Vidin Metelov, a private investor from Tucson purchased Oracle Village Plaza at 6251-6264 North Oracle Road in Tucson for[mepr-show rules="58038"]$2.5 million ($207 PSF) from The Horvath Family Limited Partnership III, LLP and ABT, Inc. of Tucson (James G. Horvath, principal).
The 12,100 sq. ft. building is on a 75,829 sq. ft lot south of Orange Grove on Oracle Road, the center was 100% leased with four tenants when it sold: Sticky's Smoke Shop, 7e Fit Spa, Joy Asian Market and Bikram's Yoga Studio.
The purchase price included the transfer of OracleVillagePlaza, LLC to the new owner and Bank of the West in Tucson was the lender.
Rick Borane of the Volk Company in Tucson represented the buyer. Horvath, also a broker with Town West Realty was self-represented.
Horvath can be reached at (520) 615-7707. Borane should be contacted at (520) 326-3200.[/mepr-show]