TUCSON, Arizona – The now open, the new Native Grill & Wings at Steam Pump Village, 11107 N Oracle Road in Oro Valley, sold in an investment sale for $3.34 million ($673 PSF) to local investors, Andy and Marilyn Bowden.

The 4,962-square-foot Native Grill & Wings restaurant celebrated its grand opening on Monday, June 5^th and sold June 20^th in a triple net investment.  This was an all-cash deal and the buyers’ upleg in a 1031 exchange.

The restaurant marks the Arizona chain’s first Oro Valley location and its 5th restaurant in the metro Tucson region. The chain prides itself in using only quality ingredients, which sets it apart from a typical ‘sports grill,’ and has as its primary goal to provide a welcoming environment for the whole family. Native, as the regulars call it, is known for offering more than 20 wing flavors that customers can order by the wing. The restaurant also offers pizza, burgers, sandwiches, salads and more.

Steam Pump Native Development, the seller, purchased the 58,072-square-foot pad in October for construction of Native together with an adjoining pad for Freddy’s Custard & Steakburgers’ restaurant.

Roger Breckenridge with Long Realty Tucson represented the seller and Tom Hoch with Park Properties and Investment of Tucson represented the investor.

For additional information, Breckenridge should be reached at 520.577-7400 while Hoch can be contacted at 520.400.0898.

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[mepr-show rules=”58038″]Sale date: 6/20/2017; document #2017-1710101. Sale price: $3,339,130. Property sold with an NOI of $192,000 with 15-year term and 5.75% cap rate.[/mepr-show]

The following commercial leases were reported to the Real Estate Daily News for the Tucson and Phoenix Commercial Lease Report from April 24 thru 28, 2017.

INDUSTRIAL – 6630 S. MEMORIAL PLACE, TUCSON
Wal-Mart Stores East, LP leased 45,000-square-feet of industrial space at 6630 S. Memorial Place in Century Park. Carol Taubman of Westgate Properties represented the tenant. John Slattery, Bill DiVito and Jesse Blum of CBRE represented the landlord, Levin Family LP, in the transaction.

INDUSTRIAL – 1661 S. RESEARCH LOOP, TUCSON
Optical Support, Inc. leased 18,975-square-feet of industrial space from Tin Cup Properties, LLC.  Optical Support is an engineering services company specializing in design and manufacturing of precision optical instruments and equipment.  It is located in Tucson at 1661 S. Research Loop, Suites 104, 105, 106; and 1671 S. Research Loop, Suite 139.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.[mepr-show rules=”58038″] Asking lease rate: $0.60 SF/MO Modified Gross; Tenant Phone: 520.546.0642[/mepr-show]

INDUSTRIAL – 5213 W LAMAR RD., GLENDALE, AZ
Done Right Diesel, LLC leased 12,365-square-feet of industrial space on 1.70 acres from Tin Cup Properties, LLC.  The property is located in Glendale, Arizona, at 5213 W. Lamar Road, Suites 104-106.  Ron Zimmerman, Cushman & Wakefield | PICOR Commercial Specialist, represented the landlord in this transaction.

INDUSTRIAL – 1101 E. 18^th ST., TUCSON
Crop Production Services, Inc. leased an 11,300-square-feet warehouse/office building at 1101 E. 18^th Street from Foothills Business Ventures, LLC.  Gary Emerson of GRE Partners, LLC represented the Landlord and Roger Breckenridge of Long Realty represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.293.4330[/mepr-show]

INDUSTRIAL – 2200 E. BENSON HWY., TUCSON
American Technologies, Inc leased 5,700-square-feet of industrial space at 2200 E. Benson Highway. ATI is the nation’s largest family owned full-service restoration, environmental and reconstruction contractor. Tim Healy, Bob DeLaney, and William Bayless of CBRE represented the tenant. David Gallagher of Tucson Industrial Realty represented the landlord, Poets Corner, LLC, in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.807.9400[/mepr-show]

