MARANA, Arizona – Primo’s R/E Investments of Mesa (Ernetso Rascon, manager) purchased a 29,294-square-foot padded lot at 4505 West Ina Road in Marana for $445,000 ($15.19 PSF). The buyer plans to build a 5,200-square-foot Mercado El Herradero Carniceria on the site.

The seller, David Lee of Marlee Saguaro, LLC and David Lee Real Estate Company was self-represented, and Juan Teran of Realty Executives Tucson Elite represented the buyer.

The property is located to the west of the former Chuy’s restaurant that sold in September  for redevelopment at a sale price of $1.35 Million. Debbie Heslop, CCIM, with Volk Company represented the buyer of the former Chuy’s.

Ina Road is reaching the completion of $128 million road improvements being overseen by ADOT and funded by the Federal Highway Administration, the Pima Association of Governments and the Regional Transportation Authority. Completion is scheduled for early March.

Before work began, Ina Road crossed under I-10, and drivers frequently had to stop for passing freight trains. After completion, Ina Road will cross over I-10 and the railroad tracks. Both Ina Road and I-10 will have an additional lane in each direction to accommodate increasing traffic, with Ina Road improvements reaching west across the Santa Cruz River to Silverbell Road.

The improvements are designed to keep pace with growth in the Marana area while reducing congestion on Cortaro Road.

For more information, David Lee can be reached at 520.954.8008 and Juan Teran should be contacted at 520.977.5905.

To learn more, see RED Comp #6405.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from July 30 thru Aug. 3, 2018.

INDUSTRIAL – 9538 E. OLD VAIL RD., TUCSON
uSimple renewed their lease for 50,400 SF at 9538 E. Old Vail Road with JAH Tucson LLC.  Gary Emerson of GRE Partners, LLC represented the Landlord and Pat Welchert of Alpha Commercial Real Estate Service represented the tenant.

OFFICE – 7440 N ORACLE RD., STE #1, ORO VALLEY
Radiance Therapeutics leased 2,500-square-feet at 7440 N Oracle Road, Ste #1 in Oro Valley, AZ. Juan Teran, CCIM, with Realty Executives Tucson Elite represented the landlord and Tom Hunt with Tango Commercial Real Estate represented the tenant. [mepr-show rules=”58038″]Lease started June 1, 2018; 4-year term at $19 PSF[/mepr-show]

INDUSTRIAL – 7620 N. HARTMAN LN., TUCSON
International Textile Traders, Inc. dba Arizona Uniform and Apparel leased 1,600-square-feet at Continental Commerce Park located at 7620 N. Hartman Lane, Tucson, AZ.  David Blanchette with NAI Horizon represented the tenant in this transaction. [mepr-show rules=”58038″]Phone: 520.324.0344[/mepr-show]

OFFICE – HOUGHTON TOWN CENTER, TUCSON
Realty Executives leased 1,397-square-feet of additional space adjoining its 2,400-square-foot existing office at Houghton Town Center. Juan Teran, CCIM, with Realty Executives represented the tenant. [mepr-show rules=”58038″]Phone: 520.977.5905. Commencement date: May 2018. Lease rate: high $20’s PSF for 10-year term.[/mepr-show]

RETAIL – 1295 W. DUVAL MINE RD., SAHUARITA
Sushi Lin has signed a lease for 1,306-square-feet at 1295 W. Duval Mine Road, Sahuarita, AZ in Sahuarita Palms Plaza located at the southeast corner of La Canada and Duval Mine Road.  The owner, Chin Lin and Huirong Zou, own and operate Panda House Chinese Restaurants that they built in Green Valley & Sahuarita. The first location in Sahuarita Plaza has been open for eight years and their second location in Continental Plaza has been open for one and a half years. The new Sushi Lin restaurant is expected to open in November 2018.  Craig Finfrock of Commercial Retail Advisors, LLC represented the Tenant, Sushi Lin, and the Landlord was represented by Rob Tomlinson of Cushman & Wakefield | Picor in this transaction.

