Circle K Stores of Tempe, AZ purchased a 57,935-square-foot retail pad at La Jolla Verde Commercial Center in Sahuarita for $1 million ($17.30 PSF). This will be the first pad construction at this new retail center located southeast of I-19 on Old Nogales Hwy near the full diamond interchange.

This core retail intersection for Sahuarita with a Super Walmart-anchored center directly across from it. This Walmart center also has Ross Dress for Less, Big Lots, Wells Fargo, Walgreens, Bank of America, 99 Cent Only, and other national retailers.

Brenna Lacey with the Volk Company in Tucson represented the seller, La Jolla Verde Land Holdings, LLC of Los Gatos, CA.

Kurt Maes with Scarbrough & Associates in Phoenix represented Circle K in the acquisition.

To learn more Lacey should be reached at 520.326.3200 and Maes can be contacted at 602.774.4243,

*     *     *      *      *

In a second unrelated transaction, a 42,047-square-foot retail pad (lot 3 block 45) in Rancho Sahuarita, Sahuarita, AZ sold to Gen2Properties, LLC dba Taco Bell for $895,000 ($21.29 PSF).

Located at the southeast corner of I-19 and Sahuarita Road, Taco Bell with join McDonalds, Shell, United States Post Office, and Pima County Public Library.

A growing bedroom community, Sahuarita is only 15 minutes to Tucson Airport and 45 minutes to Nogales and Mexico.

Rob Tomlinson, Retail Specialist with Cushman & Wakefield | Picor of Tucson represented the seller, RSMC VI, LLC and Aaron LaPrise, Retail Specialist with Cushman & Wakefield | Picor represented the buyer.

To learn more Tomlinson should be contacted at 520.546.2757 and LaPrise can be reached at 520.546.2770.

For additional information see RED Comp #2849 and #2850.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from April 13 thru April 17, 2015.

RETAIL – 5251 E SPEEDWAY BLVD., EAST SPEEDWAY PLAZA, TUCSON
Locally owned, Summit Hut, will be expanding into a 14,000-square-foot showroom at 5251 E Speedway Blvd in Tucson. Summit Hut, an outdoor equipment and clothing store, will move from its current location at 5045 E Speedway Blvd. to open at the larger location at Speedway and Beverly on September 27, and will continue to maintain its other store at 7745 N Oracle Road. Andy Seleznov, CCIM, and Melissa Lal, CCIM, with Larsen Baker represented the landlord, Larsen Baker, LLC.

MEDICAL OFFICE SUBLEASE AT 2055 W HOSPITAL DR, TUCSON
Catalina Chest Clinic, P.C., a group of six board certified physician in Pulmonary Disease, subleased 6,086-square-feet at 2055 W. Hospital Dr., Suite 205, Tucson from Northwest Rheumatology, PLLC. Catalina Chest Clinic was already in the building in Suite #175 and maintains a second satellite office at 1521 E Tangerine Rd, Ste. #325, Oro Valley. Andrew D. Sternberg of Oxford Realty Advisors handled the transaction. [mepr-show rules=”58038″]Tenant number: 520.575.6944 Asking lease rate: $18.50 SF[/mepr-show]

OFFICE / WAREHOUSE – 4279 S SANTA RITA, Tucson Business Park
Tempe- based, Goldstar Logistics AZ Corporation leased 4,695-square-feet of office / warehouse space at 4279 South Santa Rita from CJR Properties, Inc. The tenant will use the office and warehouse for its delivery company. The space is located within Tucson Business Park, and brings this project to 100% occupancy. Other tenants there include Taylor Distributors, Kellogg Supply, Elite Delivery and Aire Filter Products. Kevin Volk of Volk Company represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.80 SF / MG[/mepr-show]

RETAIL – 7980 N ORACLE RD, STE #110, ORO VALLEY
Oro Valley CrossFit: dba Amazing Transformations LLC leased 1,300-square-feet at 7980 N. Oracle Road Suite #110, Oro Valley. The property is on the hard corner at the southeast corner of Magee and Oracle Roads with Fletcher’s Tire Center and Little Caesar’s as co-tenants in the Plaza Escondida Shopping Center, anchored by Marshall’s and Trader Joe’s. Aaron LaPrise, Retail Specialist with Cushman & Wakefield | Picor assisted the landlord, the Christopher Family Trust of Encino, CA and James P. Robertson Jr., CCIM, Senior Commercial Associate Broker with Realty Executives Tucson Elite, assisted the tenant.

“Oro Valley Cross Fit’s new center consists of 1,300-rentable-square-feet. This transaction gave the tenant an opportunity to display their techniques in a new center and offer their clients a convenient location. After a short tenant improvement build out period, OV CrossFit will be ready for their clients, “said Robertson. [mepr-show rules=”58038″]Lease rate: $12 SF / NNN.[/mepr-show]

Submit all sales and leases to REDailyNews@outlook.com.

Login for lease rates, terms and contact information.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from March 30 thru April 3, 2015.

