TUCSON, ARIZONA, April 13, 2023 – Oxford Realty Advisors closed on two transactions recently valued at $1.6 Million.
Maqsood & Tayyeb Ahmad purchased a 7,722 square-foot retail building at 4037 N. Oracle Road from Poz Ben Bon Investment Corp. A former strip center, the property was fully leased to Indian Motorcycles and sold for $1 million ($130 PSF) as an investment.
The transaction closed on March 31, 2023.
Robert Nolan of Oxford Realty Advisors represented the buyer, and Ian Stuart & Bruce Suppes of CBRE represented the seller in this transaction.
Dr. Sarah Kym, DDS, purchased a 3,319-square-foot former dental office at 4850 E. Broadway Blvd. from Gold Properties, LLC.
The seller was an owner occupant, and the buyer will be the same using property as a dental office.
The asset closed on March 28, 2023, for $591,763 ($237 PSF).
Karl Frye of Frye Practice Sales of Scottsdale represented the buyer, and Lori Casey, Cameron Casey, and Nancy Gansline of Oxford Realty Advisors represented the seller in this transaction.
For additional information, contact Nolan, the Caseys, and Gansline at 520.232.0200. Stuart can be reached at 520.323.5180, and Suppes is at 520.323.5155.
To learn more, see RED Comps #10565 and #10575.