2nd Quarter Sales

TUCSON, ARIZONA, April 12, 2023 — After 20 years at the downtown block of 29 thru 58 West Congress Street, Buck Baccus and Swain Chapman sold the property to Hazen Enterprises on April 7, 2023. Brandt Hazen purchased the 17,179-square-foot retail and office space for $4,500,000 ($262.00 PSF). Baccus and Chapman have owned the property […]

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