TUCSON, AZ (April 21, 2026) — A newly built Take 5 Oil Change property at 4501 E Speedway Blvd in Tucson has sold for $2,247,000 in an all-cash investment transaction. The sale closed March 11, 2026. The 2023-built property contains 1,456 square feet on 0.45 acres in the Northeast submarket of Tucson.

The seller was Tucson-Speedway Take Five LLC, c/o DBN Durban Management LLC of Charlotte, North Carolina. The buyer was the Melvin John Haste Trust, c/o MJX Properties, Inc. of Phoenix, with Melvin J. Haste listed as the buyer representative.

The property was marketed as a single-tenant net-leased investment. SRS Real Estate Partners handled the listing with Calvin Short, Matt Coates, Gary Cou, Aaron Cline, and Ed Beech as brokers.

Located along one of Tucson’s busiest commercial corridors, the property was promoted with a brand-new 15-year lease to Take 5 Oil Change and multiple renewal options, reflecting continued investor appetite for newer single-tenant automotive service assets with long-term lease structures.

The Speedway location is improved with a freestanding automotive service building featuring three drive-through bays and six grade-level roll-up doors.

Source: RED Comp #12382.

TUCSON, AZ (April 20, 2026) — A total of 34,321 square feet of new industrial and office space was reported leased in the Tucson market for the week of April 13–17, 2026, including 31,183 square feet in new leases and 3,138 square feet in renewals. Industrial and flex users led the week with 28,245 square feet of new activity, while office leasing accounted for 2,938 square feet of new deals. The largest industrial lease was Semper Fi Heating and Cooling LLC at 12,083 square feet at Broadbent Business Center, while the top office lease was Lexington DDD Services, LLC at 5,276 square feet at Wilmot Professional Plaza. Renewals were limited to office space this week, led by SGS North America Inc. with 3,138 square feet at North Tucson Business Center.

The following leases were reported to the Real Estate Daily News for the week of April 13–17, 2026.

NEW LEASES

INDUSTRIAL – 2155 N FORBES BLVD., #101, TUCSON, AZ 85745, WEST SUBMARKET
Semper Fi Heating and Cooling LLC leased 12,083 square feet of industrial space at Broadbent Business Center, 2155 N. Forbes Blvd., Suite 101, in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 7061 N CAMINO MARTIN, #110, MARANA, AZ 85741, NORTHWEST SUBMARKET
S & K Security Group, LLC leased 7,000 square feet of flex space at Ina-10 Flex Center, 7061 N Camino Martin, Suite 110, in Marana. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord, and Michael represented the tenant.

OFFICE – 6274 E GRANT RD., SUITE B, TUCSON, AZ 85712, NORTHEAST SUBMARKET
Lexington DDD Services, LLC leased 5,276 square feet of office space at Wilmot Professional Plaza, 6274 E Grant Rd., Suite B, in Tucson. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord, and David Walwyn with Commercial Properties, Inc. represented the tenant.

OFFICE/WAREHOUSE – 4100 S FREMONT AVE., #130, TUCSON, AZ 85714, SOUTH SUBMARKET
Davinci Collections LLC leased 2,434 square feet of office/warehouse space from Foothills Business Ventures LLC at 4100 S Fremont Ave., Suite 130, in Tucson. Max Fisher of BRD Realty handled the transaction.

INDUSTRIAL – 150 S CAMINO SECO, #209 & 210, TUCSON, AZ 85710, EAST SUBMARKET
Origin Security leased an additional 2,000 square feet in Suites 209 and 210 at Camino Seco Business Park, 150 S Camino Seco, in Tucson. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord and handled the transaction.

OFFICE/WAREHOUSE – 1687 W GRANT RD., #104, TUCSON, AZ 85745, WEST SUBMARKET
Birch Enterprises LLC leased 1,375 square feet of office/warehouse space from Grant Investors LLC at 1687 W Grant Rd., Suite 104, in Tucson. Jackson Kraft of CBRE represented the tenant, and Max Fisher of BRD Realty represented the landlord.

OFFICE/WAREHOUSE – 7941 E LAKESIDE PKWY., #108, TUCSON, AZ 85730, EAST SUBMARKET
Tucson Kei LLC leased 1,200 square feet of office/warehouse space from Lakeside BP LLC at 7941 E Lakeside Pkwy., Suite 108, in Tucson. Max Fisher of BRD Realty handled the transaction.

OFFICE/WAREHOUSE – 90 W FORT LOWELL RD., TUCSON, AZ 85705, CENTRAL SUBMARKET
Executive Industrial Waste Services LLC leased 1,100 square feet of office/warehouse space at 90 W Fort Lowell Rd. in Tucson from R Legacy Irrevocable Trust. Max Fisher of BRD Realty handled the transaction.

INDUSTRIAL – 4500 E SPEEDWAY BLVD., SUITE 105, TUCSON, AZ 85712, NORTHEAST SUBMARKET
Top Care Air, LLC leased 1,053 square feet of industrial space at Midway Business Park, 4500 E Speedway Blvd., Suite 105, in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE/WAREHOUSE – 8049 E LAKESIDE PKWY., TUCSON, AZ 85730, EAST SUBMARKET
LeDonne HVAC leased 1,000 square feet of office/warehouse space at 8049 E Lakeside Pkwy. in Tucson from Lakeside BP LLC. Max Fisher of BRD Realty handled the transaction.

