Take 5 Oil Change Coming to Sahuarita Palms Plaza

SAHUARITA, AZ, April 14, 2023 – Sahuarita Take 5, LLC purchased a 34,332-square- foot vacant parcel of land located at 1215 W. Duval Mine Road, Sahuarita, AZ in the Sahuarita Palms Plaza shopping center for a Take 5 Oil Change store.

The purchase price was $600,000 ($17.50 PSF) and the transaction closed on March 29, 2023.

Take 5 Oil Change believes in not wasting time.  So they make sure you’re not using too much of yours getting an oil change or a car wash. Their mission is to have you come back again and again and again. So they aim to wow customers with their speed, dazzle them with their services, and impress them with their staff.
There are already two Take 5 locations in Tucson. One at 850 W Irvington and another at 7960 W Broadway Blvd.

Craig Finfrock of Commercial Retail Advisors, LLC represented the seller, CRI Sahuarita Palms Plaza II, LLC, and the buyer, Sahuarita Take 5, LLC, represented itself in this transaction. Commercial Retail Advisors, founded in 2001, specializes in the leasing and sales of shopping centers and retailer tenant representation throughout southern Arizona. For more information, please contact Craig Finfrock of Commercial Retail Advisors at (520) 290-3200 or visit their website at www.cradvisorsllc.com.

To learn more, see RED Comp #10592.



Marcus & Millichap Arranges the Sale of AAMCO in Net-Leased Sale in Chandler

CHANDLER, Ariz., April 14, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of AAMCO, a 4,411-square-foot net-leased property located in Chandler, Arizona.

The asset sold for $3,333,333 ($756 PSF).

Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The deal includes a brand new 15-year absolute triple-net lease with a multi-unit franchise and 10 percent rental increases every five years.

AAMCO is located at the northwest corner of South Arizona Avenue and West Germann Road in Chandler, Arizona. The household and population of this area is projected to increase 10 percent in the immediate area by 2027 with 290,800 residents already residing within a five-mile radius. The asset is adjacent to a new Super Star Car Wash that is currently under construction and a new 556-unit luxury apartment. This location includes excellent visibility along Arizona Avenue with 32,500 cars per day and is situated less than one mile off the Loop 202 freeway, a major Phoenix area connector.



Oxford Realty Advises on Retail Investment and Dental Office Sales

TUCSON, ARIZONA, April 13, 2023 – Oxford Realty Advisors closed on two transactions recently valued at $1.6 Million.

Maqsood & Tayyeb Ahmad purchased a 7,722 square-foot retail building at 4037 N. Oracle Road from Poz Ben Bon Investment Corp.  A former strip center, the property was fully leased to Indian Motorcycles and sold for $1 million ($130 PSF) as an investment.

The transaction closed on March 31, 2023.

Robert Nolan of Oxford Realty Advisors represented the buyer, and Ian Stuart & Bruce Suppes of CBRE represented the seller in this transaction.

Dr. Sarah Kym, DDS, purchased a 3,319-square-foot former dental office at 4850 E. Broadway Blvd. from Gold Properties, LLC.

The seller was an owner occupant, and the buyer will be the same using property as a dental office.

The asset closed on March 28, 2023, for $591,763 ($237 PSF).

Karl Frye of Frye Practice Sales of Scottsdale represented the buyer, and Lori Casey, Cameron Casey, and Nancy Gansline of Oxford Realty Advisors represented the seller in this transaction.

For additional information, contact Nolan, the Caseys, and Gansline at 520.232.0200. Stuart can be reached at 520.323.5180, and Suppes is at 520.323.5155.

To learn more, see RED Comps #10565 and #10575.