South Tucson’s Valencia Mercado Sells for $10.8 Million

Valencia Mercado

TUCSON, ARIZONA (August 18, 2026) — Valencia Mercado, a neighborhood shopping center at the northwest corner of South 12th Avenue and West Valencia Road, sold for $10.8 million in a transaction that closed July 30.

Fiesta Plaza AZ Owner LP acquired the 57,062-square-foot retail property from Southside Plaza LLC and Dahlstrom Valencia Mercado LLC. The sale equates to approximately $189.27 per square foot.

The property encompasses approximately 4.61 acres and includes five buildings at 418-454 W. Valencia Road and 6445 S. 12th Avenue. Built in 1980, the center is located in Tucson’s southside retail corridor.

Terry Dahlstrom, a principal, and Andreas Castillo of VOLK Company represented the seller in the transaction.

For more information, VOLK Company can be reached at 520.326.3200, while Castillo’s direct number is 520.495.3220.

The buyer is associated with MPB Realty Services Inc. of Phoenix.

Valencia Mercado has been an active neighborhood retail center serving the surrounding residential areas along Valencia Road and South 12th Avenue.

Source: RED Comp #12641

 




Brown/Worden Properties Completes Two Separate Land Sales in Tucson for $5.8M

Land Sales

TUCSON, ARIZONA (August 14, 2026) — Brown/Worden Properties (April Worden, CEO) sold two separate Commercial/Industrial land transactions. Brown/Worden is the largest family-owned, woman-led owner of self-storage in the Tucson metro market, operating under the A Family Storage brand. The company is also very active in mixed-use commercial, industrial, and multi-family development across multiple markets. They continue to be one of the more active investors across the Tucson market in several asset classes.

Circle K Site — La Estancia-SWC of Kolb Road and Camino Boleadoras

Ruby Holdings, LLC (April Worden, Manager) sold a +/-69,500 SF commercial parcel located at the southwest corner of Camino Boleadoras and Kolb Road to Circle K for $1,500,209. The site sits at the entrance to the La Estancia MPC, along the heavily trafficked Kolb Road corridor near I-10, southeast of Tucson.

Worden originally acquired the larger +/-50-acre assemblage at this intersection in October 2022 through WAA Investment Holdings, LLC. The original plan was to hold the property for development. The Circle K sale represents a continued build-out of that original acquisition. The property is zoned favorably for commercial and high-density residential uses.

66 Acres Sold at Rita Ranch — NWC of Rita Road and Old Vail Road

In a separate transaction, Ruby Holdings LLC (April Worden, Manager) sold a key corner parcel along the sought-after Rita Ranch industrial corridor. The +/-66 acre site is located at the northwest corner of Rita Road and Old Vail Road and sold to VAZ Rita Ranch 66, LLC for $4,337,647. The buyer is a subsidiary of Scottsdale-based Vaulter Real Estate Investments of Scottsdale (Auggie Gomez, Principal Partner and CEO). Vaulter has been active and strategic with their land investments in the Tucson area over the past decades.

Will White and John Carroll of Land Advisors Organization in Tucson represented Brown/Worden in both transactions and have the marketing assignment for the balance of the Kolb Road property at La Estancia.

“April is one of the best in town at sourcing land early in the cycles and holding these investments,” White commented.  “She buys well-located parcels with solid zoning and all of the infrastructure to the site. As it gets more difficult to locate these ready sites, they become streamlined opportunities for the new buyer to take them to the next level. These are both great locations.”

Source: RED Comp #12632 and #12649




Vacant Eastside Office Building Sells to Owner User for $965,000

Eastside Office

TUCSON, AZ (Aug. 13, 2026) — 8257 E Broadway LLC purchased a 7,414-square-foot office building at 8257 E. Broadway Blvd. in Tucson for $965,000 ($130 PSF).

The seller was Sahuaro Blossom Properties LLC. Thomas J. Nieman, Principal, Office Specialist, and Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller. Jason Shaltiel with CBRE, Tucson, represented the buyer.

The vacant office building was acquired by Gitty Endzweig, CEO of Applied ABC, for a new Applied ABC practice at the property.

Built in 1988, the single-story office building sits on approximately 1.5 acres in Centennial Park on Tucson’s east side. The property includes approximately 40 parking spaces and is zoned O 3 for professional office use.

The acquisition adds to continued owner-user activity in Tucson’s office market, where vacant freestanding buildings can offer businesses an alternative to leasing while providing long-term control of their occupancy costs.

Source: RED Comp #12655