OFFICE – 7440 N ORACLE RD., STE #3, ORO VALLEY
Edward Jones leased 1,300-square-feet at 7440 N Oracle Rd., Ste #3, in Oro Valley, AZ. Juan Teran, CCIM, with Realty Executives Tucson Elite represented the landlord. [mepr-show rules=”58038″]Commencement date July 1. Lease rate: $19 PSF and 5-year term.[/mepr-show]

RETAIL – SW CORNER of SPEEDWAY BLVD & CRAYCROFT RD., TUCSON
Studio 98 has leased a 1,210-square-feet of space at Speedway Craycroft Plaza, located on the SW corner of Speedway Blvd and Craycroft Rd. The Premises will be used as a full service men and women’s hair salon and for the sales of related products and services. They are scheduled to open for business August 2018.  Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord, Larsen Baker.

RETAIL – 1325 W. DUVAL MINE RD., SAHUARITA
Ishaq Ali, DDS dba Altamira Dental has signed a lease for 1,200-square-feet at 1325 W. Duval Mine Rd. Sahuarita, AZ in Sahuarita Palms Plaza located at the southeast corner of La Canada & Duval Mine Rd. Dr. Ali currently owns a dental office in Tucson, and has been practicing dentistry at a clinic in Sahuarita for several years. This will be Dr. Ali’s 2^nd practice. The new clinic in Sahuarita Palms Plaza is expected to open in the 4^th quarter of 2018.  Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord and the tenant Dr. Ali represented himself in this transaction.

RETAIL – 40 E. CONGRESS ST., TUCSON
Serial Grillers, LLC leased approximately 1,184-square-feet at 40 East Congress Street. Serial Grillers offers a wide variety of food, including pizza, sandwiches, burgers, and American fare along with a wide selection craft beer and wine. This will be their fifth Tucson-area location. The landlord is BP City Park Operator, LLC, which was represented by Bourn Advisory Services, LLC.  Jeramy Price of Volk Company represented Serial Grillers, LLC.

OFFICE – 6595 N. ORACLE RD., TUCSON
JSN, LLC leased a 1,160-square-foot office space at Los Altos Plaza, located at 6595 North Oracle Road Suite 135 to Alan D Cross, D.C., P.C.. Ian Stuart and Bruce Suppes with CBRE’s Tucson Office represented the landlord. Janine and Mark Irvin with Mark Irvin Commercial Real Estate represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR Modified Gross[/mepr-show]

OFFICE – 2424 E. BROADWAY BLVD., TUCSON
LUCHA 501C4 leased 1,053-square-feet located at 2424 E. Broadway, Tucson, AZ.  Andrew Sternberg with NAI Horizon Tucson represented the landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $12.00 – $13.50 SF/YR Modified gross[/mepr-show]

RETAIL – AJO & KINNEY, TUCSON
Direct Paging and Cellular, Inc. leased 1,000-square-feet at Ajo & Kinney is a new retail building to be constructed just east of the southeast corner of Ajo Highway and Kinney Road. The tenant will open Cricket Wireless in the space and will join Domino’s and Dairy Queen. This brings remaining space at the building down to 2,300 square feet.  Kevin Volk of Volk Company represented the Landlord, Ajo SEC Shops LLC,

RETAIL – CRAYCROFT RD., S of SPEEDWAY BLVD., TUCSON
Paw Prints has leased a 837 SF space at Craycroft Plaza, located on Craycroft Rd. just south of Speedway Blvd. The Premises will be used as a pet training facility and for the sale of related products and services. They are scheduled to open for business September 2018. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker. [mepr-show rules=”58038″]Phone: 520.571.7877[/mepr-show]

RETAIL – 4811 E GRANT RD., TUCSON
United Healthcare has renewed their lease at Crossroads Festival, located on the NE corner of Grant Rd. and Swan Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord.

