TUCSON, Arizona (Oct. 15, 2026) — Two dental office properties on Oracle and Wilmot roads sold for a combined $3,456,666 in a portfolio transaction involving a Mississippi seller and two Louisville, Kentucky buyer entities.

Hildenbrand Downtown Properties LLC of Tupelo, Mississippi, sold both properties on September 10, 2026. Tucson Oracle LLC purchased the property at 5577 N. Oracle Road for $1.39 million, while Tucson Wilmot LLC acquired the property at 801 N. Wilmot Road, Building D, for $2,066,666. Both buyer entities identify BFC Management LLC and manager Jason Hahn.

The Oracle Road property houses Stratman Family Dentistry and contains 4,468 square feet on approximately 0.41 acres. Built in 1987, the building sold for approximately $311 per square foot. The property includes 18 parking spaces and monument signage.

The Wilmot Road property, identified in the sales record as Hiremath Family Dentistry, contains 4,827 square feet and was built in 1975. Based on the recorded building area, its purchase price equates to approximately $428 per square foot.

Scott Reid of ParaSell was the listing contact and represented both properties that were advertised as 15-year absolute net investment sales.

The Wilmot listing reports 6,663 square feet, exceeding the 4,827 square feet shown in the sales record. That discrepancy requires clarification before applying the listing’s income and lease information to the recorded acquisition.

Together, the purchases represent an investment in two established dental office locations serving Tucson’s northwest and eastside markets.

For additional information, contact Scott Reid of ParaSell at (949) 942-6585.

Source: RED Comp #12717 and #12718.

TUCSON, AZ (Oct. 14, 2026) — Two Tucson apartments totaling 55 units sold for a combined $2.56 million in related transactions that closed September 30, 2026. The portfolio included Delano and Balboa Apartments and Flower and Columbus Apartments, with an overall purchase price of approximately $46,545 per unit.

Allan Mendelsberg and Joey Martinez, principals and multifamily specialists with Cushman & Wakefield | PICOR, represented both buyers and sellers in the transactions.

Grace Development & Investments LLC purchased the 26-unit Flower and Columbus Apartments at 2647–2651 N. Columbus Boulevard and 4253 E. Flower Street for $1.5 million, or approximately $57,692 per unit. The seller was Equilibrium Flower Columbus OZ LLC.

The property occupies approximately 2.53 acres, with seven buildings and a unit mix of studio, one-bedroom and two-bedroom apartments.

In the companion transaction, Delano & Balboa Apartments LLC acquired the 29-unit Delano and Balboa Apartments at 219 E. Delano Street and 2432 N. Balboa Avenue for $1.06 million, or approximately $36,552 per unit. Equilibrium Villas LLC, associated with Equilibrium Real Estate Investments, was the seller.

The Delano property contains 14 apartments, while Balboa contains 15. The communities date to 1947 and 1948, respectively.

Earlier marketing positioned Delano and Balboa as a substantial renovation opportunity, describing both properties as vacant and estimating renovation costs of $15,000 to $30,000 per unit. Across the 29 apartments, that would represent approximately $435,000 to $870,000 in renovation work, based on the marketing estimates. Occupancy and the buyers’ improvement plans at closing were not disclosed.

The acquisitions bring two groups of older Tucson apartments under new ownership, including properties previously marketed for renovation and renewed leasing. Current operating income, expenses and capitalization rates were not disclosed in the sale information.

For more information, contact Mendelsberg at (520) 546-2721 or Martinez at (520) 546-2730.

Source: RED Comp #12743 and #12744.

TUCSON, Arizona (Oct. 9, 2026)  — Three Tucson gas station and convenience store properties sold for a combined $10.35 million in September, with two Chevron locations and a Circle K property changing hands in separate transactions. The sales involved different sellers and buyers, encompassing an owner-user purchase and investment acquisitions.

The largest transaction was the $5.16 million purchase of the Chevron gas station and convenience store at 6261 E. Benson Highway. HRV Tucson Investment LLC, care of Haron Properties and represented by Sergio Haron of Scottsdale, acquired the property from Hattar Investments Inc., represented by director Adeeb Hattar. The sale closed September 30.

The Benson Highway property contains approximately 5,024 square feet of improvements built in 1999 and 2000. It includes a Food Mart convenience store, a leased A&W restaurant, 12 fueling positions serving gasoline and diesel customers, and a CNG unit. The approximately 3.21-acre site is zoned C-2 and has visibility from Interstate 10. Excess land is included, although its acreage has not been confirmed. The purchase price equates to approximately $1,027 per square foot for improvements, a calculation that also reflects the excess land included in the transaction.

Earlier in the month, Tucson Petroleum LLC, c/o Junaib Rizvi, member, purchased the Chevron service station at 4701 E. 29th Street for $1.6 million. R & D Union Inc., c/o Darshan Agarwal as director, was the seller. The transaction closed September 4, and the buyer purchased the property for its own use.

Built in 1988, the 29th Street property includes a 1,296-square-foot convenience store on approximately 0.66-acre zoned C-2. The station has four fueling islands and eight fueling positions. The sale price equates to approximately $1,235 per square foot of building area.

The third transaction involved the Circle K convenience store and gas station at 655 W. 22nd Street, adjacent to Interstate 10. Mark J. Dessy, Trustee, of Rancho Palos Verdes of California, sold the property to 655 W 22nd LLC of San Diego for $3,586,125 on September 25. Lee Csenar of Hanley Investment Group in California handled the transaction.

The Circle K property contains a 2,904-square-foot building constructed in 2000 on approximately 0.85 acre zoned I-1. It has eight fuel pumps serving 16 fueling positions. The property was marketed as an absolute triple-net investment leased to Circle K through March 18, 2031, with renewal options. Reported annual net operating income of $198,759 translates to a capitalization rate of approximately 5.54% at the purchase price.

The three closings demonstrate activity across different parts of the fuel and convenience retail property market. The 29th Street acquisition provides a location for an owner-user, while the Circle K transaction transfers ownership of real estate with an existing lease. The Benson Highway purchase includes a larger site, restaurant income and excess land. Those differences limit direct comparisons based solely on building price per square foot.

National industry conditions provide context for the activity, although the sellers’ individual motivations have not been disclosed. The National Association of Convenience Stores reported that direct store operating expenses rose 4.2% in 2025, while credit and debit card fees reached a record $21.3 billion. At the same time, in-store sales increased 1.7% to $341.2 billion, and fuel gallons sold increased 0.5%. The figures show a sector with continuing customer demand alongside pressure on operating costs.

Sources: RED Comp #12707, #12734, and #12742