TUCSON, Arizona – A Mesa investment group purchased the freestanding retail building at 760 W Valencia Road in Tucson for a Cox Cable Store. The vacant asset sold for $450,000 ($141 PSF).

The buyer plans to convert the former Payless Shoes into a Cox Cable Store. Cox will be relocating its one of three stores at 1610 W. Valencia Rd. to this new, larger location.

As one of over 130 nationwide locations, a Cox Store location is a place where Cox can help customers stay connected to friends, family, home, entertainment, and the world. Cox Stores offer equipment, accessories, interactive product demos, and the expertise to answer any communication questions.

Scott Soelter and Jayme Fabe with NAI Horizona represented the seller, HJN Family, LLC of Denver, and Gary Tindle with LRA Real Estate Group represented the buyer in this transaction.

For more information, Tindle can be reached at 480.332.7970 and Soelter and Fabe should be contacted at 520.999.3739.

To learn more, see RED Comp #7745.

MARANA, ARIZONA — STRR Investments, LLC of Houston, Texas purchased a commercial pad at Marana Main Street, located at the southwest corner of Marana Road and I-10 for a Taco Bell Restaurant. The 42,408-square-foot pad sold for $475,000 ($11 PSF).

Taco Bell will join McDonald’s, Bisbee Breakfast Club and Chuy’s at the center.

Marana Main Street is a 28-acre project in the Town of Marana just north of the Marana Town Hall and Municipal Complex. The project is the gateway to Marana and provides a necessary link to Main Street facilities from Interstate 10.

The project includes an attractive combination of retail, dining, office, and lodging facilities with access to and exposure from Interstate 10 and associated exit 236. The 70’ tall monument sign with a 12’x18’ double sided digital display is a beacon to Marana Main Street and the Town of Marana.

Taco Bell and more than 350 franchise organizations operate over 7,000 restaurants that serve more than 40 million customers each week in the U.S. Internationally, the brand is growing with nearly 500 restaurants across almost 30 countries across the globe.

Ben Craney and Scott Soelter with NAI Horizon in Tucson handled the transaction for buyer and the seller / developer, Marana Main Street, LLC of Tucson (Chris Monson, Manager).

For more information, Craney can be reached at 520.603.4013 and Soelter is at 520.204.6969.

Tucson, Arizona  – CBRE announced it has negotiated the $1.8 million ($95 PSF) sale of an 18,957-square-foot office building at 4911 E. Broadway Blvd. in Tucson.

Nancy McClure of CBRE in Tucson represented the buyer, Pyramid Federal Credit Union, in the acquisition. The seller, Santo Thomas Partners, LLP was represented by Rick Kleiner, MBA and Brandon Rodgers, CCIM, SIOR, of Cushman & Wakefield | Picor in Tucson.

Built in 1979, the two-story property sits on 1.13 acres in Tucson’s desirable Broadway corridor. The property features 122 parking spaces, signage along Broadway Blvd. and a plethora of nearby amenities. The buyer plans to renovate the property to serve as its administrative headquarters with some branch activities.

For more information, McClure can be reached at 520.323.5117, Kleiner is at 520.546.2745 and Rodgers should be contacted at 520.546.2714.