TUCSON, ARIZONA (October 18, 2023) — Situated just off the southeast corner of Speedway and Wilmot, a ±7,410-square-foot medical office designed with eight exam rooms and seven offices sold. Its design features two potential reception areas with separate entrances, completed in 2006.

Located at 6422 E Speedway Blvd., the office sold vacant for $1.425 million ($192.31 PSF).

The buyer plans to owner-occupy the space for a Dentistry practice.

Ideal for accommodating multiple practices or seeking rental income with other practices. There are 7 covered parking spaces assigned to the suite, while the rest of the uncovered parking surrounding the building is on a first-come basis.

The overall development and this office were built by Caylor Construction Company, one of Tucson’s premier garden-style office and medical property developers. A few miles from Tucson Medical Center and St. Joesph’s Hospital. Public transportation runs along the heavily traveled Speedway Blvd and Wilmot Road. The property also offers excellent signage opportunities.

The seller, Lavor & Probstfeld Properties, Dr Michael Probstfeld, was represented by Mark Irvin, CCIM, SIOR, and Christopher Irvin with Mark Irvin Commercial Real Estate Services. The buyer was represented by Edward “Buddy’ Kocis with CAMWEST Group in Tucson.

For additional information, the Irvins’ office number is 520.620.1833, and Kocis is at 520.297.2171.

To learn more, see RED Comp #10883.

TUCSON, AZ (October 13, 2023) – A growing technology and cybersecurity company, LeeShanok Network Solutions, is doubling its space and moving to 665 E River Road in Tucson.

The 12,000-square-foot building at 665 E River sold for $184.50 per square foot on September 25, 2023. It was a parcel split of Lot 8 in Foothills Heights or a 39,219 square-foot lot.

LeeShanok Network Solutions is committed to providing Arizona businesses the best Managed IT and Cybersecurity. Professional customer service is the company’s top priority, using innovative network technology to improve communications and optimize business operations. The LeeShanok team takes a preemptive approach to security solutions by monitoring traffic and identifying potential threats before cyberattacks occur. The company believes in using best-in-class technology to deliver “A Higher Level of Information Technology.”

LeeShanok will occupy the first floor of the two-story building or approximately 6,000 square feet at the River Road location and is planning to lease the second floor, also 6,000 square feet, which can be subdivided to spaces of 1,500 square feet

Juan Teran, CCIM, with Realty Executives International, should be contacted regarding the second-floor lease. Teran represented the buyer in the purchase transaction of the building and represented them in the sale or leasing of the 3,105-square-foot building they outgrew at  820 E Fort Lowell in Tucson.

The seller was River People, LLC. Stewart Title handled the escrow, and Bank of the West, now BMO Harris, provided financial assistance. The seller, River People LLC, whom the VOLK Company represented, can be contacted for additional sale or lease information for the remaining buildings. Dave Volk with VOLK Company represented the seller and can be contacted for sale or lease information on the remaining buildings at the northwest corner of River and First Avenue.

For more information, LeeShanok can be reached at 520.888.9122. Juan Teran can be contacted at 520.977.5905.  The Volk Company can be contacted at 520.326.3200.

To learn more, see RED Comp #10919.

TUCSON, AZ (October 12, 2023) The former Dunkin’ Donuts building at the southwest corner of Grant and Swan will soon be converted into the first-ever, dual-concept, Jeremiah’s Italian Ice and Tropical Smoothie cafe. The property sold September 29, 2023 for $1.7 million ($758 PSF).

Tropical Smoothie cafe is approaching 1,300 locations nationwide, with three locations in Tucson and several more on the way. Jeremiah’s Italian Ice already has one location in Cottonwood Plaza at Oracle and Ina, with a second opening soon at Twin Peaks and Silverbell. Its Italian ice is as refreshing as decadent, with flavors spanning from every day to the exquisite and the eccentric. Jeremiah’s Italian Ice has around 400 locations nationwide.

Jeramy Price and Eddy Yunkherr of KJE Steampump will handle the re-development of 4676 E Grant Road. The former Dunkin Donuts is 2,244 square feet on .44 acres, with a drive-thru, completed in 1979 and was later updated. It has been closed since March 2023.

“We are really excitement about this first-ever dual-concept,” said Price.  “Although the idea of dual concepts is not new, it is becoming an increasingly popular way to introduce multiple concepts. Each has decidedly different vibes and complimentary menus. The dual-concept of a Tropical Smoothie café and Jeremiah Italian Ice seem like a perfect fit in this perfect location.”

Rick Borane of VOLK Company handled the transaction for the seller, Ram Holdings, LLC of Tucson, and the buyer, KJE Steampump.

For more information, Borane can be reached at 520.495.2240, and Price should be contacted at 520.441.4771.