Speedway Shops

About this opportunity

Listed by John Schweikert and Chad Tiedeman, Phoenix Commercial Advisors.

Trade-area snapshot

Highlights

• Speedway Shops is 100% leased to a cohesive roster of internet resistant, service-oriented tenants
• Scheduled rental escalations throughout the initial lease terms and remaining option periods
• Strong historic occupancy with half of the tenants having occupied the space for more than 10 years or more; Papa Johns has been at the property for 20 years
• Future upside from rent growth: the majority of tenants are gross leases with no remaining options, providing upside by transitioning to true NNN leases to reduce slippage and in bumping rents
• About 1 mile from the University of Arizona with over 54,000 total students and 5,200 staff
• Proximity to Banner University Medical Center Tucson, named Best Regional Hospital by U.S. News and World Report, with ±649 beds and one of the largest employers in the trade area
• Excellent access and visibility from Speedway Boulevard, a major east-west Tucson thoroughfare with over 42,000 vehicles per day
• Dense residential neighborhoods surround the property with over 277,000 residents within a 5-mile radius
• Average household income is over $101,000 within 1 mile of the property
• Food away from home consumer spending in 2025 was over $346 million within 5 miles

Property overview

Location2545 E Speedway Blvd, Tucson, AZ 85716

• I-10 · 2.8 mi
• University of Arizona · 1.0 mi
• Downtown Tucson · 3.3 mi

Get directionsOpen in Google Maps

Listing ID 2491105 · Investment sale · Updated 11/10/2026 · Retail brokers in Tucson