5975 E Broadway Blvd 36,800 sq ft 100% Let Retail Property Tucson, AZ 85711 £5,161,407 (£140.26/sq ft) 7% Net Initial Yield

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.