Multitenant Office Building Sells for $1.25 Million

TUCSON, ARIZONA – The multitenant office building at 5315 E Broadway Blvd in Tucson sold in an investment sale for $1.25 million ($138.50 PSF), located northwest of Craycroft Road on Broadway Blvd.

The 10,300 square foot two-story building was constructed in 1962 on .45 acres with 9,025 rentable square feet. The building has 19-20 office suites with 1,000 square feet vacant at time of sale.

Tenants include: Locksmith Near Me, LLC; Velvet Vapors; Southwest Kratom; Savvy Computers; Urgent Home Care Tucson; IPC Technical Services; Secret Society Tattoo Shop; and Adobe Car & Van Rental plus more.

Carl Weinstein with CHW Group (Tucson) brokered the deal and was a principal in the selling entity, Jesson Properties.  The buyer M2 Properties, Inc. c/o Joseph Tang of El Segundo, CA was self-represented.

For more information, contact Weinstein at 520.990.5351.

To learn more, see RED Comp #10095.