TUCSON, AZ (October 14, 2025) — Rick and Kevin Volk, principals of VOLK Company, through an affiliate entity, Poets Hard Corner LLC, have acquired the former Circle K property at 3700 W. Orange Grove Road in Northwest Tucson for $595,000 ($217 PSF). The 2,740-square-foot building sits on a 15,000-square-foot parcel and was purchased from the Gregory and Mary Pantages Revocable Trust.

The site, located at the high-traffic intersection of Orange Grove and Thornydale Roads, offers exceptional visibility and accessibility to one of Tucson’s most active retail corridors. Formerly occupied by Circle K and built in 1982, the freestanding building and corner parcel offer redevelopment potential for a new retail or service use, with flexibility for drive-thru or multi-tenant configurations.

According to VOLK Company, the property will be redeveloped and subsequently leased or sold upon completion.

For more information, contact Jeramy Price, Joey Castillo, or Andreas Castillo with VOLK Company at (520) 326-3200 or visit www.volkco.com

Source: RED Comp #12116

TUCSON, Arizona (October 10, 2025) — Two Tucson manufactured housing communities have changed hands in separate transactions totaling $9.4 million, with affiliates of Comfort Communities selling both properties to affiliates of Invesco Real Estate. Though the deals involved similar parties and closed on the same date, the two communities traded at notably different price-per-unit levels.

On September 23, 2025, Catalina Vista Mobile Home Park, an 82-space community at 3344 East Kleindale Road in central Tucson, sold for $6,500,000 ($79,268 per space). The seller was Catalina Vista MHC LLC of El Cajon, California, affiliated with Comfort Communities, and the buyer was Catalina Vista MH Owner LLC, an affiliate of Invesco Real Estate based in Dallas, Texas. Built in 1961, the 6.34-acre community offers a clubhouse, pool, and laundry facilities.

That same day, Five Star Mobile Home Park, a 43-space community at 1305–1311 West Prince Road in Tucson, sold for $2,900,000 ($67,441 per space). The seller was Five Star MHC LLC, also based in El Cajon and affiliated with Comfort Communities, while the buyer was Five Star MH Owner LLC, another Invesco affiliate. The 4.04-acre property was initially developed in 1952 and includes a clubhouse, pool, and laundry facilities.

While both sales occurred on the same day, the price-per-unit varied significantly: Catalina Vista commanded nearly $79,300 per space, while Five Star traded at roughly $67,400 per space. The two communities traded at different price points, likely due to variations in age, location, and financial performance.

The acquisitions underscore the continued appetite of institutional investors such as Invesco Real Estate for Tucson’s manufactured housing assets, while Comfort Communities continues to reposition its portfolio through selective dispositions. Manufactured housing communities remain an attractive investment class, offering stable income streams and an essential supply of affordable housing in the Tucson market.

Source: RED Comp #12110 and #12112

TUCSON, AZ (October 9, 2025) — A vacant former Walgreens building at 9495 E. Speedway Blvd. has been acquired by Ace Hardware Stores, Inc. for $2,700,000 ($174.85 PSF), paving the way for a new Ace Hardware location in Tucson’s East submarket.

The seller was Speedway Crossing LLC, a California-based entity located in West Hollywood. The buyer, Ace Hardware Stores, Inc., lists its Tucson address at 7056 E. 21st Street. The transaction closed on September 23, 2025.

Built in 1995, the 15,442-square-foot freestanding retail building sits on 2.07 acres at the corner of East Speedway Boulevard and Harrison Road. The property was formerly operating as a Walgreens with a drive-thru.

The site, zoned C-1 Local Commercial, will be repurposed for Ace Hardware’s local retail expansion within the next few weeks.  The sale underscores the continued trend of national hardware and home improvement retailers backfilling former pharmacy and big-box sites in established neighborhood centers across Tucson.

Source: RED Comp #12107