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DCM Development Company (Chris Lechner, manager) an affiliate of Lechner Construction of Tucson purchased a 56,581 sq. ft. lot for[mepr-show rules=”58038″]$325,000 ($5.74 PSF) at 1742 W Ruthrauff Road from Craig Lee Gross, et. al. and a 46,866 sq. ft. lot for $405,000 ($8.64 PSF) at 3751 S Pantano Road from Rose VL, FLP (Rose Gee, manager). Both properties are under construction with the standard 9,100 sq. ft. Dollar General buildings.

According to Lechner, the stores sell before construction is completed. DCM in November 2012 completed construction and the sale of the Dollar General at 1765 W Prince Rd. for $1.48 million ($163 PSF) to Colina DG Prince Rd, LLC et. al. of Salt Lake City, UT.

The Dollar General store at 15440 W Ajo Hwy in Three Points was constructed in 2012 and sold by SW Three Points DG, LLC, an affiliate of Southwest General Development of Phoenix (Beau Woodring, manager) on March 13, 2013 for $1.47 million ($161.50 PSF) to the Sadlier Living Trust of La Quinta, CA.

Dave Hammack of the Volk Company in Tucson represents Dollar General through DCM and Southwest General on the sale of completed stores and represented Southwest in Three Point and DCM in the Prince Road transactions. Bank of Tucson financed the construction.

DCM hopes to add seven more store sites this year and has five currently under contract, according to Lechner. To date, DCM has constructed five Dollar Generals in Tucson with two more under construction. The stores sell as triple net investments, fully leased and operated by Dollar General corporate. Lechner said DCM won’t sell all the stores it builds this year and would like to keep some for its own investment portfolio. Each Dollar General store provides work for 14-16 employees.

Other DCM built Dollar General locations in Tucson include: 945 E 22nd Street (built 2011), 5697 S Alvernon Way (built 2010), 5663 S 12th Avenue (built 2011), and 155 W Valencia Road (built 2007).

Dollar General Corporation of Goodlettsville, TN (NYSE:DG) published its intention to continue a consistent record of positive job growth in 2013 with the creation of 6,000 new jobs, and the planned addition of 635 new stores and 550 relocations nationally. With the addition of these jobs, Dollar General will have created approximately 30,000 new jobs in the last six years.

“Dollar General’s continued growth reflects our customers’ increasing satisfaction with our everyday low prices and convenience,” said Rick Dreiling, Dollar General’s chairman and CEO. “Further, 2013 will mark another growth milestone as we plan to open the organization’s 11,000th store before the year’s end when we will begin our 75th anniversary in 2014.”

In order to generate a high caliber candidate pool, Dollar General also participates in proactive hiring initiatives such as Paychecks for Patriots that demonstrate the company’s commitment to an employee base including veterans. The Paychecks for Patriots program helps resolve the challenges of unemployment facing veterans by equipping the military community with the resources to better access available job opportunities at committed companies.

“Dollar General is a thriving organization looking to attract new employees that embody our mission of ‘Serving Others,’ which complements the company’s efforts to promote from within. We are excited to welcome new talent with a passion for the retail business,” said Bob Ravener, executive vice president and chief people officer.

Dollar General’s commitment to employee development will also continue in 2013 by using training as an instrumental tool in the company’s overall success. Recently, Training magazine recognized the company among its Training Top 125 for the second consecutive year.

For additional information on Dollar General contact the Media Relations Department at (615) 855-5210. Lechner can be reached at (520) 888-1212. Hammack is at (520) 326-3200.

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Aire, LLC (Romeo Esquivel, MD and Ayaaz Ismail, MD) purchased a 2,032 sq. ft. office condominium at 2275 W Magee Rd., Suite #111, for[mepr-show rules=”58038″]$257,805 ($126.87 PSF) at the Magee Corporate Center from the developer, Magee Corporate Center, LLC (Wayne Rutschman, manager). Magee Corporate, built in 2007, is at the southwest corner of La Cholla Blvd. and Magee Road, next to the Walmart Supercenter, with recently completed road widening along Mcgee Road. Heater Realty is next door in Suite #112 on the west half of the shared 5,812 sq. ft. building.

The buyers are both gastroenterologists who are going into practice together and will owner occupy the space as a medical office. A gastroenterologist is a specialist in diagnosis and treatment of conditions involving the digestive/gastrointestinal (GI) tract. These doctors are experts on how food moves through the digestive system and is chemically broken down, with nutrients being absorbed and waste excreted.

In the Tucson area, with a population of approximately 982,000 people there are 63 gastroenterologists, which gives it a ratio of 1 gastroenterologist per 15,587 residents or a ratio of 1 gastroenterologist per 6,305 households. There are 397,197 households.