RETAIL – NW CORNER of TANQUE VERDE RD & CATALINA HWY. TUCSON
Essie Nails has renewed their lease at Bear Canyon Shopping Center, located on the NW corner of Tanque Verde Rd. and Catalina Highway. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord. [mepr-show rules=”58038″]Phone: 520.344.8513[/mepr-show]

RETAIL – SW CORNER of BROADWAY BLVD & CRAYCROFT RD, TUCSON
Silverberg & Sons has renewed their lease at Tucson Place Shopping Center, located on the SW corner of Broadway Blvd. & Craycroft Rd. Andy Seleznov and Melissa Lal of Larsen baker represented the Landlord. [mepr-show rules=”58038″]Phone: 520.750.1250[/mepr-show]

RETAIL – CRAYCROFT RD., S of SPEEDWAY BLVD., TUCSON
Saguaro Speech Therapy has renewed their lease at Craycroft Plaza, located on Craycroft Rd. just south of Speedway Blvd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord. [mepr-show rules=”58038″]Phone: 520.398.6834[/mepr-show]

RETAIL – SW CORNER of BROADWAY BLVD & CRAYCROFT RD, TUCSON
Asian Eyebrow Threading has renewed their lease at The Plaza at Williams Centre, located on the SW corner of Broadway Blvd. & Craycroft Rd.. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord.

Submit sale and lease to REDailyNews@outlook.com

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from March 19-23, 2018.

OFFICE – 100 N STONE AVE., TUCSON
Nvest, Inc. leased 6,436-square-feet of office space at 100 N. Stone Avenue in the Pioneer Building. Trevor Pratt of JLL represented the tenant. Bruce Suppes and David Volk of CBRE represented the landlord, Holualoa Pioneer, LLC, in the transaction.

OFFICE – 6725 E BROADWAY BLVD., TUCSON
Pyramid Federal Credit Union has leased a 3,931-square-feet of office space at 6725 E. Broadway Blvd.  CBRE’s Nancy McClure represented Pyramid in the transaction, and NAI Horizon-Tucson office represented the landlord, Alpine Chalet Apartments, LLC. [mepr-show rules=”58038″]Phone: 520.292.1198 (Corporate)[/mepr-show]

OFFICE – 1636 SWAN ROAD, TUCSON
WSB Tucson Financial Center leased 3,304-square-feet of office space at 1636 Swan Road. Janine Irvin of Mark Irvin Realty represented the tenant. Bruce Suppes and Ian Stuart or CBRE represented the landlord, K Nardelli Building, LLC, in the transaction. [mepr-show rules=”58038″]Asking lease rate: $18.00 SF/YR Full Service Gross[/mepr-show]

OFFICE – 2055 W MEDICAL HOSPITAL DR., TUCSON
Presidio Surgical Group leased 1,921-square-feet of office space at 2055 W. Medical Hospital Drive in the Northwest Professional Plaza. Vicki Teeple of Tango Commercial represented the tenant. Bruce Suppes and Dave Volk of CBRE represented the landlord, Windrose Northwest Professional Plaza Properties, in the transaction. [mepr-show rules=”58038″]Phone: 520.219.9125[/mepr-show]

RETAIL – 4951 E GRANT ROAD, TUCSON
Bi Bim Bap Korean Restaurant leased 1,360-square-feet of retail space at 4951 E. Grant Road in the Crossroads East Shopping Center. Daniel Yang and Chris Tsighis of Coldwell Banker represented the tenant. Nancy McClure of CBRE represented the landlord, Machado Properties Crossroads East, in the transaction. [mepr-show rules=”58038″]Asking lease rate: $15.00 – 419.00 SF/YR NNN[/mepr-show]

RETAIL – EMBASSY PLAZA, MARANA
Liberty Tax Service leased 1,050-square-feet at Embassy Plaza, at 3924 West Ina Road at Ina and Thornydale Road in Marana. Juan Teran, CCIM, with Realty Executives in Tucson represented the tenant.

RETAIL- WETMORE PLAZA, TUCSON
Landmark Barber Studio has leased a 960-square-feet of space at Wetmore Plaza, located at the NW corner of Oracle Rd. and Wetmore Rd. The barbershop serves a mostly male clientele and also provides the sale of related products. They are scheduled to open for business June 2018.  Andy Seleznov and Melissa Lal represented the landlord, Larsen Baker, while Dave Hammack of Cushman & Wakefield | PICOR, represented the tenant.