Branel Real Estate Company Facilitates the Sale of an Industrial Property and an Office Condominium

TUCSON, AZ (October, 18, 2024) The industrial property at 4752 S. Tennessee Pl consisting of approx. ¼ acre land and a 2,000 square foot 40’x50’ building sold to Alliance Asphalt for its operations.

The gated lot has double gates, 3-phase power, an 8’x10’ office with full bathroom and kitchen area inside the metal building with an exit to the yard.

The asset sold for $275,000 ($137.50 PSF) and closed on October 15, 2024.

Batoun Herrington, CCIM, CPM® of Branel Real Estate represented the buyer, Motley Two Capital, an affiliate of Alliance Asphalt, in the transaction.

In a separate transaction, 4562 N. 1^st Ave. Suite #120, a 1,242-square-foot office condominium at Rillito Business Park, at First Ave south of River Road in Tucson

The asset sold for $305,000 ($246 PSF) and closed on October 16, 2024.

Batoun Herrington, CCIM, CPM® of Branel Real Estate Company, represented the seller. The buyer was self-represented in this transaction.

For more information, Herrington should be reached at 520.524.5248 or Branel Real Estate Company, LLC – Tucson Commercial Listings & Brokers.

To learn more, subscribers can refer to RED Comp #11531.