Golf Links & Kolb Shadow Anchor Space Sells for $4.4 Million

CREW Tucson President Debbie Heslop, CCIM, of Volk Company in Tucson represented the seller, Central One, Inc., in its sale of the Golf Links & Kolb Shopping Center at 2530-2580 South Kolb Road. The property, which consists of approximately 26,367 square feet of improvements and approximately 117,657 square feet of land, sold for $4.4 million ($167 PSF).

Shadow anchor space to Walmart Neighborhood Market, the property consists of three buildings. Major tenants in the center include O’Reilly Auto Parts and Discount Tire. The investor was Gaslamp Investments LLC of San Diego (Larry N. Murnane, member).

At the northwest corner of Golf Links and Kolb, the property rests in the heart of the southeast Tucson trade area, with high traffic counts of 92,000 vehicles per day. Surrounded by densely populated, established neighborhoods, the property is approximately one-mile from Davis Monthan Air Force Base.

Jared English of Congress Realty, Inc. in Paradise Valley represented the investor.

The CREW Network is an international organization dedicated to the advance of women in the commercial real estate industry.  CREW’s membership is approaching 10,000 in 72 chapters.  CREW members represent all sectors of the commercial real estate field and totals 43% of the overall workforce in the industry.

For more information, Heslop can be reached at 520.326.3200 and English should be contacted at 800.657.6579.

To learn more, see RED Comp #3889.