TUCSON, AZ (February 4, 2025) -- An industrial property located at 4203 E Tennessee Street in Tucson sold for $750,000 ($197 PSF) to 4203 Holdings, LLC of Phoenix (Brian Payne, member). Built in 1982, the property features a 3,800-square-foot building on 2.63 acres; the building is occupied by a single tenant, with two additional tenants leasing yard space at the rear of the property.
The sale occurred on January 8, 2025.
Chapman Management Group will manage the property for the new owners.
Erik Chapman, CCIM, CPM, and Nick Travassos, MRED of Chapman Management Group, LLC, represented the seller, Gallaher Grit Limited Partnership of Tucson.
Matt Hagan and Brian Payne of Lee & Associates Arizona represented the buyer.
For more information, Erik Chapman can be reached at (520) 867-8899, and Nick Travassos can be reached at (520) 867-8438.