The industrial property at 24, 26, 38 & 44 East Flores Street in Central Tucson sold for $540,000 ($74 PSF) to Tucson Shared Kitchen LLC of Phoenix (Kimberly Kammann, manager).

The property consists of two buildings, a 2,500-square-foot warehouse / storage building (built 1953) and a 4,825-square-foot commercial kitchen, built 1951 The kitchen included some equipment that was included in the sale price. Fixtures included a large stainless steel vent hood, fire suppression system, grease trap, two mop drains, and two walk-in coolers, one with freezer.

Property sits on .63 acre at Flores and Stone in Central Tucson.

The buyer purchased the property to continue to operate it as a commercial kitchen.

John Hamner, CCIM, and Gary Best, CCIM, with Keller Williams Southern Arizona in Tucson represented the seller, R & G Food Services, Inc that was also an owner user dba Latitude Kitchen and Catering prior to sale.

Dean Cotlow of Cotlow Company in Tucson represented the buyer.

For more information, Hamner can be reached at 520.907.0030 and Best is at 520.444.0799. Cotlow should be contacted at 520.881.8180.

To learn more, see RED Comp #3715.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from March 14 thru 18, 2016.

RETAIL – 4441-4443 E. SPEEDWAY BLVD., TUCSON
Midtown Mercantile Merchants, LLC leased 29,211-square-feet in Speedway Retail Center, 4441 – 4443 E. Speedway in Tucson, from H & L Speedway Partners, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Gary Best with Keller Williams Southern Arizona, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $8.00 SF/YR Modified Gross[/mepr-show]

RETAIL – 5045 E. SPEEDWAY BLVD., TUCSON
Richard N. Maddox and Lori L. Maddox, dba Speedway Antique Mall, leased an18,000-square-foot building (formerly occupied by Summit Hut) at 5045 East Speedway Boulevard. The tenant was represented by Frank Arrotta of Tucson Realty & Trust. Rick Borane with the Volk Company represented the landlord, The Spector Revocable Trust.[mepr-show rules=”58038″] Asking lease rate: $10.00 SF/YR NNN[/mepr-show]

RETAIL – 4780 E. GRANT RD., TUCSON
Ling-Bin Lu, dba Joy Buffet leased 6,000-square-feet at 4780 East Grant Road. The tenant plans to open an Asian food restaurant offering breakfast, lunch, and dinner for dine-in, take-out, and carry-out service. The space is located at the southeast corner of Grant and Swan within Grant and Swan Shopping Center, which is anchored by Petsmart and Trader Joe’s. Jason Wong of Red Point Development represented the Tenant. Dave Hammack of Volk Company represented the landlord, C & C Land & Cattle Company Limited Partnership, L.L.P.

OFFICE – 7165 N. PIMA DRIVE, TUCSON
Western Emulsions leased 4,693-square-feet of office space at 7165 N. Pima Canyon Drive from Double Z Pima Canyon L.L.C. The Landlord was represented by Michael Sarabia and James Hardman of DESCO Southwest. The Tenant was represented by Alan G. Moore of Chapman Lindsey. [mepr-show rules=”58038″]Asking lease rate: $22.50 SF/YR NNN; Tenant Phone: 520.622.7203[/mepr-show]

RETAIL – 60 N. HARRISON RD., TUCSON
KHBA, LLC, dba: Inverse jiu-jitsu | yoga, leased 2,600-square-feet at 60 N. Harrison Rd., Suite A170 in Tucson from Dave Grabbert Ranch, Inc.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord and Roger Breckenridge with Long Realty Company represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.00 SF/YR NNN[/mepr-show]

INDUSTRIAL – 3640 S. CMAPBELL AVE., TUCSON
M.A.V. Roofing, LLC leased 2,500-square-feet at 3640 S. Campbell Ave., Unit 1 in Tucson from Strauss Revocable Living Trust.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.  Daniel Yang and Chris Tsighis with Coldwell Banker Residential Brokerage, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.55 SF/MO Modified Gross; Tenant Phone: 520.280.0834[/mepr-show]

OFFICE – 1715 E. SKYLINE DRIVE, TUCSON
Cadre Partners LLC leased 1,264-square-feet of office space at 1715 E. Skyline Drive, Suite 131 from United Insurance Company of America. Michael Sarabia and James Hardman of DESCO Southwest represented the Landlord. The Tenant was represented by Jeff Casper of CBRE.

