TUCSON, AZ (February 6, 2025) -- Usable Surface Property Investment LLC of Tucson (Cory Hanson, manager) purchased 3820 - 3832 E. 40th Street for $699,152.50 ($92 PSF) in an all-cash transaction.
Built in 1960, the 7,600-square-foot industrial building has two grade-level roll-up doors, four ACs, and two evap: coolers, three-phase power, four restrooms, and a fenced and gated yard.
The buyer plans to occupy half of the building and lease the other half. The transaction closed on January 22, 2025.
David Carroll with Paul Ash Commercial Real Estate represented the buyer, and Ellen Golden with Goldsmith Real Estate represented the seller, CL & LL Properties, Inc. of Tucson.
Carroll can be reached at 520.795.2100, and Golden is at 520.795.2100 for more information on this transaction.
To learn more, subscribers should refer to RED Comp #11726.