Tucson Industrial Building Sells for $2.79 Million

Industrial
451 N. Bonita Ave., Tucson

TUCSON, ARIZONA  (June 17, 2026) — EAW-451, LLC purchased a 19,464-square-foot industrial building at 451 N. Bonita Ave. in Tucson from Brickyard Investments Limited Partnership, LLLP for $2,790,000.

The property, formerly occupied by Treasure Chest Books, is located west of Interstate 10 near downtown Tucson in the Rio Nuevo North area. The masonry industrial building was constructed in 1999 on approximately 2.93 acres and sold for approximately $143.34 per square foot.

Property features include average building condition, three grade-level roll-up doors, and 1,200-amp, three-phase power. The sale closed on May 6, 2026.

Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the seller. Pat Welchert with Alpha Commercial Real Estate Services represented the buyer.

The buyer is a Tucson-based private real estate investment and holding company affiliated with Jason Douglas, president and owner of Latitude Engineering, LLC.

Natalie Furrier can be reached at 520.748.7100, Greg Furrier at 520.546.2735, and Pat Welchert at 520.360.9394.

Source: RED Comp #12533




Two-Tenant, NNN-Leased Retail Property Sells for $6.4 Million in Tucson

retail property
Cost Plus World Market and D-BATs, at 5975 East Broadway Blvd, Tucson, AZ

Tucson, AZ (June 12, 2026) – ORION Investment Real Estate announced the successful sale of a two-tenant, triple-net-leased retail property anchored by Cost Plus World Market and D-BATs, located at 5975 East Broadway Boulevard, Tucson, Arizona 85711. The ±36,800-square-foot freestanding building, situated on approximately 4.25 acres, sold for $6,400,000, or approximately $174 per square foot.

Cost Plus World Market has occupied the center for more than two decades under a corporately guaranteed lease, while D-BATs, one of the nation’s fastest-growing baseball and softball training franchises, recently opened following a mid-September 2025 grand opening. The long-term, staggered lease commitments from both tenants provide stable cash flow and position the asset as a durable, income-producing investment.

“This transaction highlights continued investor demand for well-located, necessity-based and experiential retail in core trade areas,” said Nick Miner, CCIM, Senior Vice President at ORION Investment Real Estate. “With a nationally recognized specialty retailer and a rapidly expanding training concept under long-term NNN leases, this property offered the buyer both current income and long-term upside in one of Tucson’s top retail corridors.”

For more information about this sale or to inquire about other opportunities, please contact Nick Miner, CCIM, at ORION Investment Real Estate.

Nick Miner, CCIM, with Orion Real Estate, exclusively represented the seller, AC Tucson Retail, LLC.

The buyer was Pardi Properties Broadway Boulevard, LLC, and represented by Rich Butler with Marcus & Millichap.




Larsen Baker Sells 50% Interest in ArchWell Building at Broadway and Rosemont

Archwell Building
ArchWell Building

TUCSON, ARIZONA (June 12, 2026) — Larsen Baker has completed the sale of its 50% interest in the freestanding ArchWell-occupied building at 5100 E. Broadway Blvd., located at the southeast corner of Broadway and Rosemont in Tucson.

The seller, BRO Developer, LLC, an affiliate of Larsen Baker, sold its 50% interest in the property to Mavin Capital, LLC for $1.7 million.

The building is occupied by ArchWell, a healthcare provider focused on primary care services for seniors. The Broadway and Rosemont location places the property along one of Tucson’s most active commercial corridors, with strong visibility and access in the central Tucson market.

Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the seller and handled the transaction.

For more information, Figueroa can be reached at 520-296-0200 ext. 218.