Sahuarita is a newly developed culturally diverse residential and business community and is one of Arizona’ s fastest-growing communities. Positioned along Interstate 19 with convenient access to Interstate 10, Sahuarita has an estimated retail trading area of 70,000 people and is forecasted to grow to 140,000 by 2020.

A private Californian-investor from San Francisco purchased the Pet Club at 2585 N Abrego Drive in Sahuarita, AZ for $3.12 million ($299 PSF). The 10,450-square-foot Pet Club Feed and Tack Store opened in Sahuarita in December 2015 just before the closing.

The seller, SimonCRE bought the 43,412-square-foot improved lot at the northwest corner of Abrego Drive & Duval Mine Road in Sahuarita for construction of the 10,450 -square-foot Pet Club Feed and Tack Store. Located off I-19 on Nogales Highway, Pet Club is on a long-term fifteen (15) year net lease with a corporate guarantee. The lease includes 10% rent increases every five years and three, five-year renewal options.

Pet Club has been serving loyal customers for over 30 years, with over 60 locations in Arizona, Colorado and Texas. This location serves pet lovers in Green Valley, Tucson and Sahuarita.

The site provides excellent retail synergy being located across the street from Madera Marketplace including retailers such as Walmart, Big Lots, Big 5, Ross, AutoZone and Walgreens and many more.

Greg Saltz with GPS Retail and Chad Tiedeman with Phoenix Commercial Advisors represented the seller, SimonCRE and David McDonald, CCIM, with Idaho Commercial Brokerage in Boise, Idaho represented the buyer.

For more information, Saltz can be reached at 602.672.4559, McDonald can be called at 208.343.9300 and Tiedeman should be contacted at 602.288.3472.

To learn more, see RED Comp #3516 and prior land sale at RED Comp #2988.

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SPD 18726 Nogales Hwy, LLC of California (Deyan Petakovich, manager) bought an outlot in Sahuarita at the Walmart Super Center, a two-unit strip center in Sahuarita Plaza, for $2.075 million ($371 PSF). Located in a 136,000-square-foot retail center, the outlot was 100% leased to Radio Shack and Pacific Dental, both with corporate guarantees at time of sale.

Newly built in 2011, a recent lease assumption was made by a Sprint Entity for the former Radio Shack (2,100 SF) that was assumed by General Wireless.

The center and its tenants benefit from the excellent demographics, strong traffic counts and tremendous visibility along South Nogales Highway. This dominant retail corridor includes many national retailers such as Walmart, Ross, Big Lots, Petco, Jo-Ann, Denny’ s, Pizza Hut, Carl’ s Jr, T-Mobile, Bank of America, Walgreeens and many more.

Brandon Duff and Brad Feller with Stan Johnson Company in Scottsdale, AZ handled the transaction for both buyer and seller, 18000 Nogales, LLC (Art Shepherd, manager).

For more information, Duff and Feller should be reached at 312.240.0127

To learn more, see RED Comp #3533.

Jacobus Avenue, LLC (Chris & Rose Faisch, managers) bought the industrial building at 711 S Jacobus and 555 E 18^th Street in Tucson for $1.94 million ($35 PSF). The buyer held a partial interest in the selling entity and was a tenant prior to sale dba AAA Old Pueblo Moving & Storage.

Built in 1978, the property was reportedly appraised at $2 million at time of sale.

The second tenant in the building is Maracana Indoor Soccer that occupies a portion of the building with AAA Old Pueblo Moving & Storage.

The buyer plans to continue to occupy property while leasing the remainder of building.

Jon O’Shea, Rob Fischrup and Eric Lamb with Vast Real Estate Solutions in Tucson represented the seller, 18 Central, LLC of Tucson (Eddy Chernecki, manager).

For more information, O’Shea, Fischrup and Lamb should be contacted at 520.398.7104.

To learn more, see RED Comp #3593.

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Wilbur Parsons of Sierra Vista, AZ purchased the property at 30 W Alturas in Tucson for $400,000 ($58 PSF) to owner occupy. The 6,930-square-foot industrial building was built 1973 and is completely fenced, with 2 bathrooms, one ADA, evap. cooled warehouse, showroom, break-room, gas services available, emergency eye wash, monument sign.

Building has approximately 2,000- square-foot office space with two private offices, and approximately 5,000-square-foot manufacturing area, two 10’x12’ roll up doors and is located on a 45,000-square-foot lot.

Ron Zimmerman, Industrial Specialist with Cushman & Wakefield | Picor represented the seller, French, LLC (Amy French, manager) and Roger Breckenridge with Long Realty of Tucson represented the buyer.

For more information, Zimmerman can be reached at 520.546.2735. Breckenridge should be contacted at 520.918.5813.

To learn more, see RED Comp # 3593.

COPE Properties has purchased the ground lease at 10 E. Broadway for $2,125,000 from the Deborah Grey Weiss and Melinda Elizabeth Curry.

The existing ground lease is with The Westerner office building, a four-story building in downtown Tucson that had seven years remaining on the 16,800-square-foot ground lease. Currently with four-stories, the building can be expanded up to 12-stories.

David Volk and Bruce Suppes with CBRE’s Tucson office, along with Jason Hisey with Ray Schneider Properties, represented the buyer. The seller was self-represented.

Volk and Suppes are also leasing agents for the building. For more information, contact them in the CBRE Tucson office at 520.323.5100.

To learn more, see RED Comp #3573.