TUCSON, ARIZONA – A multitenant industrial flex building at 2030 N Forbes sold for $1.3 million ($108 PSF) to Spokane-based investor, Boron Properties.
The 12,000-square-foot industrial concrete tilt-up building was built in 1978 on a 1-acre lot located in the Bedrock / Broadbent Industrial Park at Grant Road and I-10. It was fully leased at time of sale to five mixed-use long-term tenants and sold above asking price.
Some of the neighboring businesses include: Trane, Goodman, Carclo Plastics, American Refrigeration Supplies and Terminix. With convenient access to Tucson International Airport, University of Arizona, both I-10 and I-19 freeways, the property is within the highly sought-after Northwest submarket for high growth.
Jesse Blum with Cushman & Wakefield | PICOR represented the investor and Max Fisher with BRD Realty represented the seller, a California investment company, MAORI, LLC.
For more information, Fisher can be contacted at 520.465.9989 and Blum can be reached at 520.546.2772.
To learn more, see RED Comp #9592.