8530 E Speedway Boulevard, Tucson, AZ 85710 (MLS# 22228652)

$1,200,000

8530 E Speedway Boulevard
Tucson, AZ 85710
MLS# 22228652
Status: Closed
1803 sqft

1 / 7

Property Description
Seller financing available for a Chevron C-Store!
This Chevron branded gas station/C-Store. is situated on a 51-acre parcel corner lot. with over 28,000 vehicle traffic per day on east Speedway. The business has been performing very well and is trending upward. There are 7 years remaining on the Chevron marketing agreement. The C-Store is a 1,803 SF retail building offering goods, beverages and customer service counter (see pictures).
The gas station has 8 pumps and the store features beer and wine, drinks, and light food. Third party vendors provide propane, water, bit coin, lottery, ATM. 14.7% cap rate based on store and gas sale net income.

Details

Maps

Documents

Address Information

Country: USA

Street #: 8530

Direction: E

Street Name: Speedway

Suffix: Boulevard

State/Province: AZ

Zip Code: 85710

County: Pima

Location, Tax & Legal

Tax Year: 2021

Taxes: 7191.09

Assessments: 0

Legal Description: Huntington Park W 150′ N 150′ Lot 178

Municipality/Zoning: Tucson – C1

Fire Protection: Included in Taxes

FEMA Flood Zone: TBD

Municipal Flood Zone: TBD

Tax Code: 133-25-1840

Area: East

Contract Information

Method of Title: Fee (Simple)

Short Sale: No

Current Price: $1,200,000

Sold Price: $1,200,000

Listing Date: 2022-11-09

Status: Closed

Status Change Info

Off Market Date: 2023-04-26

Sold Price/SqFt: 665.56

Lot Sz Sold Prc/SqFt: 53.7

Financing: Cash

Pending Date: 2023-04-24

Sold Date: 2023-07-31

Sold Price: $1,200,000

Showing Information

Directions: Drive to address on E Speedway. South side of street.

General Property Information

Property Sub-Type: Retail

Construction Status: Existing

Lot Dimensions: irregular

Lot Acres: 0.51

Total Parking: 12

Lot Sqft: 22346

Multi-Tenant: No

Lot Size Source: Assessor

Source of SqFt: Assessor

List Price/SqFt: 776.48

Lot Size Price/SqFt: 62.65

Year Built: 1989

Combined SqFt: 1803

Electric

3 Phase Power: Yes

Amps: 208v/120

Electric Company: TEPCO

Income

Other Income: 2856326

Net Opp Income: 206175

Gas

Natural: 1

Construction

Frame – Stucco: 1

Expenses

Other Expenses: 2667158

Sewer

Connected: 1

Unit Information

Other: Gas C-Store

Roof

Built-Up: 1

Rolled: 1

Water

Public: 1

Property Features

A.D.A. Compliant: Unknown

Drop Ceiling: 1

Phase 1 Report: Yes

Smoke Detector: 1

Fence

Block: 1

None: 1

Space Information

Ceiling Height: 12ft

Door Height: 8 ft

Road Type

Gravel: 1

Fenced Storage

No: 1

Lot Features

Corner Lot: 1

Subdivided: 1

Main Cooling

Heat Pump: 1

Main Heating

Heat Pump: 1

Water Heater

Natural Gas: 1

Terms

Cash: 1

Owner Carry: 1

Submit With Offer

Digital Signature Accepted: 1

Earnest Check: 1

Proof of Funds: 1

Seller Title Company: Stewart Title

Accessibility Option

None: 1

Window Features

Double Pane Windows: 1

Low-Emissivity Windows: 1

Security

Alarm Installed: 1

Closed Circuit Camera(s): 1

Security Lights: 1

Green Features

Bath Exhaust Out: 1

Sold Info

Seller Concessions: 0

Selling Comments: cash sale

Landscape – Front

Low Care: 1

Landscape – Rear

None: 1

Parking

Parking Lights: 1

Paved Parking: 1

Business Location

Corner Lot: 1

Free Standing Bldg: 1

Freeway/Highway

Over 5.1 Miles: 1

Traffic Count

15,001 to 35,000: 1

Possession

Negotiable: 1

Property Disclosures

Equipment List: 1

Lead Based Paint: 1

Leases: 1

Special Conditions

None: 1

Remarks Misc

Geo Lat: 32.235007

Geo Lon: -110.810351

Analysis

Cap Rate %: 14.7

Property Features

Property Features: Drop Ceiling; Smoke Detector

Construction: Frame – Stucco

Roof: Built-Up; Rolled

Fenced Storage: No

Main Cooling: Heat Pump

Main Heating: Heat Pump

Water Heater: Natural Gas

Gas: Natural

Sewer: Connected

Water: Public

Accessibility Option: None

Security: Alarm Installed; Closed Circuit Camera(s); Security Lights

Window Features: Double Pane Windows; Low-Emissivity Windows

Green Features: Bath Exhaust Out

Fence: Block; None

Landscape – Front: Low Care

Landscape – Rear: None

Road Type: Gravel

Parking: Parking Lights; Paved Parking

Lot Features: Corner Lot; Subdivided

Business Location: Corner Lot; Free Standing Bldg

Traffic Count: 15,001 to 35,000

Terms: Cash; Owner Carry

Possession: Negotiable

Submit With Offer: Digital Signature Accepted; Earnest Check; Proof of Funds

Property Disclosures: Equipment List; Lead Based Paint; Leases

Special Conditions: None

Listing Documents

Lead Paint Discl

Listing Office: Madera Realty and Mortgage

Last Updated: December – 20 – 2024

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