INDUSTRIAL – 600 S. COUNTRY CLUB RD., TUCSON, AZ.
Leica Geosystems Mining, Inc. (part of Hexagon Mining) renewed their lease for 15,837-square-feet at 600 S. Country Club Rd. in Tucson from Country Club at the Park, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant and David Montijo and Ian Stuart with CBRE, Inc., represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.529.8729[/mepr-show]

OFFICE – 1440 W. VALENCIA RD., TUCSON, AZ.
Sonora Quest Laboratories, LLC renewed their lease for 2,393-square-feet at 1440 W. Valencia Rd., Suite 101 in Tucson from 1400 West Valencia, LLC.  Rick Kleiner, MBA, and Tom Knox, SIOR, Office Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.50 SF/YR NNN; Tenant Phone: 602.685.5000 (Corporate Office)[/mepr-show]

RETAIL – 3821 W. COSTCO DRIVE, TUCSON, AZ.
Sonya’s Brown Sugar Bakery LLC leased 2,000-square-feet at 3821 West Costco Drive, Suite 119. The space is located within Costco Plaza, which is anchored by Costco, Home Depot, and Sportsman’s Warehouse. Dave Hammack and Kevin Volk of Volk Company handled the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.531.1011[/mepr-show]

OFFICE – 405 W. COOL AVE., TUCSON, AZ.
The Leader Law Firm has leased 1,793-square-feet at 405 W. Cool Dr. from Louey Holdings LLC. The tenant was represented by Joel Nehls with Joel Nehls Realty. The landlord was represented by Jeff Casper with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.575.9040[/mepr-show]

RETAIL – 3025 N. CAMPBELL AVE., TUCSON, AZ.
Ms. Vesta Abel, dba ArtSeeds, leased approximately 1,779-square-feet of retail space located at 3025 N. Campbell Ave., Suite 161, Tucson, Arizona, from Foothills Business Ventures, LLC.  Tari Auletta, CCIM, of Tucson Realty & Trust Co. represented the Tenant and Michael Laatsch of CBRE represented the Landlord in the transaction. Tari Auletta is now with KW Commercial and can be reached at 520.235.2727.[mepr-show rules=”58038″]Asking lease rate: $16.00 SF/YR NNN; Tenant Phone: 520.247.1325[/mepr-show]

OFFICE – 1020 N. COUNTRY CLUB RD., TUCSON, AZ.
Desert Owl Games, LLC leased 1,700-square-feet at 1020 N. Country Club Rd. in Tucson from Rich Rodgers North, Inc.  Brandon Rodgers, CCIM, and Tom Nieman with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $1.00 SF/MO Modified Gross; Tenant Phone: 520.243.3655[/mepr-show]

RETAIL – 294-350 N. GRAND AVE., NOGALES, AZ.
Washington Federal has leased 1,500-square-feet at 294-350 N. Grand Ave. from Nogales Plaza Shopping Center LP. The tenant was represented by Todd Foldger with CBRE’s Phoenix office. The landlord was represented by Jesse Peron and Peter Villaescusa with CBRE’s Tucson office.

OFFICE – 6565 E. CARONDELET DR., TUCSON, AZ.
Legacy Home Health Care of Southern Arizona leased 1,401-square-feet at 6565 E. Carondelet Dr., Suite 315 in Tucson from Tucson II MOB Owner, LLC.  Rick Kleiner, MBA, and Tom Knox, SIOR, Office Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $22.00 SF/YR Full Service; Tenant Phone: 520.335.6118[/mepr-show]

RETAIL – 6747 E. BROADWAY BLVD., TUCSON, AZ.
Red Sole Dance & Fitness leased 1,253-square-feet at Boot Barn Plaza,  6747 E. Broadway in Tucson from Choice Properties Arizona, LLC.  Aaron LaPrise and Rob Tomlinson, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate : $7.00 SF/YR NNN[/mepr-show]

OFFICE – 1440 W. VALENCIA RD., TUCSON, AZ.
Northwest Hospital, LLC leased 1,222-square-feet at 1440 W. Valencia Rd., Suite 102 in Tucson from 1400 West Valencia, LLC.  Rick Kleiner, MBA, and Tom Knox, SIOR, Office Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.50 SF/YR NNN[/mepr-show]

RETAIL – 2860 W. INA RD., TUCSON, AZ.
NOS Computers has signed a leased for 1,200-square-feet at 2860 W. Ina Road, Suite 112, Tucson, AZ, in Plaza Sonora at the northeast corner of Ina and Shannon Roads. This will be the computer store’s second location and the Owner, Colin Bakof, is planning to open April 1, 2015. NOS Computers’ first location is located at Tangerine Rd. and Thornydale Rd. in the Fry’s Center. Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, EJ Sonora Plaza, LLC and NOS Computers did not have representation in this lease transaction. [mepr-show rules=”58038″]Tenant Phone: 520.395.2346[/mepr-show]

INDUSTRIAL – 2112 N. DRAGOON ST., TUCSON, AZ.
Silver Lands, Inc., a landscape design, construction and management company, leased 1,000-square-feet at 2112 N. Dragoon St., Suite 20 in Tucson from Rich Rodgers South, Inc.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.63 SF/MO Modified Gross; Tenant Phone: 602.734.1360[/mepr-show]