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Tucson Investment Group Buys Auto Corridor Property for $1.05M

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  • Tucson Investment Group Buys Auto Corridor Property for $1.05M
2nd Quarter Sales
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May 6, 2025
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Karen Schutte
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TUCSON, ARIZONA (May 6, 2025) – Coral Sea, LLC, a Tucson-based investment entity, has acquired a three-parcel commercial property located at 3101, 3125, and 3141 E Ajo Way in Tucson for $1,050,000. The transaction closed on April 28, 2025, with the seller listed as Paul D. Colucci et al, based in Carlsbad, California.

At the time of sale, the site was occupied by Affordable Autos of Tucson, a well-known used vehicle dealership serving the Tucson community, which is vacating it.

Located just east of the Kino Parkway and close to major arterial routes, the property spans multiple contiguous parcels and is zoned for commercial use, making it well-suited for automotive, retail, or redevelopment opportunities.

Paul Hooker, SIOR, of Cushman & Wakefield | PICOR represented the buyer, and Jeramy Price of VOLK Company represented the seller in the transaction. For more information, Hooker can be reached at (520) 546-2744 and Price is at (520) 326-3200.

The acquisition by Coral Sea, LLC reflects continued investor interest in Tucson’s centrally located commercial corridors with long-term occupancy and expansion potential.

Reference: RED Comp #11884.

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