INDUSTRIAL – 3951 E. MICHIGAN ST., TUCSON
R.S. Hughes Company, Inc. leased 4,536-square-feet of industrial space at 3951 E. Michigan Street in the Copper Pointe Business Park. Paula Osborn of Jackson & Cooksey, Inc represented the tenant. Tim Healy and Bob DeLaney of CBRE represented the landlord, Copper Pointe Business Park, LLC, in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.889.8686[/mepr-show]

INDUSTRIAL – 2901 E. ELVIRA RD., TUCSON
Solarcity Corporation leased 4,000-square-feet of industrial space at 2901 East Elvira Road in the Tucson Airport Center. John Grady, Jacquelain Orcutt and Carlena Grabher of CBRE Phoenix represented the tenant. Bill DiVito and Jesse Blum of CBRE Tucson represented the landlord, H and A Realty, LLC, in the transaction. [mepr-show rules=”58038″]Asking lease rate: $0.50 SF/MO NNN; Tenant Phone: 520.730.0740[/mepr-show]

RETAIL – 7950 E. BROADWAY BLVD., TUCSON
Jeffery Saunders, dba AZ Beds leased 3,196-square-feet at 7950 East Broadway Boulevard, Tucson. Other tenants in the center include Wingstop, Papa Loco’s, and Sports Buzz. This will be the third location for Arizona Mattress in Tucson. Brenna Lacey and Jeramy Price of Volk Company handled the transaction.

INDUSTRIAL – 1010 E. PALMDALE ST., TUCSON
Proactive Physical Therapy leased 3,040-square-feet of clinic space at 1010 E. Palmdale Street in Tucson. Jeff Casper of CBRE represented the tenant. Gary Emerson of GRE Partners represented the landlord, Foothills Business Ventures, LLC, in the transaction.

RETAIL – 5151 S. COUNTRY CLUB RD., TUCSON
Robert E. Scott and Sally E Scott, dba BBQ Rush, leased 3,000-square-feet at Tucson Lazy Days KOA, located at 5151 South Country Club Road. The Scotts, longtime food truck operators, will be offering their Texas-style barbecue to both visiting campers and to the general public. The landlord was Kampgrounds of America, Inc.  Kevin Volk of Volk Company represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.841.4527[/mepr-show]

OFFICE – 1 SOUTH CHURCH AVE., TUCSON
Doug Newborn Law Firm, PLLC leased 1,762-square-feet of office space at 1 South Church Avenue. Jeff Casper of CBRE represented the landlord, 1 SC Partners, LLC, in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.448.5080[/mepr-show]

RETAIL – 2480 N. SILVERBELL RD., TUCSON
Dave’s Uniforms, Tucson LLC leased 1,427-square-feet at 2480 North Silverbell Road, Suite 100, Tucson. The space is located within Silverbell Plaza at the northeast corner of Grant and Silverbell. The shopping center is anchored by Safeway and Walgreens. Dave Hammack of Volk Company represented the landlord, Massapequa Associates LLC.

OFFICE – 100 N. STONE AVE., TUCSON
Broadstone, LTD leased 1,357-square-feet of office space at 100 N. Stone Avenue in the Pioneer Building. Bruce Suppes of CBRE represented both the tenant and the landlord, Holualoa Pioneer, LLC, in the transaction. [mepr-show rules=”58038″]Asking lease rate: $18.00 SF/YR Full Service[/mepr-show]

RETAIL – 1801 S. ALVERNON WAY., TUCSON 
Diaz Fit, LLC leased 1,200-square-feet at 1801 S. Alvernon Way, Suite 102 in Tucson, from Presson Midpoint, LLC.  Rob Glaser, SIOR CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.65 SF/MO Modified Gross[/mepr-show]

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON
Sterling Enterprises leased 1,200-square-feet in Midway Business Park, 4500 E. Speedway Blvd., Suite 51 in Tucson, from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Gary Andros with Andros Properties represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $0.76 – $0.80 SF/MO Modified Gross[/mepr-show]

