TUCSON, Arizona -- HA Arizona Properties of Tucson (Riad Altoubal, manager) has purchased the former Molina’s Restaurant at 1138 N Belvedere Ave. in Tucson for $429,500 ($79 PSF) to be owner occupy for expansion and relocation of Zayna Mediterranean Restaurant. Zayna, a popular local spot, specializes in Lebanese and Syrian dishes.
Currently located in a smaller leased space at 4122 E. Speedway, the buyer was attracted to the new location for the addition space and parking that is offers. With four large dining rooms and enough seating for 200 people, the new restaurant is significantly larger than Zayna’s current location inside what used to be Feast.
Molina’s restaurant which closed in May had occupied the premises for 64 years.
Esther Empens with Tierra Antigua Realty represented the buyer and Michael Laatrsch with CBRE Tucson represented the seller, La Familia Restaurants LLC and Los Cinco Hermanos LLC of Tucson.
The purchase was made possible with an SBA loan. Opening date at new location is anticipated by this Fall.
For more information, Empens can be reached at 520.271.5585 and Laatsch should be contacted at 520.323.5191.
To learn more, see RED Comp #4890 and for more listing such as this go to RED Listing Registry.