MARANA, ARIZONA: The Dollar General at 12355 North Trico Road in Marana sold as an investment for $1.955 million ($218 PSF) to an Oregon investor, Tumalo Farms I, LLC, Kris Olsen, manager. The property sold at a 5.6% cap rate. The 8,980 square foot discount store was built in 2014 on an acre of land …
TUCSON, ARIZONA — Randolph Plaza at 4202 E 22nd Street in Tucson sold for $20.5 million ($113 PSF). The neighborhood retail center is anchored by Fry’s, Ross / DD’s, Goodwill, Dollar Tree, Rainbow, Peter Piper Pizza and several other national retailers. The 180,687 square-foot center was built in 1972 on 17.33 acres southeast of Alvernon …
Randolph Plaza Neighborhood Center Sells for $20.5 Million Read More »
TUCSON, ARIZONA – The Fiesta Mercado at 2920 – 2980 S 6th Avenue in Tucson sold for $12,265,000 ($149 PSF). Anchored by a 47,835-square-foot Food City grocery store, a subsidiary of Basha’s which opened its first store in Arizona in 1932. The company now serves every county in Arizona with 130 stores under the brands …
Fiesta Mercado Shopping Center Sold for $12.3 Million Read More »