New Developments & Retrofits Around Tucson

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90 W River Rd, Tucson
90 W River Rd, Tucson

Brenna Lacey of Volk Company represented the seller, Walgreen Arizona Drug Co., in its sale of 70,481-square-feet of land to Fry’s Food & Drug Stores at the southwest corner of Rita Road and Houghton Road in Tucson. The sales price was $930,000 ($13.20 PSF). The land was purchased for a planned Fry’s Fuel Center. To learn more see RED Comp #3622.

Debbie Heslop, CCIM, and Dave Hammack of Volk Company represented the seller, D.D. Dunlap Companies, Inc., in its sale of 90 West River Road, Tucson The property, which consists of an approximately 5,081-square- foot building on approximately 20,204-square-feet of land, sold for $950,390 ($187 PSF). The purchaser was Skinner Capital Investments, LLC, who plans retrofit the premises for a Southern Arizona Urgent Care Plus facility scheduled to open in April. Buyer had obtained permits prior to closing. Aaron LaPrise of Cushman & Wakefield PICOR Commercial Real Estate represented the purchaser. To learn more see RED Comp #3590.

100-104 E Ajo Way, Tucson
100-104 E Ajo Way, Tucson

Alfred Padilla, Jr. purchased a former medical building at 100-104 E Ajo Way in Tucson to retrofit the premises for a real estate office. The 2,100-square-foot building on .26 acre is a former medical office that had been vacant for several years when it sold for $100,000 ($48 PSF). The building includes a 400-square-foot storage room that the buyer says will be converted in to a lounge area for Al Padilla Realty, expected to be open for business May 1st. To learn more see RED Comp #3636.

1701 & 1709 E Miles St, Tucson
1701 & 1709 E Miles St, Tucson

Aaron LaPrise of Cushman & Wakefield | Picor represented the seller Tara Mahayana Buddhist Center in the sale of 1701 E Miles Street in Tucson for $205,000 ($66.32 PSF). Pinnacle Realty Investments (Jarrett Reidhead) purchased the vacant building, a former Buddhist meditation center, to renovate for student housing. The buyer was represented by Rick Bailey of Tucson Integrity Realty. To learn more see RED Comp #3619.

For additional information, Brenna Lacey and Debbie Heslop at Volk Company can be reached at 520.326.3200. Aaron LaPrise at Cushman & Wakefield Picor should be contacted at 520.546.2770. Rick Bailey at Tucson Integrity is at 520.331.8050 and Al Padilla Jr. currently with Tierra Antigua Realty is at 520.370.6363.