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Tucson Multitenant Oracle Road Retail Sells for $900,000

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  • Tucson Multitenant Oracle Road Retail Sells for $900,000
1st Quarter Sales
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March 17, 2022
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Karen Schutte
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TUCSON, ARIZONA – Tucson Holdings, LLC of Fort Lauderdale, Florida purchased the retail center at 5961-5971 N Oracle Road in Tucson for $900,000 ($158 PSF).

Built in 1978, the 5,708-square-foot building sits on 29,674-square-feet of land at the southwest corner of Rudasill and Oracle Road in the Northwest submarket of Tucson.

The property was fully leased to two tenants at time of sale, Leslie’s Pools and Om Yoga. Both tenants had recently extended their leases showing their commitment to the property. Leslie’s Pools has been at this location since 1989.

The transaction closed February 25, 2022.

Jeramy Price with VOLK Company represented the buyer and Greg Furrier of Cushman & Wakefield | PICOR represented the seller, The Palant Family Trust, Gary and Sandra Palant of Tucson.

For more information, Price can be reached at 520.441.4771 and Furrier is at 520.546.2735.

To learn more, see RED Comp #9688.

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