Park Avenue Health and Rehabilitation Center Sells for $34.3 Million

Park Avenue Health
Park Avenue Health and Rehabilitation Center

TUCSON, Ariz. (Oct 6, 2026) — Park Avenue Health and Rehabilitation Center, a 200-bed skilled nursing and rehabilitation facility at 2001 N. Park Avenue in central Tucson, sold for $34,315,000 in a transaction that closed September 29, 2026.

Park Villa Corporation of Westlake Village, California, sold the property to 2001 North Park Avenue Health Holdings LLC of San Juan Capistrano, California, Chad Keetch, purchasing manager.

The purchase price equates to approximately $171,575 per licensed bed and $549.78 per building square foot.

Built in 1987, the property contains approximately 62,416 square feet of improvements on 2.26 acres. The acquisition encompasses seven parcels within the Biltmore subdivision, zoned O-3.

Located north of the University of Arizona and west of Banner–University Medical Center Tucson, Park Avenue provides short-term rehabilitation, skilled nursing and long-term care. The facility offers private and semi-private accommodations, with around-the-clock nursing care and an in-house rehabilitation team.

Its therapy services include physical, occupational and speech-language therapy, with individualized treatment plans supporting recovery, mobility and daily living activities. The Arizona Department of Health Services lists the facility’s license as active, with a capacity of 200 beds.

The purchasing entity appears affiliated with The Ensign Group, which already operated the facility through its subsidiaries.




Tucson Lease Report: September 28 through October 2 2026

Tucson Lease Report

TUCSON, ARIZONA (Oct. 5, 2026) — Fitness operators led this week’s reported leasing activity, with Frontline 24/7 Fitness and CrossFit 646 accounting for a combined 10,692 square feet. Restaurant and cafe activity included a planned second Handel’s Homemade Ice Cream shop, a second Tucson AZ Sandwich Co. store, Urban Matcha and an expansion for Renee’s Tucson. Medical, office and service businesses rounded out the report.

Larsen Baker and VOLK Company reported 17 transactions totaling approximately 37,485 square feet for September 28 through October 2, 2026. The total includes new leases, an expansion, a sublease and two renewals totaling 2,930 square feet. The expansion figure reflects the reported premises and should not be read as incremental new absorption.

RETAIL – 8330 N. Thornydale Road, Suite 130, Tucson, 85741 – Northwest Submarket
Frontline 24/7 Fitness, LLC leased approximately 5,692 square feet at 8330 N. Thornydale Road, Suite 130. Andreas Castillo of VOLK Company represented the tenant. Paul Warren of Commercial Management & Investments, Inc. represented the landlord, Commercial Resource Investors II, LLC.

INDUSTRIAL – 6800 N. Camino Martin, Suites 130 and 136, Marana, 85741 – Northwest Submarket
646 Fitness, LLC leased approximately 5,000 square feet at 6800 N. Camino Martin, Suites 130 and 136, in Marana. The tenant, operating as CrossFit 646, will combine its existing locations and relocate to Tucson’s northwest side. Jeramy Price of VOLK Company represented the tenant. Jackson Kraft of CBRE represented the landlord, Clover Real Estate II, LLC / Foodtown Development Company II, LLC.

OFFICE/WAREHOUSE – 2028 E. 14th Street, Tucson, 85719 – Central Submarket
Sunset Interiors Inc. leased approximately 3,800 square feet at 2028 E. 14th Street. Joey Castillo of VOLK Company represented the tenant. Max Fisher of BRD Realty represented the landlord, The Rosenthal Trust.

MEDICAL – 11015 N. Oracle Road, Suites 121 and 131, Oro Valley, 85737 – Northwest Submarket
Tucson Dermatology, Ltd. leased approximately 2,590 square feet of medical space at 11015 N. Oracle Road, Suites 121 and 131, at Steam Pump Village Shops. The practice will occupy a former urgent care office. VOLK Company handled the lease for landlord Steamy Shops LLC and White Toys LLC. Terry Dahlstrom of VOLK Company represented the tenant.

INDUSTRIAL – 255 E. Valencia Road, Suite 100, Tucson, 85706 – South Submarket
Darr Equipment Co. of Arizona, LLC leased approximately 2,340 square feet at 255 E. Valencia Road, Suite 100. Andreas Castillo and Joey Castillo of VOLK Company represented the landlord, VCC Investors LLC.

RETAIL – 7061–7065 E. Tanque Verde Road, Tucson, 85715 – Northeast Submarket
Renee’s Tucson is expanding into approximately 2,228 square feet at 7061–7065 E. Tanque Verde Road. The restaurant has occupied space in the center since 2004, offering organic and healthful menu options along with gluten free favorites. The expansion is expected to be completed in spring 2027. VOLK Company represented the landlord, Sabino-Verde L.L.C.

MEDICAL OFFICE – 3001 E. Skyline Drive, Suite 115, Tucson, 85718 – Northeast Submarket
Face Me Aesthetics leased 2,200 square feet in Suite 115 at The Gallery Offices, at the northeast corner of Campbell Avenue and Skyline Drive. Isaac Figueroa, CCIM, SIOR, of Larsen Baker represented the landlord and handled the transaction.

RETAIL – 10325 and 10355 N. La Canada Drive, Oro Valley, 85737 – Northwest Submarket
Bella Chic, LLC leased approximately 1,940 square feet at 10325 and 10355 N. La Canada Drive. Andreas Castillo, Joey Castillo and Jeramy Price of VOLK Company represented the landlord, Canada Crossroads Baceline, LLC.