RETAIL – NW CORNER of ORANGE GROVE RD. and THORNYDALE RD., TUCSON
Old Pueblo Vapor has leased a 1,200-square-feet space at Northwest Design Center, located just north of the northwest corner of Orange Grove Road and Thornydale Road. The Premises will be used as store specializing in the sale and onsite use of electronic cigarettes and related equipment services. They are scheduled to open for business June 2017. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Greg Boccardo, of Boccardo Realty, represented the Tenant. [mepr-show rules=”58038″]Tenant Phone: 520.881.0169[/mepr-show]

RETAIL – 3819 N. ORACLE RD., TUCSON
Express Interlock, LLC, dba QuickStart Ignition Interlock, leased 1,000-square-feet at 3819 N. Oracle Rd. in Tucson, from Tesoro Enterprises, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Gary Emerson with GRE Partners, LLC represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 480.967.2817[/mepr-show]

RETAIL – 3819 N ORACLE RD., TUCSON
Quickstart Ignition Interlock leased 1,000-square-feet at 3819 N. Oracle Road in Oracle Tower business center from Tesoro Enterprises, LLC. Gary Emerson of GRE Partners, LLC represented the Landlord and Ron Zimmerman of Picor/Cushman Wakefield represented the tenant. [mepr-show rules=”58038″]Tenant Phone:480.967.2817[/mepr-show]

RETAIL – 1517 W. ST. MARY’S RD., TUCSON
Bhruvikar, LLC leased 975-square-feet at 1517 West St. Mary’s Road, Tucson. Bhruvikar, plans to open Shapes Eyebrow Threading.  St. Mary’s Plaza is located at the southeast corner of Saint Mary’s Road and Silverbell Road. Dave Hammack and Rick Borane of Volk Company represented Tucson St. Mary’s Plaza, LLC.

RETAIL – 1511 W. ST. MARY’S RD., TUCSON
My Peak Wireless, LLC leased 975-square-feet at 1511 West St. Mary’s Road, Tucson.
St. Mary’s Plaza is located at the southeast corner of Saint Mary’s Road and Silverbell Road and is anchored by Safeway and Dollar Tree. Dave Hammack and Rick Borane of Volk Company represented Tucson St. Mary’s Plaza, LLC.

INDUSTRIAL – 3830 E. 44^th ST., TUCSON
Sean Montgomery and Manny Lavandera leased 750-square-feet at 3830 E. 44^th St., Suite 560 in Tucson, from RR44, Inc.   Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 7213 E. GOLF LINKS RD., TUCSON
Mohammad Qasim leased 556-square-feet at 7213 East Golf Links Road, Tucson. The space is located within Desert Square Shopping Center at the northeast corner of Golf Links and Kolb. The shopping center is anchored by 99¢ Only, AutoZone, and Walgreens. Jeramy Price and Dave Hammack of Volk Company represented the landlord, 26 Palms Delaware LLC and Sierra Industrial Park Delaware LLC.

RETAIL – SE CORNER of ORANGE GROVE RD. and THORNYDALE RD., TUCSON
Spiritschild has renewed their lease at Marana Marketplace, located on the SE corner of Orange Grove Rd. and Thornydale Rd. Andy Seleznov and Melissa Lal represented the Landlord. Larsen Baker handled the transaction.

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

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The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from October 31 thru November 4, 2016.

OFFICE – 5055 E BROADWAY BLVD., TUCSON
Community Partners leased 7,934-square-feet of office space at New World Plaza, 5055 E. Broadway Blvd. CBRE’s David Montijo and Damian Wilkinson represented the landlord. David Volk also with CBRE represented the tenant.

OFFICE – 555 E RIVER RD., TUCSON
Engineering and Environmental Consultants leased 7,477-square-feet of office space at 555 E. River Road. Bruce Suppes and Dave Volk with CBRE represented the landlord. Tom Nieman with Cushman & Wakefield | PICOR represented the tenant.

