Sabino Canyon Plaza Sells for $1.15 Million

4960 N Sabino Canyon 2014 aSabino Canyon Plaza at 4960 N Sabino Canyon Rd in Tucson sold for $1.15 million ($173 PSF). The 6,631-square-foot strip center (built 2006) is located north of Snyder on Sabino Canyon. It was 71% occupied at time of sale with three tenants: Brewd Coffee, Finis Nail Spa and Sabino Vet Care plus 1,896-square-feet available.

Craig Finfrock of Commercial Retail Advisors represented the seller, The Sheldon Trust (Steven and Susan Sheldon) of Tucson in the transaction. Jade Bossert of Tierra Antigua in Tucson represented the California investor, JDaniels, LLC (John and Jane Daniels) of Solvang, CA.

Mark Hayes with Tierra Antigua has the leasing assignment for the property.

To learn more Bossert should be reached at 520.544.2335 and Hayes at 520.444.5401. Finfrock can be contacted at 520.290.3200

 

 




Tucson Lease Report – October 20-24, 2014

Tucson Lease Report
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from October 20 – 24, 2014.

RETAIL – 7191 E. BROADWAY BLVD., TUCSON, AZ.
Natures Market has leased 15,645-square-feet at Circle Plaza, located on the SE corner of Broadway Blvd. and Kolb Rd. The Premises will be used as a grocery store selling natural foods, vitamins, supplements, juice bar, deli, bakery, and lectures. They are scheduled to open for business 1st quarter 2015.  Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while James Craddock of Craddock Commercial Real Estate, LLC and Craig Finfrock of Commercial Retail Advisors, represented the Tenant.

RETAIL – 555 E. WETMORE, TUCSON, AZ.
Petco has leased a 14,508 square-foot space at Tucson Place Shopping Center, located on the NW corner of Wetmore and First Ave. The Premises will be used as a pet supply store and for the sales of related products and services. They are scheduled to open for business 1st quarter 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Mark Holinger of Frontera Development represented the Tenant.

RETAIL – 810 E. 22nd ST., TUCSON, AZ.
FX Tactical, LLC leased 8,238-square-feet at 810 E. 22nd in Tucson from F & S Bath Shoppe, Inc.  Ron Zimmerman, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant. Steffan Cione with Cione Company represented the landlord in this transaction. [mepr-show rules=”58038″] Phone: 623.877.1257[/mepr-show]

INDUSTRIAL – 3250 E. 47th STREET, TUCSON, AZ.
G & J Tires, LLC leased 4,150-square-feet at 3250 E. 47th Street in Tucson from 47th Street, LLC.  Ron Zimmerman and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 6303 E. TANQUE VERDE, TUCSON, AZ.
Lutheran Social Services of the Southwest leased approximately 3,001-square-feet of office space located at 6303 E. Tanque Verde, Suite 101, Tucson, Arizona, from the Roben Family Limited Partnership, L.P. Michael Gross of Tucson Realty & Trust Co. represented the Landlord in the transaction. [mepr-show rules=”58038″] $14.50 SF/YR Full Service; Phone: 520.748.2300[/mepr-show]

INDUSTRIAL – 3820 E. 44th ST., TUCSON, AZ.
Mindfulmeans, LLC leased 2,800-square-feet at 114 W. Flores St. from Rich Rodgers Investment, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled the transactions.

RETAIL – 3955 E. SPEEDWAY BLVD., TUCSON, AZ.
Signs Now leased 1,717-square-feet expanding their existing space to a total 3,836-square-feet at 3955 E. Speedway, Suite 110 in Tucson from Central Point Tucson, LLC.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″] Phone: 520.325.7446; $1.15 SF/MO NNN [/mepr-show]

OFFICE – 2260 N. ROSEMONT, TUCSON, AZ.
Nouveau Beauty Cosmetic Center leased 1,483-square-feet at 2260 N. Rosemont, Suite 104, from J & A Medical Properties, LLC. Located in Tucson Medical Park, Nouveau Beauty will open a full line of skin care, botox, laser services and more.  Chris Tsghis of Coldwell Banker represented the Tenant and Lori Casey and Doug Marsh of Oxford Realty Advisors represented the Landlord. [mepr-show rules=”58038″] Phone: 520.413.0774[/mepr-show]

RETAIL – 3100 N. STONE AVE., TUCSON, AZ.
Bethesda African Fellowship leased 1,245-square-feet in Northstone Business Village at 3100 N. Stone, Suite 124 in Tucson from 3100, LLC. Jeff Zellet and Brandon Rodgers, CCIM, with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″] Phone: 520.327.7121[/mepr-show]

RETAIL – 3955 E. SPEEDWAY BLVD., TUCSON, AZ.
American Reprographics Company, LLC leased 1,219-square-feet expanding their existing space to a total 3,657-square-feet at 3955 E. Speedway, Suite 101-103 in Tucson from Central Point Tucson, LLC.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″] Phone: 520.327.6700; $1.15 SF/MO NNN[/mepr-show]

OFFICE – 6015 E. 22nd ST., TUCSON, AZ.
National Finance Group, Inc. leased 1,204-square-feet at 6015 E. 22nd in Tucson from Fei-Shu Hu and Ken Ma.  Ron Zimmerman, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″] Phone: 520.481.9194[/mepr-show]

INDUSTRIAL – 3820 E. 44th ST., TUCSON, AZ.
TD Industries, Inc. leased 1,100-square-feet at 3820 E. 44th St., Suite 416, Tucson from Rich Rodgers Investment, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled the transactions.

