Marana, Arizona — Pulte Home Company has closed on 72-acres at Camino De Oeste in two separate transactions. The aggregate purchase price was $3.33 million ($23,094 per lot).  The new community is located between Camino De Oeste and Hartman Lane in Marana, north of Cortaro Farms Road.

Ben Becker and Adam Becker with CBRE in Tucson represented Pulte in both transactions. The deal had been in escrow since October 2015 with Pulte rezoning the property from ‘C’ to R-6 and obtaining preliminary plat approval for 144 SFR lots. Approval of the final plat will now be submitted.

The preliminary plat shows an average lot size of 7,929-square-feet with a mixture of lots from 50′ and 60′ wide x 100′.

Kit Donley of Donley Commercial represented the seller, Redwing Investments, LLC of Tucson (Bud Cardinal, manager) for 19.55-acres of the subdivision assemblage. The second parcel included a 2,025-square-foot SFR. Ben and Adam Becker of CBRE also represented the seller.

For more information, Donley should be reached at 520.907.0955 and the Beckers can be contacted at 520.323.5100.

To learn more, login and see RED Comp #4797 and #4759.

[mepr-show rules=”58038″] Document #2017-1080582 for 19.55 acres sold for $975,500 on a cost per lot basis from Redwing Investments. Lots were distributed as 40 full lots and two partial lots on this parcel. APN: 221-14-009A.

Document #2017-1080572 for 52.18 acres sold for $2,350,000 and included a 2,025 SF SFR. APN: 221-14-011B, 002F and 010.

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Three Land Sales in Northwest and Broadway total over $3.7 Million for the Week

TUCSON, Arizona — Circle K Stores, Inc. has purchased 2.36-acres of raw land at the southeast corner of Ina Road & Silverbell Road in Marana, from Ina & Silverbell 1, LP and Denton Investments (Don Denton, manager) for$1.25 million ($12.16 PSF).

The site will be used for construction of a new 4,500-square-foot Circle K store and fueling station.

Circle K has been a successful convenience store operator for over 50 years. There are more than 3,300 Circle K stores across the USA and over 4,000 international locations. Circle K is mainly located in the Southern, Western, Southwestern, and Midwestern United States. Internationally, Circle K has stores in Mexico, China, Japan, Guam, Vietnam and the United Arab Emirates.

Brian Gast of Velocity Retail Group in Phoenix represented the Buyer and Andrew D. Sternberg was with Oxford Realty Advisors representing the Seller in the transaction and is now with NAI Horizon in Tucson.

For more information, contact Gast at 602.682.8155 and Sternberg at 520.729.1694.

To learn more, see RED Comp #4790.

DAZ9-Ina Overlook, LLC (Michael Sarabia, member) sold 5.95-acres at 7417 N Thornydale Road in Marana to Ocean WH Medical Solutions of Corpus Christi, TX (Willard Hammonds II). The buyer is a developer and plans to construct a 100+ Assisted Living and Memory Care facility. The new building to be built will be approximately 50,000-square-feet with 105-120 beds. Development plans have been submitted with amendments from neighborhood meetings.

The raw land parcel commanded a sale price of $1.25 million ($4.82 PSF).

Michael Sarabia with DSW Commercial Real Estate, formerly the DESCO Group, was self- represented in the transaction. Pat Welchert was with Cushman and Wakefield | Picor at time of sale and is now with Alpha Commercial Real Estate Service

For additional information, Sarabia should be reached at 520.297.8329 and Welchert is at 520.360.9394.

To learn more, see RED Comp #4762.

Shenitzer Properties, LLC (Steve Shenitzer) and BBV Investment LP, LLP (Bill Viner) bought the Tucson Full Gospel Church property at 4741 E Broadway Blvd in Tucson for $1.2 million ($14 PSF) for land value. There were 16,410-square-feet of church buildings on the property that buyer will raze for retail redevelopment.

The 1.97-acre lot is at the northwest corner of Mountain View Avenue and Broadway Blvd, just east of Swan Road. The redevelop project is to include one or possibly two retail users. There has already been an unidentified single user who is considering the full parcel.

James Marian with Chapman Lindsey Commercial Real Estate Services represented the buyer, and Chris Tsighis and Patricia Ho with Coldwell Banker of Tucson represented the seller in the transaction.

For additional information, Marian should be reached at 520.747.4000 ext. #106, Tsighis is at 520.745.4545 and Ho can be contacted at 520.577.7433.

To learn more, see RED Comp #4768.

TUCSON, Arizona — Arizona Small Business Accounting (ASBA) of Tucson (Linda Lipscomb, manager) purchased the office building at 5205 E Pima Street for its second office in Tucson.

The property commanded a sale price of $195,000 ($97 PSF).

Since 1983, Arizona Small Business Accounting has helped individuals and businesses to achieve financial goals, minimize taxes, and realize peace of mind in their business and financial lives. ASBA has accounting professionals providing a full range of accounting services, from business formation to bookkeeping, payroll and tax services.

Jesus Mario Ramirez has purchased a second location for Top Gear Auto Sales.

The former gas station at 1380 West Prince Road in Tucson located at the northeast corner of Prince and Flowing Wells sold for $360,000 for the 15,625-square-foot corner lot with a 1,560-square-foot building.

The buyer will remodel the 1,560 square-foot building and the property will be used as a used car sales lot for Top Gear Auto Sales.  This is the company’s 2nd location in Tucson, the first is located at 846 West Limberlost Road in Tucson.

With years of experience serving the Tucson area, Top Gear Auto Sales is dedicated to offering high-quality, pre-owned vehicles to customers and expect to open the new location on Prince next month.

In each transaction, both the buyer and seller were represented by Gary Lovelace, broker for Spectrum Real Estate Services LLC in Tucson.  Gary was able to provide each client with specialized and focused business development consulting as it related to their respective market place business activities.  Gary has an MBA and specializes in that unique combination of business development/expansion consulting, combined with 38 years of real estate expertise.

For additional information, Lovelace should be contacted at 520.297.3639.

To learn more, see RED Comp #4573 and #4753.