RENEWALS

OFFICE – 3845 N BUSINESS CENTER DR., #115, TUCSON, AZ 85705, CENTRAL SUBMARKET
SGS North America Inc. renewed its lease with Pegasus Tucson Owner LLC for 3,138 square feet of office space at North Tucson Business Center, 3845 N. Business Center Dr., Suite 115, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 4500 E SPEEDWAY BLVD., #18, TUCSON, AZ 85712, NORTHEAST  SUBMARKET
Troubadour Theatre renewed its lease with Pegasus Tucson Owner LLC for 1,600 square feet of industrial space at Midway Business Park, 4500 E Speedway Blvd., Suite 18, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 3220 S DODGE BLVD., #6, TUCSON, AZ 85713, SOUTH SUBMARKET
Adchemco Scientific, Inc. renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at South Dodge Business Center, 3220 S. Dodge Blvd., Suite 6, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected].

TUCSON, AZ (April 20, 2026) — Tucson City Manager Timothy Thomure has recommended a $2.466 billion budget for fiscal year 2027, framing it as a plan to stabilize city finances after a difficult revenue year while continuing capital spending, employee pay investments, and key voter-backed programs. The recommendation includes a $716 million capital improvement plan and $131 million in debt service, with the capital budget rising 11% from last year.

The memo makes clear the city is still recovering from a significant FY26 revenue shortfall. General Fund revenues for the current year are now projected at $733.1 million, down $43.1 million from the original adopted budget. Even so, after spending controls and revised assumptions, the city now expects FY26 to end with an operating deficit of less than $1.7 million and an available fund balance of about $80.4 million.

A major priority in the FY27 recommendation is employee compensation. The budget includes $18.1 million for additional employee pay investments, including $12.8 million from the General Fund and $5.3 million from non-General Fund sources. Thomure said the funding is part of a multi-year plan focused on market-based pay, progression, performance reviews, and pay equity across the organization.

The proposed spending plan also reflects several policy and political issues that will shape Tucson’s finances over the next year. The budget assumes relief from the recently approved RTA Next plan, which the city says will reduce pressure on the General Fund by cutting mass-transit transfers by more than $5 million in FY27. The memo also points to two November 2026 ballot measures: a proposed new 25-year franchise agreement with Tucson Electric Power, which would preserve roughly $14 million to $15 million a year in franchise-fee revenue, and a proposed extension of the existing 0.1% Reid Park Zoo sales tax.

The city is also warning about risks ahead. Thomure’s memo says potential state tax-code conformity with recent federal changes could reduce Tucson revenues by more than $7 million in FY28. It also flags a legislative proposal that would freeze nearly all new local taxes, fees, and utility-rate increases for four years, which city officials argue would limit their ability to respond to rising service costs.

On taxes and fees, the proposed primary property tax rate would fall to $0.4245 per $100 of assessed valuation, below FY26’s rate. At the same time, the city is proposing fee changes that would take effect July 1, including adjustments tied to development, parks, and the new Clean City Fee, which the memo says would reduce General Fund expenses by about $830,000.

Transit remains one of the city’s biggest operating commitments. The proposed FY27 budget includes $141.7 million for the Mass Transit Fund, supported by a $60.8 million General Fund transfer, and $7.1 million for Sun Link, including a $3 million General Fund transfer.

Overall, the recommendation reads less like an expansion budget than a reset budget — one aimed at keeping core services intact, continuing infrastructure spending, and preserving flexibility as Tucson navigates weaker revenue growth and continued uncertainty from the state and national economy.

To read the full 36-page City Manager’s Memo go here:  MEMORANDUM FROM CITY MANAGER TIMOTHY M. THOMURE, P.E. DATED APRIL 21, 2026

City staff will present the City Manager’s recommended budget at three in-person Information Sessions and two virtual Information Sessions before the public hearing at the Mayor and Council Regular Session meeting on Tuesday, May 5.

When

• Wednesday, April 22, 2026 | 06:00 PM – 07:00 PM (In person and Virtual)
• Thursday, April 23, 2026 | 06:00 PM – 07:00 PM
• Tuesday, April 28, 2026 | 06:00 PM – 07:00 PM
• Thursday, April 30, 2026 | 06:00 PM – 07:00 PM
• Friday, May 01, 2026 | 09:00 AM – 10:00 AM (In person and Virtual)

Location

Thursday, April 23, 6-7 p.m.
Morris K. Udall Recreation Center
7200 E Tanque Verde Road

Tuesday, April 28, 6-7 p.m.
El Pueblo Recreation Center
101 W. Irvington Road

Thursday, April 30, 6-7 p.m.
Donna R. Liggins Recreation Center
2160 N. 6th Ave.

Go here for In-person and Virtual Information Sessions: FY2027 Recommended Budget City of Tucson for virtual sessions April 22 and May 1.