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Industrial Property Sells for $1.05 Million to be Owner Occupied

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  • Industrial Property Sells for $1.05 Million to be Owner Occupied
3rd Quarter Sales
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September 21, 2022
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Karen Schutte
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TUCSON, ARIZONA – The industrial building at 600 E 20th Street in Tucson sold to owner users for $1.05 million ($68 PSF),  located southwest of Euclid and 20th Street.

The 15,349 square-foot building on 1.68 acres (built 1938) had been a multitenant property previously with six buildings and heavy industrial power 700 Amps, 3-phase, 208/240 volts.

The buyer, T.L.C. Ronstadt, LLC has two businesses that will occupy the property. One is a countertop manufacturer dba Alternative Counters & Remodeling and the other a landscape architect dba Smith Landscaping & Design.

The asset sold on August 8, 2022.

Tim Healy with CBRE (Tucson) represented the seller, ADMC Properties, LLC and the buyer was self-represented.

For more information, Healy should be reached at 520.323.5119.

To learn more, see RED Comp #10106.

 

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