from steady income, supported by a net operating income (NOI) of $483,000 and a cap rate of 7.0% at the current asking price of $6,900,000. The property was originally constructed in 2001 and fully renovated in 2025.
Situated at the cross-section of North Wilmot Road (43,003 vehicles per day) and East Broadway Boulevard (51,721 vehicles per day), the location anchors a vibrant trade area and offers proximity to national brands, specialty stores, and entertainment venues.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
36,800 SF
Building Class
B
Year Built/Renovated
2000/2025
Price
$9,539,250 CAD
Price Per SF
$259.22 CAD
Cap Rate
7%
NOI
$667,748 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.20
Lot Size
4.25 AC
Zoning
C-1 - Neighborhood Commercial
Parking
560 Spaces (15.22 Spaces per 1,000 SF Leased)
Frontage
269’ on Broadway Blvd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Signage
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 127-09-008C | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $651,303 CAD |
PROPERTY TAXES
Parcel Number
127-09-008C
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$651,303 CAD
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5975 E Broadway Blvd
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