SAHUARITA, ARIZONA – Richmond American Homes recently bought 71 finished lots at Entrada La Villita, the newest community in Rancho Sahuarita Master-Planned Community, for $3.266 million ($46,000 per lot) from Rancho Sahuarita VIII, an affiliate of Sharpe & Associates (Robert Sharpe, president).

Ted Herman with Sharpe & Associates, who represented the seller in the transaction told us the decision to finish these 40’x 90’ lots in this new subdivision began about one year ago.

“We were waiting for retail to catch up with price point appreciation,” Herman said. “That seems to be happening now, and the outlook for new home builders looks great again. Rancho Sahuarita is also finishing another 165-lots which are already in escrow with two homebuilders.”  Entrada Del Rio has the potential for 560-lots to be finished, planned in six-phases.

Richmond’s long relationship with Rancho Sahuarita began in 2001 with the Presidio Del Sol neighborhood, before moving north into Presidio San Xavier, Presidio Coronado and Presidio Del Norte, which closed out last year.

“We’re delighted to be building in Rancho Sahuarita again,” said Michael J. Del Castillo, President of the Tucson Division of Richmond American Homes of Arizona, Inc. “In addition to all the wonderful amenities the community boasts, Entrada La Villita will feature four different two-story floorplans designed with homebuyers’ needs in mind.”

Rancho Sahuarita is located in the town of Sahuarita, Arizona, just 20 minutes south of downtown Tucson. Entrada La Villita is located southwest of the Rancho Sahuarita Clubhouse, near the intersection of La Villita Road and Sahuarita Road.

Other homebuilders currently active at Rancho Sahuarita include Insight Homes, D.R. Horton, KB Homes which will be closing out soon at Entrada Del Rio and now the return of Richmond American Homes.

For more information, Herman should be reached at 520.299.8766. To get updates about Entrada La Villita and to sign up for the neighborhood interest list, please visit www.RanchoSahuarita.com/LaVillita.

To learn more, see RED Comp #5396.

SAHUARITA, Arizona – The real estate market in Arizona is returning to healthy levels, and being echoed in Rancho Sahuarita master planned community; not just in terms of home sales and new home development, but also with regards to new retail and commercial offerings in the master plan.

“The Corner” in Rancho Sahuarita has the second gasoline provider coming to the community and there are several major new subdivision projects that kicked off recently for the next two neighborhoods: Entrada del Rio and Entrada la Villita.

Entrada La Villita is Spanish for “small town”, La Villita is comprised of 71 homesites and is located southwest of the Rancho Sahuarita Clubhouse, which is the center of activity in the community. With its countless events, classes and opportunities for residents to come together and connect in Rancho Sahuarita.

The new neighborhood is also close to Sahuarita Road, making access to things like the Rancho Sahuarita Marketplace and the Sahuarita Town Center easy expected to open this Fall.

The second new neighborhood at Entrada Del Rio reflects the beauty and magic of its namesake; the river. Residents will find enjoyment and fun flowing through the nearby Parque Del Rio neighborhood amenity, complete with its own pool, spa, playground, sport courts and more. It’s also close to linear parks, the famous Safari Trail, and Butterfly Garden. Plus, Rancho Sahuarita’s two newest amenities, the Flamingo Splash Pad and Armed Forces Tribute, are literally in its back yard.

The 498-lots at Entrada Del Rio is planned to open in the Spring of 2018, with multiple builders anticipated throughout the neighborhood’s many phases.

On the commercial side, back in February of this year Rancho Sahuarita XX LLC closed on the sale of a commercial pad to Fry’s Food Stores, which has resulted in the construction of a Fry’s gas canopy at “The Corner” in Rancho Sahuarita. The new canopy is the second gasoline provider in the community, which already has an existing Shell station onsite.

The commercial pad is one of six total at “The Corner” site. Rancho Sahuarita is actively talking to multiple groups about locating to any of the five remaining pads, and plans to announce additional new offerings are expected in the next few months.

Ted Herman with Sharpe & Associates, along with Dave Hammack and Brenna Lacey of Volk Company in Tucson are handling the additional pad sales.

Herman can be reached at 520.299.8766 while Hammack and Lacey can be contacted at 520.326.3200.

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,

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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.