TUCSON, ARIZONA -- Cole Valley Partners, LLC purchased 1.14 acre at the NEC 22nd Street and Alvernon Way from Kettenbach, LLC (Michael Kettenbach, manager) for $925,000 ($18.57 PSF).
The property was a former Shell Station and sold with 2,145-square-feet of improvements. The buyer intends to raze the existing improvements and redevelop the site with a Dutch Bros coffee shop.
This will be the sixth location for expansion-minded Dutch Bros in metro Tucson. Dutch Bros management announced at the start of 2019 it wants to grow to 800 shops in five years from around 300 stores now.
Scott Soelter and Ben Craney with NAI Horizon of Tucson represented the seller and Marty Olejarczyk (Marty O) and Jesse Rozio with GPS Retail Advisors of Phoenix represented the buyer in the transaction.
For more information, Soelter can be reached at 520.204.6969, and Craney is at 520.326.4500. Marty O is reachable at 602.762.0754 and Rozio is at 480.566.8640.
To learn more, see RED Comp #6898.