Oro Valley, Arizona — Debbie Heslop CCIM of VOLK Company represented the seller, Madani, LLC, in the sale of 8035 N Oracle Road in Oro Valley for $725,000 ($241 PSF).

Originally a Circle K store, the seller had renovated the building for a dance studio, dba Music Rhythms Ballroom.

Built in 1971, the 3,005-square-foot building sits on a +/- 23,550-square foot lot located northwest of Oracle and Magee in Oro Valley.

The buyer, Priority Lending, LLC (Curtis Finister, manager) is a Tucson-based mortgage lender that values giving back to the community. Priority Lending promises to provide the lowest mortgage rates available. Additionally, it provides the exact home loan to meet clients’ specific needs. Originating in Tucson, the company has expanded services to the entire state of Arizona, with a special focus in Phoenix. In addition, it has mortgage consultants licensed in the states of Texas and Utah, with more expansion on the horizon!

Heslop should be reached for more information on this transaction at 520.495.2235. For more information on Priority Lending, go to its website: https://www.prioritylendingmortgage.com/

To learn more, see RED COMP #8244.

ORO VALLEY, ARIZ. – VOLK Company agents Rick Borane and Terry Dahlstrom handled the sale of a portion of the Entrada del Oro shopping center at Oracle and Magee  including approximately 14,336 square feet of building improvements located at 7861 and 7871 North Oracle Road, from The Wright-Pantano LLC (Bruce Wright, Manager) to Oracle & Magee LLC, an affiliate of Town West Realty (Toby Horvath, Manager).

The asset sold for $4.2 million ($293 PSF) fully leased and occupied by O’Reilly Auto Parts and a Sleep Solutions Outlet.

Located in affluent Oro Valley, Entrada del Oro is anchored by a Walmart Neighborhood Market at the southwest corner of Magee Rd and Oracle Rd, adjacent to Oracle Crossing Shopping Center anchored by Kohl’s, Sprouts and many other regional and national retailers. The surrounding trade area boasts a high income and well-educated population. The center is strategically positioned to serve these customers.

For more information, Borane should be reached at 520.495.2240 and Dahlstrom can be contacted at 520.495.2241.

To learn more, see RED Comp #8264.

TUCSON, ARIZONA – KB Home Tucson is planning a new subdivision, Vista Del Oro, located northwest of Overton and La Cholla where the home builder has assembled 51 acres of raw land for $5.17 million ($101,372 per acre).

The land is in the county and zoned CR-5.  The property sold as raw land, with a reported tentative plat for 139 lots of 50’and 40’x120′ lot sizes.

The assemblage was handled in three transactions with David Harbour with WD Land in Irvine, California represented the seller, Tortolita Investments, LLC (Linn Harbour, manager) in the sale of 22.2 acres.

Northwest Bible Church (Brian Fuchrer, Director) and Quest Land Group (David Pooley, manager)  were the seller of the additional land and were self-represented in their respective transactions.

KB Home is an established home builder in the area, offering ENERGY STAR® certified new construction homes in metro Tucson. It offers a selection of open concept floor plans, with energy-efficient options available. The Vista Del Oro community is located near the majestic Catalina Mountain range, and near shared amenities including walking trails, parks and sports fields as well as convenient to schools, shopping, dining, recreation, regional trails, major employers, and downtown Tucson.

To find additional information on Vista Del Oro go here.

To learn more, refer to RED Comps #8229, 8230, and #8231.