TUCSON, AZ (October 24, 2025) — The Golden Corral Restaurant located at 4380 E. 22nd Street in Tucson’s East submarket has sold for $2,000,000 ($175 PSF) in an investment transaction recorded on September 30, 2025.

The buyer, Tucson GC LLC, an Arizona entity affiliated with Vasquez Hospitality, acquired the 11,428-square-foot restaurant property from Golden Southwest Financial Group for investment purposes. Following the closing, records show the property was subsequently transferred in a non-arm’s-length transaction to an affiliate company, Vytech, Inc.

Built in 1995, the free-standing restaurant sits on 2.36 acres and remains an operational Golden Corral at the time of sale.

The seller, Dale P. Schaufel, President and CEO of Golden Southwest Financial Group, was self-represented, as was Reymundo Vasquez, Member of Tucson GC LLC.

The transaction underscores continuing investor appetite for stabilized restaurant assets in high-traffic Tucson corridors, especially those backed by national franchise tenants and strong operational performance.

Source: RED Comp #12128

 4651 N First Avenue, Tucson

TUCSON, AZ (October  23, 2025) — Jeramy Price and Dave Volk of VOLK Company have completed the sales of two office buildings located at 4641 and 4651 North First Avenue in Tucson, representing the seller, North First Partners LLC.

The 4,177-square-foot building on a 23,592-square-foot parcel at 4641 North First Avenue sold for $492,515 to 4641 North First, LLC, which will continue to occupy the property as the Allegro School of Music. The buyer was represented by Natalie Furrier and Greg Furrier of Cushman & Wakefield | PICOR.

The adjacent property at 4651 North First Avenue, which totals 6,553 square feet on a 10,675-square-foot lot, was sold in July 2025 for $688,000 to Hope Gateway Residence LLC.

North First Partners LLC originally acquired multiple buildings between 4615–4651 North First Avenue in November 2024 as part of a small office investment portfolio. The recent transactions mark the completion of the portfolio’s disposition, reflecting continued investor activity along the North First Avenue corridor, where older professional and medical office buildings have drawn renewed interest from both owner-users and adaptive-reuse buyers.

Located just north of Prince Road, the corridor offers convenient access to the University of Arizona, Banner Medical campus, and major midtown employers. Recent trades in the area underscore the strength of Tucson’s small office owner-occupant market, as buyers continue to seek affordable, centrally located space amid limited new construction and rising lease rates.

Source: RED Comps #11983 and #12131.