Investment Sale of Pad at Target Center Tucson Sells for $3.9 Million

TUCSON, Arizona – An affiliate of Bourn Companies (Don Bourn) of Tucson, BP Grant Pad Investors, sold the retail shops at 6572 E Grant Road in Tucson sold in as an investment asset for $3,894,400 ($518 PSF). Located at the Target Shopping center at Grant and Tanque Verde, the 7,525-square-foot building, built in 2017, sits on a 31,748-square-foot pad.

The property was fully occupied when it sold with three tenants: Southern Arizona Urgent Care, Sprint and Nationwide Vision.

The buyer was a private investor from San Diego, Calif. that was represented by Pamela Scott with GPS of Santa Barbara, CA.

Jamie Medress with Marcus & Millichap represented the seller.

For more information, Medress should be reached at 602.687.6778.

To learn more, see RED Comp #5475.