OFFICE – 2830 N. SWAN RD., TUCSON
Thin Ice, Inc. leased 1,194-square-feet of medical office space at 2830 N. Swan Rd., Suite 160 in Tucson from Swan & Glenn, LLC.  Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

INDUSTRIAL – 3720 S. PARK AVE., TUCSON
Adrians Barbershops leased 1,170-square-feet at 3720 S. Park Ave., Suite 603 in Tucson from William Lee, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.889.2905[/mepr-show]

OFFICE – 1715 E. SKYLINE DRIVE, TUCSON
Edward D. Jones & Co., LP leased 1,092-square-feet of office space located at 1715 E. Skyline Drive, Suite 121 from United Insurance Company of America. Michael Sarabia and James Hardman of DESCO Southwest represented the Landlord. The Tenant was represented by Chris Hollenbeck of Cushman & Wakefield. [mepr-show rules=”58038″]Tenant Phone: 520.777.7616[/mepr-show]

OFFICE – 5930 E. PIMA ST., TUCSON
Simply Sleep Diagnostics, Inc. and Homesleeptesting, Inc. leased 1,071-square-feet of office space at 5930 E. Pima St., Suite 232 in Tucson from 5930 E. Pima, Inc.  Jeff Zellet, Commercial Specialist with Cushman &Wakefield | PICOR, represented the landlord and Andrew Sternberg with Oxford Realty Advisors, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $14.00 – $15.00 SF/YR Modified Gross[/mepr-show]

OFFICE- 6400 E. GRANT RD., TUCSON
GSW Telecom, LLC leased 930-square-feet at 6400 E. Grant Rd., Suite 100 in Tucson from La Mirada, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR Full Service; Tenant Phone: 520.733.4142[/mepr-show]

OFFICE – 6369 E. TANQUE VERDE RD., TUCSON
ECB Corp., dba OmniDuct, leased 327-square-feet of office space in Tri-Pointe Plaza, 6369 E. Tanque Verde Rd. in Tucson from CSFB 2005-C3 Tanque Verde, LLC.  Rick Kleiner, MBA, and Isaac Figueroa, Office Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.50 SF/YR Full Service[/mepr-show]

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from  March 7 thru 11, 2016.

OFFICE – 7165 N. PIMA CANYON DR., TUCSON
Western Emulsions leased 4,693-square-feet of office space at 7165 N. Pima Canyon Drive from Double Z Pima Canyon L.L.C. The Landlord was represented by Michael Sarabia and James Hardman of DESCO Southwest. The Tenant was represented by Alan G. Moore of Chapman Lindsey. [mepr-show rules=”58038″]Asking lease rate: $22.50 SF/YR NNN; Tenant Phone: 520.624.4130[/mepr-show]

OFFICE – 1931 W. GRANT RD., TUCSON
InTegriLogic Corporation renewed their lease for 3,281-square-feet at 1931 W. Grant Rd., Suite 310 in Tucson from First Family Company, Ltd.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.  Chuck Corriere with Keller Williams Southern Arizona, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.229.1611[/mepr-show]

OFFICE – 1835 S. ALVERNON WAY, SUITE 202, TUCSON
Debbie Heslop, CCIM, of Volk Company represented PharmCareUSA of Phoenix, LLC in its lease of 2,147-square-feet at 1835 South Alvernon Way, Suite 202. The space is located within Midpoint Business Plaza, and the tenant plans to use the space for a closed door pharmacy. The landlord, Presson Midpoint, L.L.C, was represented by Paul Hooker and Rob Glaser of Cushman & Wakefield | PICOR.

RETAIL – NE CORNER of FIRST AVE., and WETMORE RD., TUCSON
Starbucks leased 2,000-square-feet in the Riverfront Shopping Center, located at the northeast corner of First Ave. and Wetmore Rd. in Tucson, from First Avenue Associates, LLC.  The site was formerly occupied by Golden Corral and demolished. A new Starbucks’ drive-through building will be constructed on the property.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant and Andy Seleznov with Larsen Baker, LLC, represented the landlord in this transaction.

