MARANA, AZ (April 26, 2024)—The final lot at Breakers 40 in Marana has been sold for $875,000 ($209.53 PSF), presenting a promising opportunity. The sale included an office and warehouse building totaling 4,176 square feet built in 1982 on the one-acre parcel. The buyer also acquired the adjoining one-acre lot next door, further expanding the potential of this property.

The property at 8070 and 8090 W Breakers Way in Marana is fully fenced, with a 24’ warehouse clearance height, 400 amps, 3-phase power, and three grade-level doors.

The transaction closed on March 20, 2024.

The buyer is a Phoenix-based Sun Country Truck Equipment, Inc. affiliate, c/o Tim and Derek Williams.

Breakers 40 Industrial Park consists of 16 one-acre HI zoned, one-acre lots developed by MC Tangerine Property, LLC c/o Mark Martinez. Tim Healy, with CBRE in Tucson, represented the developer.

“The lots sold out quickly over two years,” Healy said. “Meeting the stringent demands of HI Zoning for Heavy Industrial use, the industrial lots serve the needs of many diverse companies. All built on the former Breakers Water Park Site that closed in 2018.”

The developer, MC Tangerine Property, bought the 40 acres for land value, with pools and buildings included, in November 2020 and redeveloped 20 acres for 16 one-acre industrial lots. There were 35.3 net acres, with 4.7 acres reserved for an archeological dig. The sale price was $940,000 when it sold in 2020.

20 acres remain for undetermined development.

For more information, Healy should be reached at 520.323.5119.

See RED Comp #11196 and #8236 for the original acquisition in 2020.

TUCSON (Vail), AZ (April 23, 2024) — D.R. Horton is continuing its expansion at Sycamore Vista with the takedown of 25 SFR lots for $1.875 million ($75,000 per lot). This is the second takedown for an option for 57 lots at $1,750 a frontage foot that closed on March 29, 2024.

D.R. Horton finished the rolling 52-lot option agreement at Sycamore Vista in February and now has another 57 SFR of lots to build.

All lots are 70 feet wide and average 8,000 square feet.

The new phase of Sycamore Vista is at the base of the Santa Rita mountains and around the corner from Corona Foothills Middle School, Sycamore Elementary School, and Copper Ridge Elementary School in the highly sought-after Vail School District.

D.R. Horton has seven different floorplans, all paired perfectly with the beautiful mountain surroundings and unparalleled sunset views. Residents appreciate the easy access to schools, shopping, dining, and recreation.

Dan Feig with Chapman Lindsey Commercial Real Estate Service handled the transaction representing DR Horton and the seller, NT Properties of Tucson c/o Steven Russo, managing member.

For more information, Feig can be reached at 520.747.4000

TUCSON, AZ (April 18, 2024) — Jeramy Price of VOLK Company represented SS Enterprise Holdings, LLC of Phoenix, in its purchase of a 1.42-acre, approximately 61,834-square-foot pad at 5075 E Valencia in Tucson for $1.2 million ($19 PSF) in Valencia Crossing Commercial.

The property is strategically located adjacent to a 7,328-square-foot Quik Trip travel center being built at the northwest corner of Valencia Crossing Drive and Valencia Road, near I-10. The QT will have a 16-lane gas island and a 6-lane diesel island.

The buyer has earmarked the pad to develop a Super Star Car Wash.

Lennar has sold 162 homes east of Valencia Crossing Drive, and Meritage is developing 165 lots north of Lennar. The property to the north of the commercial pad areas and west of Valencia Crossing Drive has been sold to an apartment developer, and 368 units are planned.

The transaction closed on March 19, 2024.

Derrick Sinclair, CCIM, with Terramar Properties, represented the seller, Valencia Crossing Long Term Investment, an affiliate of Terramar.

This will be the fifth site for Super Star Car Wash in metro Tucson; those open are at:

• 5225 E Speedway Blvd;
• 1505 W Valencia Road; and
• 401 W Orange Grove Road

The fourth location is under construction at 13550 E Colossal Cave Road in the Vail area of Tucson.

For more information, Price can be reached at 520.441.4771, and Sinclair is at 520.577.7800.

To learn more, see RED Comp #11233.