Tom Nieman of Cushman & Wakefield / Picor Commercial Real Estate Services represented the seller, Magee Corporate Center, LLC. Andrew Sternberg of Oxford Real Estate Advisors represented the buyers.

Nieman can be reached at (520) 546-2728 and Sternberg can be contacted at (520) 232-0200.

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With the extended economic down-turn, non-profits have had to adapt to a tightened economy and increased demands, the same as other businesses. This is how three non-profit groups, all working with youth in the community, have recently found to cope with their real estate challenges.

Open Inn, Inc. an Arizona non-profit (Judy Tocco, President) sold its 4,500 sq. ft. building with excess land at 630 E 9th Street for[mepr-show rules=”58038″]$240,000 ($53 PSF) to Jet To The Promised Land, LLC (Phil Lipman, manager) in a sale leaseback agreement. The building was built in 1947 on an 8,024 sq. ft lot and sold with an additional 14,500 sq. ft of excess land.

Open Inn is a community based non-profit organization that has provided shelter and crisis intervention services for homeless, runaway, and at-risk youth and their families since its inception in 1974. From its Tucson hub, Open Inn has developed programs for runaway and homeless youth in rural communities in Northern and Southern Arizona, which would otherwise not be served. Open Inn serves more than 6,000 individuals per year in shelter care, supervised transitional living, independent living, life skills training, community assessment, truancy and outreach services. The non-profit occupied the building at 9th Street since 1999 and will continue to occupy it as a tenant in a sale leaseback agreement with new owner.

Gary Best and John Hamner of Keller Williams of Southern Arizona represented the seller and Phil Lipman of Bright Properties represented himself in the transaction.

In an unrelated sale, Youth On Their Own (Theresa Baker, Executive Director), also a local non-profit for youth, sold the property at 1443-1449 W Prince Road to Southwest Conservation Corps (Rob Spath, Executive Director) a Colorado based non-profit. The property sold for $331,500 ($121 PSF) for the 2,736 sq. ft. building that was built in 1980 on a 42,000 sq. ft lot.

The buyer, Southwest Conservation Corps (SCC), was founded in 1998 to provide 14-25 year old youth with structured, safe and challenging service and educational opportunities through projects that promote personal growth, the development of social skills, and an ethic of natural resource stewardship. The SCC program model was built upon the legacy of the Civilian Conservation Corps of the 1930s, and incorporates guiding principles of experiential learning, respect, openness, willingness, commitment, responsibility, pride, excellence, health and safety, and fun.

According to Spath, “We are happy to continue to be good stewards for the building and found we shared much in common with the seller, both in the same business of helping youth. During the course of the sale, we formed a good working relationship with the seller that resulted in referrals to one another. SCC will merge 3-1/2 locations, spread out around town now, under one roof at its new Prince Road headquarters.”

Dave Blanchette of CBRE in Tucson represented the seller and Tony Reed of Long Realty in Tucson represented the buyer in the transaction.

Reed is also marketing SCC’s 2,485 sq. ft. building at 1376 W St. Mary’s Road that is now vacant for sale.

Youth On Their Own moved into its new headquarters at 1660 N Alvernon Way that was acquired last December from P&J Enterprises (Eric Hein, manager) for $597,500 ($124 PSF) for this 4,800 sq. ft., 1-1/2 story building, built in 2001 on a 16,500 sq. ft. lot. According to Baker, “We were looking for more space, that would be more centrally located, and were about to give up the search when they found the Alvernon Way property. The split floor plan allows for youth programs to be expanded on the ground floor with administrative offices and board room upstairs.”

Youth On Their Own provides youth, through no fault of their own, who lack a parent or long-term legal guardian in their lives with a stable nighttime residence, financial assistance, basic needs and guidance as they work to obtain a high school diploma.

According to Baker, “It’s important to remember that non-profits are like any other business, we just give our profits back to the community. There is also a fiduciary duty to not allocate more than 30% of our contributions to the business operations while providing services. That means we must run our operation as streamlined and efficient as any other business, and that requires the right people with experience and modern equipment.” Baker continues, “It has been made possible through community sponsors, that Youth On Their Own has grown from assisting 400 students in 2010, to over 1,000 students graduating last June.”

Mark Irvin of Mark Irvin Commercial Real Estate Services represented the buyer and Ian Stuart of CBRE in Tucson represented P&J Enterprises, the seller.

For more information or to assist any of these non-profits, Open Inn is at (520) 628-9590, contact Youth On Their Own at (520) 293-1136, or reach Southwest Conservation Corps. at (520) 884-5550. Lipman can be reached at (520) 906-7215. Best and Hamner are at (520) 615-8400. Blanchette should be contacted at (520) 323-5138 and Reed is at (520) 918-5189. Stuart is able to be reached at (520) 323-5180 and Irvin is at (520) 620-1833.

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