1570 E Tucson Marketplace Boulevard, Tucson, AZ
TUCSON, ARIZONA (April 23, 2025) – Tempe-based, R&P Properties, LLC has completed the sale of a fully leased, multi-tenant retail center located at 1570 E Tucson Marketplace Boulevard for $4,228,817.80 ($461. PSF). The 9,175-square-foot strip center sits on a 64,076-square-foot parcel (1.47 acres) with five tenants. The property is part of the Bridges Master Plan, one of Tucson’s premier mixed-use developments.
Tenants include: NextCare Urgent Care: A walk-in medical clinic providing injury treatment, physicals, pediatrics, X-rays, lab services, STD testing, immunizations, and occupational health services. AT&T Authorized Retailer: A store offering wireless plans, the latest smartphones, accessories, and other telecommunications services; and Kahu Hawaiian BBQ: A restaurant bringing Hawaiian BBQ cuisine from Phoenix to Tucson, marking their second location.
The buyers, Conteslin LLC and Shops H LLC of Bellingham, WA, acquired the asset in a strategic investment move that positions them to benefit from ongoing growth in the area — including the highly anticipated 100,000-square-foot Bass Pro Shops Mega Store, currently under construction across the property.
The transaction was brokered by Jeramy Price, Joey Castillo, and Andreas Castillo of VOLK Company, who represented the seller. Joey Castillo also represented R&P in its 2021 property acquisition and has been its leasing agent since then. His team will continue leasing efforts under the new ownership.
The property was 100% leased at the time of sale, offering the buyers immediate, stabilized cash flow and long-term upside potential. Its high-traffic location near Costco, Walmart, Planet Fitness, and the University of Arizona Tech Park enhances its desirability for retailers and investors.
This sale underscores ongoing investor interest in quality retail assets within well-located, growth-oriented Tucson submarkets.
For more information, Price can be reached at 520.441.4721, Joey Castillo at 520.495.2234, and Andreas Castillo at 520.495.3220.
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