TUCSON, AZ (March 4, 2025) -- Rick Borane of VOLK Company represented the buyer on a freestanding retail/warehouse building at 5335 E 29th Street in Tucson. The office, showroom, and mezzanine building, which has 3 grade-level roll-up doors, was built in 1994. It is 12,611 square feet and has 25 parking spaces on a 40,000-square-foot lot west of Craycroft Road.
The asset sold for $1,150,000 ($91 PSF).
The seller, Parker Enterprises, Ltd. of Frisco, TX, was represented by Michael Cortez of Commercial Real Estate Group of Tucson.
The buyer, HDB Properties, plans to use a portion of the property for personal storage and lease the remainder of the building.
For more information on this sale, Cortez can be reached at 520.299.3400, and Borane is at 520.326.3200.
To learn more, subscribers can refer to RED Comp #11747.