RETAIL – 2532 E. 6th Street, Tucson, 85716 – Central Submarket
Kuumba Made, Inc. subleased approximately 1,600 square feet at 2532 E. 6th Street in the Village of Sam Hughes shopping district. The company creates fragrances and wellness products using natural botanicals. Dave Volk and Joey Castillo of VOLK Company handled the sublease. The lease was assumed from Garret Iaco, LLC, which recently relocated Sorry Dad Studio to 2000 E. Speedway Boulevard. The landlord is Village of Sam Hughes, LLC.

RETAIL – 5955 E. Broadway Boulevard, Tucson, 85711 – East Submarket
Liberty Ice Cream LLC leased approximately 1,500 square feet at 5955 E. Broadway Boulevard for a second Handel’s Homemade Ice Cream shop. Jeramy Price of VOLK Company represented the tenant. Shannon Murphy of CBRE represented the landlord, AC Broadway Pad LLC.

RETAIL – 3760 S. Palo Verde Road, Suite 100, Tucson, 85713 – South Submarket
AZSANDCO 6 Tucson, LLC leased approximately 1,500 square feet at 3760 S. Palo Verde Road, Suite 100. The tenant operates AZ Sandwich Co. and plans to open its second Tucson store at the location. Andreas Castillo of VOLK Company represented the tenant. Jason Wong of Crestline Properties represented the landlord, AP Ventures, LLC.

RETAIL – 405 E. Wetmore Road, Suite G-111, Tucson, 85705 – Central Submarket
Urban Matcha leased 1,400 square feet formerly occupied by Subway at Tucson Place Shopping Center, 405 E. Wetmore Road, Suite G-111. The space will be used as a matcha and tea cafe. Isaac Figueroa, CCIM, SIOR, of Larsen Baker represented the landlord. Bryan Berkely of Arizona Restaurant and Bar Brokers represented the tenant.

RETAIL – 9420 E. Golf Links Road, Suite 100, Tucson, 85730 – East Submarket
David and Anna Zimmerman leased approximately 1,200 square feet at 9420 E. Golf Links Road, Suite 100, for their State Farm Insurance Agency. Mike Coretz of Commercial Real Estate Group of Tucson represented the tenants. Andreas Castillo, Joey Castillo and Jeramy Price of VOLK Company represented the landlord, D & D Properties Group Management, LLC.

OFFICE – 2100 N. Kolb Road, Suite 103, Tucson, 85715 – Northeast Submarket
Catalina Home Tech leased approximately 815 square feet at 2100 N. Kolb Road, Suite 103. Scott Negilski and Jeramy Price of VOLK Company represented the tenant. John Yarborough of Paul Ash Commercial Real Estate represented the landlord, Soli Deo Gloria Properties, LLC.

OFFICE – 7315 N. Oracle Road, Suite 240, Tucson, 85704 – Northwest Submarket
Eli Crane For Congress leased 750 square feet of office space at Two Oracle, 7315 N. Oracle Road, Suite 240, just north of the northwest corner of Oracle and Ina roads. Isaac Figueroa, CCIM, SIOR, of Larsen Baker represented the landlord and handled the transaction.

Lease Renewals

INDUSTRIAL – 1321 E. Ajo Way, Suite 115, Tucson, 85713 – South Submarket
Hussmann Services Corporation renewed its lease for approximately 1,730 square feet at 1321 E. Ajo Way, Suite 115. The tenant has occupied the space since 2013. VOLK Company represented the landlord, Ajo Business Center Limited Partnership.

RETAIL – 1718 W. Ajo Way, Tucson, 85713 – South Submarket
Binh C. Huynh and Ci T. Cao renewed their lease for approximately 1,200 square feet at 1718 W. Ajo Way. The tenants operate Nails Aqui, previously known as Nail Trix, a nail salon operating since 2003. VOLK Company represented the landlord,

Submit sales and leases to [email protected].




Barnes & Noble to Open 16,056 SF Store at Oracle Wetmore Shopping Center October 7

Barnes & Noble
Barnes & Noble

TUCSON, ARIZONA (Oct. 5, 2026) — As first announced in Real Estate Dail News Tucson Lease Report for March 23–27, 2026, Barnes & Noble leased 16,056 square feet at Oracle Wetmore Shopping Center. The bookseller will open its fourth Tucson bookstore October 7 in the former Joann Fabrics space at 4380 N. Oracle Road, Suite 150.

The bookseller leased 16,056 square feet from Acacia-Tucson LLC. Aaron LaPrise, principal and retail specialist with Cushman & Wakefield | PICOR, represented the landlord. Phil Dagostini and Greg Laing of Phoenix Commercial Advisors represented Barnes & Noble.

Located next to World Market, the store will feature a broad selection of books, toys, games, vinyl records, magazines and stationery, along with a Barnes & Noble Café. The opening returns the former craft store space to active retail use and expands the bookseller’s presence along the Oracle Road corridor.

Doors will open at 9 a.m. Wednesday, October 7. Tucson author Kathleen Glasgow will participate in the ribbon-cutting and sign copies of her novel, The Glass Girl. Children’s character Maisy will also appear for story time events during the opening weekend.

The new location joins Barnes & Noble’s existing eastside and westside bookstores and its smaller store inside Tucson Mall. Bret Christopherson, a 21-year Barnes & Noble veteran, will manage the Oracle Road store.

The opening is part of the company’s continuing national expansion. Barnes & Noble reports that its store count has grown from fewer than 600 in 2023 to more than 725. Its approach gives local booksellers greater influence over their stores, combining locally selected offerings with the resources of a national chain.

For Tucson’s retail market, the lease illustrates how an established shopping center can reposition space vacated by a departing tenant with a business that encourages browsing, repeat visits and time spent on site.