TUCSON, ARIZONA -- ONETEN REI MAIN, LLC & SIM1 CF, LLC purchased 1.29 acres of land at 405 W. Speedway, from IronTex Developers, LLC, and Main & Speedway, LLC for $1,325,000 ($23.50 PSF). The transaction closed on July 7, 2022.
The vacant lot is located at the southwest corner of Speedway and Main, a principal corridor leading to Downtown Tucson. The 1.29 acres is planned to be split for Tropical Smoothie and leave the hard corner for another tenant.
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Rob Tomlinson, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller, an investment group from Pennsylvania in the transaction. Jeramy Price with Volk Company, represented the Scottsdale developer.
For more information, Tomlinson can be reached at 520.748.7100 and Price can be contacted at 520.441.4771.
To learn more, see RED Comp #10,014.