TUCSON, ARIZONA (May 14, 2025) – Washington-based Costco Wholesale Corporation has acquired Costco Plaza, a 14,519-square-foot retail strip center on 3.81 acres at 3821 W. Costco Drive in Tucson, Arizona, for $4,206,000 (approximately $290 per square foot). The seller was Bay Shore Oil Company Inc. of Huntington Beach, California.
The retail center is adjacent to Costco’s existing warehouse near the high-traffic Ina and Thornydale retail corridor. Current tenants at the center include Complete Flooring, E-Konomy Pool Service & Supplies, and Brett Interiors Leather Furniture Gallery. Situated at the entrance to the Costco complex, the center offers high visibility and customer exposure.
Costco purchased the property to facilitate the expansion of its adjoining gas station, aiming to significantly enhance fuel service capacity and alleviate long-standing traffic congestion at the site. Customer reviews frequently cite long lines and challenging access due to the gas station's heavy usage. The acquisition aligns with Costco’s broader strategy to expand fuel services in growth markets, including a recent land purchase at The Bridges at Tucson Marketplace for a similar purpose.
These expansion efforts reflect Costco's continued commitment to improving fuel accessibility and overall customer convenience at its warehouse locations nationwide. The NW Tucson site benefits from a strong retail mix surrounding it, with neighboring anchors such as Home Depot, DSW, and Michaels, further contributing to robust customer traffic.
Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in the transaction. Greg Laing of Phoenix Commercial Advisors represented the buyer.
For more information, Dave Hammack is at (520) 546-2712, and Greg Laing is at (602) 734-7207
Reference: RED Comp #11867