3rd Quarter Sales

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Steam Pump Freddy’s Sells in Net Lease Sale for $2.46 Million

Oro Valley, Arizona — Freddy’s Frozen Custard and Steakburgers at 11143 N Oracle Road at Steam Pump Village in Oro Valley sold in a net lease sale for $2.46 million ($673 PSF) to a California Investor, The Marsha A. Covert Trust. The 3,654 square-foot location seats 100 guests and has additional seating on the patio.

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Delectables Transitions into Catering-Only Sells Downtown 4th Avenue Building for $1.48 Million

TUCSON, Arizona — Delectables Restaurant & Catering (Donna DiFiore, owner) sold 533 N. Fourth Ave. in downtown Tucson recently for $1.48 million ($310 PSF) ending a 44-year run downtown. Difiore is transitioning the business into a catering-only business and paid $342,000 ($127 PSF) for the building at 427 E Limberlost Dr. for this purpose. The

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Marcus & Millichap Negotiates Westwood Apartments Sale in Tucson for $1.32M

TUCSON, Arizona – Westwood Apartments at 714 East 10th Street in Tucson sold for $1.32 million ($69,474 per unit) in a value-add transaction. The 19-units in 15,668-square-feet on .42 acres were built in 1969 with a unit mix of two 1-bedroom, (16) 2-bedroom and (1) 3-bedroom units. The buyer, Vishal Patel of Tucson, bought the

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