OFFICE – 6565 E. CARONDELET DR., TUCSON
Richard Cohn, M.D., renewed his lease for 1,996-square-feet of medical office space at 6565 E. Carondelet Dr., Suite 225 in Tucson from Tucson 6565 Medical Properties, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.886.9779[/mepr-show]

RETAIL – 2741 N. CAMPBELL AVE., TUCSON
Yoshimatsu LLC leased 1,763-square-feet at 2741 North Campbell Avenue for a restaurant. Rick Borane of Volk Company represented Yoshimatsu LLC, The Landlord was Zeta Partnership, represented by Jeff Zellet of Cushman & Wakefield | PICOR. [mepr-show rules=”58038″]Tenant Phone: 520.320.1574[/mepr-show]

OFFICE – 17 W. WERMORE RD., TUCSON
Busy Richard Industries, LLC leased 1,484-square-feet of office space at 17 W. Wetmore Rd., Suite 202 in Tucson from Mary Francina Richardson and Suzanne Garvey. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR represented the tenant and Terry Lavery with Tucson Realty & Trust Co., represented the landlord in this transaction.

RETAIL – 8250 E. BROADWAY BLVD., TUCSON
Richard Witham and Jennifer Dewey, dba Retro Hair Studio, leased approximately 1,340-square-feet of retail space located at 8250 E. Broadway Boulevard, Suites 101 & 102, Tucson, Arizona, from Trinum Properties, LLC.  Frank Arrotta and Pat Darcy of Tucson Realty & Trust Co. represented the Landlord and Frank Arrotta of Tucson Realty & Trust Co. represented the Tenant in the transaction. [mepr-show rules=”58038″]Asking lease rate: $13.00 SF/YR Modified Gross; Tenant Phone: 520.298.7428[/mepr-show]

OFFICE – 1715 E. SKYLINE DR., TUCSON
Cadre Partners LLC leased 1,264-square-feet of office space at 1715 E. Skyline Drive, Suite 131 from United Insurance Company of America. Michael Sarabia and James Hardman of DESCO Southwest represented the Landlord. The Tenant was represented by Jeff Casper of CBRE.

RETAIL – 5625 E. 22^ND ST., TUCSON
Alex Guerrero and Danitza Guerrero leased approximately 1,200-square-feet of retail space located at 5625 E. 22nd Street, Tucson, Arizona, from DG Commercial, LLC.  Frank Arrotta of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction.

OFFICE – 333 N. WILMOT ROAD, TUCSON
Edward D. Jones & Co., L.P., dba, Edward Jones, leased approximately 1,119-square-feet of office space located at 333 N.Wilmot Road, Suite 180, Tucson, Arizona, from National Bank of Arizona. Michael Gross of Tucson Realty & Trust Co. represented the Landlord and Chris Tsighis and Victoria Lem of Coldwell Banker represented the Tenant in the transaction.

OFFICE – 1715 E. SKYLINE DR., TUCSON
Edward D. Jones & Co., LP leased 1,092-square-feet of office space located at 1715 E. Skyline Drive, Suite 121 from United Insurance Company of America. Michael Sarabia and James Hardman of DESCO Southwest represented the Landlord. The Tenant was represented by Chris Hollenbeck of Cushman & Wakefield. [mepr-show rules=”58038″]Tenant Phone: 520.777.7616[/mepr-show]

OFFICE – 622 N. COUNTRY CLUB RD., TUCSON
Open Form, LLC renewed their lease for 950-square-feet at 622 N. Country Club Rd., Suite D in Tucson from Siegmund Properties, LLC. Jeff Zellet and Isaac Figueroa, with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.477.9623[/mepr-show]

INDUSTRIAL – 3819 S. EVANS RD., TUCSON
American Resource and Services, Inc. leased 932-square-feet in the Ajo / Evans Business Park, 3819 S. Evans Blvd., Suite 307 in Tucson, from Ajo / Evans Business Park, LLC.  Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 2231 N. INDIAN RUINS RD., TUCSON
LeadLine, LLC leased 710-square-feet of office space at 2231 N. Indian Ruins Rd., Suite 4 in Tucson from Rich Rodgers Central, Inc.  Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $12.00 SF/YR Modified Gross[/mepr-show]

OFFICE – 880 W 4^th ST., BENSON
Sonora Quest Laboratories, LLC renewed their lease for 636-square-feet at 880 W. 4^th St. in Benson, AZ., from L. Michael & Susan LeSueur.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE – 2737 N CAMPBELL AVE., TUCSON
Yoshimatu LLC leased 177-square-feet at 2737 North Campbell Avenue for an office. The Landlord was Zeta Partnership, represented by Jeff Zellet of PICOR. Rick Borane of Volk Company represented Yoshimatsu LLC. [mepr-show rules=”58038″]Asking lease rate: $14.00 SF/YR NNN; Tenant Phone: 520.320.1574[/mepr-show]