TUCSON, AZ (February 25, 2025) -- Campbell Shops at 2502-2532 N Campbell Avenue in Tucson sold for $3.15 million ($161 PSF). The retail strip center has spaces for 20 tenants.
Located on the east side of Campbell Ave. between Spring St. and Water Street, the strip center was reported to be 80% occupied when sold on February 11, 2025.
Tenants included Asada Tacos & Beer, The Waxing Studio, Bings Boba Tea, and Cartel Coffee.
Eric Shain and Kirk Brummer of Kidder Matthews in Irvine, CA, handled the transaction.
"Our team generated 12 offers from a diverse group of investors through our proprietary marketing proves," said Shain. "Campbell Shops received interest from local Tucson investors along with SoCal-based and regional investors. There is very strong demand for multi-tenant strip centers like Campbell Shops."
Nancy McClure of CBRE in Tucson was leasing the property at the time of the sale.
The buyer, a Houston, TX-based investor, was LCP Campbell Shops, LLC.
The seller is a Fort Lauderdale, FL-based investor, Campbell Shops, LLC.
For more information, Shain can be reached at 760.685.6289, and Brummer is at 949.295.7262.
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