OFFICE – 3025 W. INA RD., TUCSON
National Mentor Healthcare, LLC has leased 4,803-square-feet at 3025 W. Ina Road, in the Ina Corporate Park from 3025 W Ina, LLC.  Ruth Krier of Mohr Partners, Inc. in Dallas, TX represented the Tenant and Andrew D. Sternberg and Douglas E. Marsh of Oxford Realty Advisors represented the Landlord in the transaction.

RETAIL – 3525 N. CAMPBELL AVE., TUCSON
Fit For Life Personal Training leased 4,540-square-feet of retail space at 3525 N. Campbell Ave. in Tucson, from Loma Catalina Company, LLC.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR NNN[/mepr-show]

RETAIL – 8800 E TANQUE VERDE, TUCSON
Eat Drink Jackson leased 4,406-square-feet of retail space for a new restaurant at The Shoppes at Bears Path, located at 8800 E. Tanque Verde. Michael Laatsch with CBRE represented the tenant. The landlord was represented by Dave Dutson with NAI Horizon.

OFFICE – 1664 S RESEARCH LOOP, TUCSON
Blackrock Brewers leased 3,760-square-feet of space at 1664 S. Research Loop. Pete Villaescusa and Jesse Peron with CBRE represented the tenant. Rob Glaser and Sarah Rushing with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 6902 N. CAMINO MARTIN, MARANA
Casitas A Footwear Company, Inc. leased 3,000-square-feet in Old West Business Park, located at 6902 N. Camino Martin, Suite 120 in Marana, AZ., from Acorn Ventures, LLC.  Casitas specializes in the importation and distribution of European footwear brands (mainly from Spain and the Mediterranean) to independent shoe stores, full service department stores and experience-driven e-commerce sites.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord.  The team of Kelly Fickle, Russell W. Hall, SIOR, GSCS, and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.572.4005[/mepr-show]

OFFICE – 4600 PARK AVE., TUCSON
St. Joseph’s Hospital leased a 2,498-square-feet medical clinic at 4600 Park Avenue. David Montijo and Damian Wilkinson represented the tenant. Isaac Figueroa and Rob Glaser with Cushman & Wakefield | PICOR with represented the landlord.

OFFICE – 2830 N SWAN RD., TUCSON
Skyline Financial Corp. leased 2,280-square-feet of office space at 2830 N. Swan Road. Jeff Casper with CBRE represented the landlord. The tenant was represented by Doug Marsh with Oxford Realty, and Taylor Wood with Cresa.

OFFICE – 7787 E BROADWAY BLVD., TUCSON
Goldberg and Osborne has leased 1,231-square-feet at Broadway Plaza, 7787 E. Broadway Blvd. Pete Villaescusa and Jesse Peron with CBRE represented the tenant. Kevin Heglin with Phillips Edison represented the landlord.

RETAIL – MARANA MARKETPLACE, MARANA
Smoothie King leased 1,200 sq. ft. of retail space at Marana Marketplace. This will be their first store in the market. Michael Laatsch with CBRE represented the tenant and Chad Russell with Land Advisors Organization represented the Landlord.

RETAIL – 4700 E. SUNRISE DR., TUCSON
Supercuts, Inc., which occupies 1,123-square-feet at Sunrise Village Shopping Center renewed their lease. Sunrise Village is located at the southeast corner of Sunrise and Swan and is anchored by Safeway and CVS. John Yarborough of Romano Real Estate represented the tenant. David Hammack of Volk Company represented the landlord, Sunrise Village Investors, LLC,.

OFFICE – 5920 E. PIMA ST., TUCSON
West Rim Financial, Inc., dba First Command Financial Planning, leased 723-square-feet of office space at 5920 E. Pima St., Suite 130 in Tucson, from 5930 E. Pima, Inc.  Jeff Zellet and Pat Welchert, SIOR, with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Chris Itule and Roger Breckenridge with Long Realty Company, represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $14.00 -$16.00 SF/YR Modified Gross[/mepr-show]

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