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

TUCSON, AZ (October 9, 2025) – Advosy Tucson Holdings (Brett Ray, manager) has purchased a 5,100-square-foot industrial building with fenced outdoor storage located at 1638 E. 18th Street in Tucson for $583,000 ($114.51 PSF) to owner-occupy for its home restoration business.

The seller was FAIC LLC (Darryl Dobras, manager), represented by Max Fisher of BRD Realty. The buyer, represented by Steve Beck of COBE Real Estate, plans to owner-occupy the property for a restoration business.

The freestanding office/warehouse is situated on a fully fenced 0.27-acre lot, offering secure yard storage, grade-level loading, and convenient access to South Kino Parkway and Interstate 10. Built in 1974 and recently updated, the facility includes two offices, a break room, restrooms, and warehouse space with a 12-foot clear height.

The sale reflects ongoing demand from small business owners seeking flexible industrial space with secure yard areas in Tucson’s central submarket, where vacancy remains tight for owner-user properties under 10,000 square feet.

For more information, contact Max Fisher at 520.465.9989.

Source: RED Comp #12130

Phoenix, AZ. (October 8, 2025) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $8,100,000 / $126,563 Per Unit / $186.49 Per SF sale of Equinox on 5th Apartments, a 64-unit multifamily apartment community located in Tucson, Arizona. Facilitating the transaction was ABI Multifamily’s Phoenix-based Institutional Arizona Team – Alon Shnitzer, Rue Bax, Eddie Chang, Doug Lazovick, and Tyler Bruggman, in collaboration with ABI Multifamily’s Tucson Apartment Team – Desiree Palmer and Ryan Kippes.

The Buyer and Seller are based in California.

Equinox on 5th Apartments is a 64-unit, multifamily community located in the East Central Tucson submarket of Tucson, AZ. Ideally situated on East 5th Street just west of North Alvernon Way, the property is within one block of Reid Park, less than two miles from the University of Arizona and Park Place Mall, four miles from Downtown Tucson, and eight miles from the Tucson International Airport. A variety of shopping, dining, and entertainment options are available nearby at both the El Con Center Mall and Park Place Mall which includes Dillard’s, Total Wine & More, Sephora, Banana Republic, Old Navy, Yard House, Round1 Bowling & Arcade, and Cinemark Century movie theater.

The Equinox on 5th Apartments features a total of 10 buildings of different vintages (1947, 1959, 1968, and 1986) on four parcels, all of which underwent recent renovations between 2019 and 2020. The property features an overall unit mix consisting of 5 studio units, 34 one-bedroom / one-bathroom units, 20 two-bedroom / one-bathroom units, 2 two-bedroom / two-bathroom units, and 3 three-bedroom / two-bathroom units, with a weighted average of 679 SF. Select units that include a washer and dryer, as well as spacious patios or balconies. All units offer air conditioning/heating, large windows, and fully equipped kitchens, including refrigerators, ovens/stoves, microwaves, dishwashers, and garbage disposals. Upgraded units feature white shaker cabinetry, quartz countertops, wood-style flooring, and ceiling fans. The community amenities include a swimming pool, two on-site laundry facilities, a dog park, a courtyard and ramada, gas barbecue grills with a picnic area, an on-site rental office, and open and covered parking.

Equinox on 5th benefits from close proximity to several of Tucson’s major employers, including Banner University Medical Center, Tucson Medical Center, Texas Instruments, Caterpillar, ADP Tucson, and the University of Arizona.

For more information, ABI can be contacted in Phoenix at 602.714.1400 and in Tucson at 520.265.1993.

Source: RED Comp #12124