TUCSON, AZ (September 20, 2024) – A four-tenant Retail Strip Center at 5700-5704 E Broadway Blvd. sold recently for $1,264,000 ($193 PSF / $316,000 per retail space).
The sale closed August 26, 2024.
Jeramy Price of VOLK Company represented the buyer, Bynum Broadway Plaza, LLC of Tucson, in purchasing an approximately 22,366-square-foot parcel with approximately 6,500 square feet of improvements.
The tenants in place are: Vape Shop, Nail Spa, Straight Edge Barbershop, Grace Barra Jui Jitsu / Martial Arts Tucson.
The seller, S. Leonard Scheff and Susan Sheppard Scheff Revocable Living Trust, was represented by Erik Chapman of Chapman Management Group.
For more information, Price can be reached at 520.441.4771 and Chapman is at 520.622.5544.
To learn more, see RED Comp #11452.