TUCSON, Arizona — A California investor, Atlas BL. Ajo Way, LLC bought a soon to be vacated 2,586-square-foot Taco Bell at 708 W. Ajo Way for $950,000 ($367 PSF).

The property has a drive-thru with ability to add more stacking at this well-maintained building with 26 parking spots. Monument signage and menu board made this soon to be vacated property attractive to the investor.

It also has two access points: off of Ajo Way and 14th Avenue with a separate drive-thru egress and a separate drive-thru egress point.

The current tenant, Taco Bell is leaving April 1, 2020, and the property was sold as vacant. Buyer purchased it to re-lease and has it back on the market with the Western Retail Advisors.

Gordon Wagner and Ben Craney with NAI Horizon represented the seller, Plum Vista LP and Bryan Babits and Bryan Ledbetter with Western Retail Advisors represented the buyer in this transaction.

For more information, Wagner and Craney should be reached at 520.326.2200. For leasing information, Babit can be reached at 602.778.3747 and Ledbetter is at 602.795.8670.

To learn more, see RED Comp #7571.

Minutes Outside of Tucson Last Listed for $7 million, Rancho de Los Cerros Will Be Sold, Subject to a Minimum Bid of $2.75 Million!

TUCSON, ARIZONA – Fine & Company, LLC (FineAndCompany.com), announces the auction of Rancho de Los Cerros, 13500 Oracle Road, Tucson, AZ a replica 1800’s Western Town, boasting an 8,000-square-foot hacienda, old town replica, Club de Campo, historic carriage house, caretaker’s home, free form swimming pool, stables, riding arena and event center all set on ten acres and surrounded by the 5,500-acre Catalina State Park.

Rancho de Los Cerros was the vision David and Molly Hoffman who together transformed a dilapidated former Girl Scout Camp on pristine wilderness outside of Tucson into a residence and event venue filled to the brim with over 500 pieces of museum-worthy cowboy art and collectables.

The real estate will be sold at auction, subject to a minimum bid of $2,750,000. Sealed bids are due on or before 2:00 p.m. MST, March 25.

The Western Americana Art and Cowboy Collectibles will be sold in an online auction closing on April 22ndand features dozens of rare items including a Bohlin saddle collection, restored carriages, a Buck McCain full size cowboy statue, as well as dozens of paintings, bronze sculptures and other cowboy collectibles. Michael A. Fine, president of Fine & Company, said: “This is a rare opportunity to acquire arguably the most unique residence or event venue in Tucson – it is like nothing else. There simply are no other opportunities to buy ten acres of land totally surrounded by the 5,500 protected acres of the Catalina State Park. If that’s not enough, the land has been developed as a replica southwestern cowboy town and has been used as a private residence and event venue for the past 30 years.”

Rancho de Los Cerros dates back to 1907 when Jesus Ellias filed his homestead application. For a period of time it operated as a Girl Scout Camp. It is located at the end of a one mile private road on the northern outskirts of Tucson, next to Oro Valley and only twelve miles to downtown. It is surrounded by the 5,500 Catalina State Park with sweeping views of the stunning backdrop of the Catalina Mountains.

David Hoffman, who owns the home and Tucson’s iconic Lil Abner’s Restaurant together with his wife Molly Hoffman said: “The auction focuses the market’s attention on this property, establishes a time-certain date of sale, where all interested buyers can compete to purchase the real estate and our large collection of Western Americana Art and Cowboy Collectibles. We selected Fine & Company based on their vast knowledge of marketing and structuring the sale of unique real estate and trophy homes throughout the United States and National Property Solutions for their experience in marketing personal property and other such assets.”

Over the past 32 years, Rancho de Los Cerros has hosted parties and events for such companies as American Express as well as festivals, weddings, corporate and social events for up to 1,000 guests and featuring bands including the Beach Boys. The event center can accommodate 300 seated guests for dinner. There are designated bars and serving locations along with commercial restrooms and maintenance buildings.

The grand scale of this comfortable estate is sure to impress with its exceptional level of detail. The well-appointed hacienda provides 8,000 feet of living spaces including the opulent living room with large picture window designed to look as though there is a massive hole in the wall providing a up front and personal look at the waterfall built immediately outside. Native animals and birds are constantly seen drinking from the waterfall and its small ponds.

Fine added, “unique opportunities don’t come along very often. Rancho de Los Cerros is an astonishing home or event venue located in a breathtaking and extremely private location. When you step onto the property you will feel transformed into another time and era. The buyer can escape to their own oasis while being just minutes from all of the reasons to live in Tucson. Rarely is there an opportunity to buy a piece of art you can live in.”

The property is available for viewing on: February 29th as well as March 8, 14 & 22 by appointment between 1:00 p.m. and 3:00 p.m. The purchase of a detailed Bidder’s Information Packet is required to bid. Viewings may be scheduled, and packets may be obtained by calling (312) 278-0600 ext.101.

Also below is a video if you are interested in seeing more.