OFFICE – 5930 E. PIMA ST., TUCSON, AZ.
The Arizona Democratic Party leased 1,071-square-feet at 5930 E. Pima St., Suite 232, Tucson from 5930 E. Pima, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″] $14.00 SF/YR Modified Gross[/mepr-show]

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Openings & Closings Around Tucson (09.08.2014)

Open ClosedConn’s Opens at Marana Marketplace This Weekend
Conn’s, Inc. (NASDAQ:CONN), opened its new 40,000-square-feet Tucson-area location, at Marana Marketplace, with a grand opening this weekend. Located at 3742 W. River Road, suite 150 at the southeast corner of Thornydale and River off I-10 in Marana, this is Conn’s second location in Tucson. Conn’s, a specialty retailer of home appliances, furniture, mattresses, consumer electronics and provider of consumer credit first opened in Tucson December 2012 at 5530 E Broadway Blvd. in approximately 33,000-square-feet. Conn’s is on a growing spurt this year, and announced plans last July to open 10-12 new locations this year. In Arizona, Conn’s already has stores in Mesa, Tempe, Phoenix and Tucson. The Texas-based company also opened a new store in Lubbock, TX the same day. The Marana store added approximately 30 jobs to the area. Store hours are 10 a.m. to 9:30 p.m. Mondays through Fridays, 9 a.m. to 9:30 p.m. Saturdays and 10 a.m. to 8 p.m. Sundays. Contact: 797-5629 or www.conns.com.

Nancy McClure with CBRE of Tucson represented Conn’s and Andy Seleznov with Larsen Baker, the developer and landlord of Marana Marketplace, represented the landlord in this transaction.

STOTZ Equipment to Open this Month in Marana
The former Arizona Machinery, Greenline Equipment and AA Equipment now operating as STOTZ Equipment is about to open its new 14,000-square-foot building at 9659 N Tiffany Loop, at the northwest corner of Twin Peaks & I-10 in Marana. The John Deer dealership expects to open September 15th and will be moving staff and inventory from 2020 W Gardener Lane in Tucson this week, Karen Harrington, Store Manager, told us. Store hours are Mon – Fri: 7:00am-5:00pm; Saturday: Closed; Sunday: Closed. Contact: Phone: (520) 887-4121 or https://www.stotzequipment.com/

Mutual of Omaha Bank Opens New Northwest Branch
Mutual of Omaha Bank has opened a new 4,814-square-foot bank location at 8580 N Oracle Road in Oro Valley, southeast of le=”font-size: 10pt;”Hardy and Oracle Road. According to Mutual of Omaha Bank, whether it’s a personal or business loan, it finances projects that continue efforts to boost the local economy and create affordable living opportunities. This is the bank’s second location in the Tucson area, the other is at 6298 E Grant Rd in Tucson. Lobby Hours: Monday – Thursday: 9:00am – 4:00pm; Friday: 9:00am – 5:00pm; with 24 Hour Walk-Up ATM. Contact: (520) 229.8299 or https://www.mutualofomahabank.com/

Mark Irvin of Mark Irvin Commercial Real Estate Services represented the bank and Roger Breckenridge of Long Realty represented the landlord in this lease transaction.

Men’s Warehouse Closed River/Stone – Now Open at Oracle/Wetmore
Men’s Warehouse is now open at the Wetmore Plaza, 474 W Wetmore Road, suite 101, at the southwest corner of Oracle and Wetmore. The Men’s Warehouse making good on their promise to help men ‘like the way they look’ for over 40 years relocated from 90 West River Road at River and Stone into its new 4,500-square-foot space.   Its other store in Tucson is at Broadway Center, 5628 E Broadway Blvd., Tucson. Store Hours are Monday – Friday: 10:00am-9:00pm; Saturday:9:30am-9:00pm; Sunday: 11:00am-6:00pm. Contact: (520) 293-1780 or https://www.menswearhouse.com/store-locator/2507

Debbie Heslop and Dave Hammack of the Volk Company are handling the leasing of the former 5,081-square-foot space at River & Stone. Craig Finfrock of Commercial Retail Advisors represented Men’s Warehouse and Andy Seleznov of Larsen Baker represented the landlord at Wetmore Plaza, Larsen Baker.

Culver’s at The Bridges Opens Next Weekend
Culver’s is will be opening at 3070 S Campbell Avenue at The Bridges on the northeast corner of Kino Blvd. and Tucson Marketplace, across from Costco, just in time for flavor of the day Georgia Peach ice cream, September 15th. The Wisconsin burger and custard chain made inroads into Tucson in 2011. The 4,500-square-foot store will be the second location for Kyle Kolsrud. His first Culver’s is at 6905 N Thornydale Road in Marana. Kolsrud purchased the 1.6 acre lot at the Bridges in April for construction of the new build-to-suit.

Centrestage Dance Studio Now Open in Oro Valley
Centrestage Dance Studio opened at Lambert & La Canada, 10370 N. La Canada Dr. # 170, Oro Valley AZ 85737; next to the Papa Murphy’s and near Big 5. Centrestage Dance offers classes to all levels of dancers, from beginning to advanced, with classes that can empower any child to be a star. Katrina Wyckoff, the owner and director, says the new 2,622-square-foot location has two big beautiful studios, a lobby, a boutique, and even a shower room! Professional Marley dance flooring and HUGE dance mirrors! Contact at (520) 449.7986 or www.CentreStageDanceStudio.Net

Roger Breckenridge of Long Realty represented Centrestage Dance and Jayme Fabe of CBRE represented the landlord in the lease.

If you know of any openings and / or closings around town, please let us know too at REDailyNews@outlook.com