The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from Aug. 13 thru 17, 2018.
RETAIL – 5355 E BROADWAY BLVD., TUCSON
Spirit Halloween Superstores signed a seasonal lease with SDR Associates, LLP for a 45,219-square-foot retail space located in the Toys R Us space, 5355 East Broadway Boulevard. Nancy McClure of CBRE’s Tucson Office represented the landlord.
MEDICAL OFFICE – 1055 N LA CANADA DR., STE 123, GREEN VALLEY
Orthomed, LLC, DBA Proactive Physical Therapy leased 3,744-square-feet of clinic space from Healthcare Realty Services, Inc. The office is located at the Green Valley Medical Mall, 1055 North La Canada Drive, Suite 123. Jeff Casper of CBRE’s Tucson Office represented the tenant and Tom Nieman of Cushman & Wakefield | PICOR represented the landlord.
OFFICE – 1670 N. COUNTRY CLUB RD., TUCSON Kids of the King Tutoring Services, has leased 917-sqaure-feet at 1670 N. Country Club Road, from Beaman James R & Colleen K JT/RS. Cameron Casey of Oxford Realty Advisors handled the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.396.3633[/mepr-show]
OFFICE – 4400 E. BROADWAY BLVD., TUCSON VinoPRO, LLC, leased approximately 559-square-feet of office space located at 4400 E. Broadway Blvd., Suite 411, Tucson, Arizona, from 4400 Broadway, LLC. Michael Gross of Tucson Realty & Trust Co. represented the Landlord and Theresa Amos of Tucson Realty & Trust Co. Management Services, LLC, represented the Tenant in the transaction. [mepr-show rules=”58038″]Asking lease rate: $19.50 SF/YR Full Service/Gross[/mepr-show]
The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from July 16 thru 20, 2018.
INDUSTRIAL – 6161 S. PALO VERDE, TUCSON Carroll’s, LLC, dba Big O Tires, leased 64,744-square-feet at 6161 S. Palo Verde Rd., Suite 100 in Tucson, with Colflin Cobalt I-II Owner, LLC. Principals, Rob Glaser, SIOR, CCIM, and Brandon Rodgers, CCIM, with Cushman & Wakefield | PICOR, represented the landlord; Tom Louer with Lee & Associates, represented the tenant.
INDUSTRIAL – 2045 N. FORBES BLVD., TUCSON Kuumba Made, Inc. leased 14,800-square-feet in Broadbent Industrial Center, 2045 N. Forbes Blvd., Suites 102A – 104 in Tucson, from Forbes Tucson, LLC. Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord; David Volk with CBRE, represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.881.5550[/mepr-show]
INDUSTRIAL – 3450 S. BROADMONT DR., TUCSON Traxda, LLC leased 9,340-square-feet at 3450 S. Broadmont Dr., Suite 128 in Tucson, from Tin Cup Properties, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.32 – $7.80 SF/YR Modified Gross; Tenant Phone: 520.623.1663[/mepr-show]
OFFICE – 4279 S. SANTA RITA AVE., TUCSON Adrian and Lizet A. Lopez leased 4,700-square-feet at 4279 S. Santa Rita Ave. in Tucson, from 4275 Santa Rita, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant; Kevin Volk with Volk Company represented the landlord.
INDUSTRIAL – 1131 W. GRANT RD., TUCSON Monster Signs, LLC renewed their lease for 4,560-square-feet in Grant Interstate Commons, 1131 W. Grant Road, Suite 121 in Tucson, from the Sloat Family Partnership, LLLP. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.790.6400[/mepr-show]
OFFICE – 1661 W. GRANT RD., TUCSON MBI Industrial Medicine, Inc. leased 4,500-square-feet at 1661 W. Grant Rd. in Tucson, from Romo Enterprises Limited Partnership. Max Fisher, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.807.1060[/mepr-show]
INDUSTRIAL – 3450 S. BROADMONT DR., TUCSON Southwest Solutions AZ, Inc. leased 4,000-square-feet at 3450 S. Broadmont Dr., Suite 110 in Tucson, from Tin Cup Properties, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord; Roxanne Harding, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $7.32 – $7.80 SF/YR Modified Gross; Tenant Phone: 520.207.1900[/mepr-show]
OFFICE – 1521 E. TANGERINE RD., TUCSON Desert Sky Spine & Sports Medicine, PC leased 3,105-square-feet of office space on the Oro Valley Hospital campus, 1521 E. Tangerine Rd., Suite 201 in Oro Valley, from Windrose Tucson Properties, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord; Thomas Coury with Great American Financial Corporation, represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.229.2080[/mepr-show]
INDUSTRIAL – 3230 S. DODGE BLVD., TUCSON Sunland Home, LLC leased 2,409-square-feet in the South Dodge Business Center, 3230 S. Dodge Blvd., Suites 1-4 in Tucson, from Presson Corporation. Rob Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord; Frank Mercier, represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.885.4400[/mepr-show]
OFFICE – 9595 E. SPEEDWAY BLVD., TUCSON Peak Corrosion Control, Inc. leased 2,400-square-feet at 9595 E. Speedway Blvd. in Tucson, from Evans Insurance and Financial Services, LLC. Kelly Fickle, a member of the Cushman & Wakefield | PICOR, Russell W. Hall, SIOR, GSCS and Stephen D. Cohen team, represented the tenant; Gordon Wagner with NAI Horizon, represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.722.7484[/mepr-show]
INDUSTRIAL – 3220 S. DODGE BLVD., TUCSON Curb A Peel Property Maintenance, LLC leased 2,335-square-feet in the South Dodge Business Center, 3220 S. Dodge Blvd., Suite 2 in Tucson, from Presson Corporation. Rob Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.[mepr-show rules=”58038″] Tenant Phone: 520.647.6614[/mepr-show]
OFFICE – 2020 N. FORBES BLVD., TUCSON Joey Mada Jr, WSB-WFG leased 2,074-square-feet at 2020 N. Forbes Blvd., Suite 104 in Tucson, from Santo Tomas Partners, LLP. Brandon Rodgers, CCIM, and Ryan McGregor with Cushman & Wakefield | PICOR, represented the landlord; The team of Russell W. Hall, SIOR, GSCS, Stephen D. Cohen, and Kelly Fickle with Cushman & Wakefield | PICOR, represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $13.50 SF/YR Modified Gross[/mepr-show]
INDUSTRIAL – 1009 S. EUCLID AVE., TUCSON Cobra Tuc, LLC leased 2,040-square-feet at 1009 S. Euclid Ave. in Tucson, from Rich Rodgers South, Inc. Max Fisher, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.
OFFICE – 899 N. WILMOT RD., TUCSON Institute for Liver Health, LLC has leased 1,915-sqaure-feet at 899 N. Wilmot Road, Suites E4 & E5, from Holland Arizona Investments, LLC. Cameron Casey and Lori Casey of Oxford Realty Advisors handled the transaction. [mepr-show rules=”58038″]Asking lease rate: $17.00 – $20.00 SF/YR Full Service Net[/mepr-show]
RETAIL – 6021 N. ORACLE RD., TUCSON Co-Op Salon, LLC leased 1,707-square-feet at 6021 N. Oracle Rd., Suite 111 in Tucson, from PP Two, Inc. Dave Hammack, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord; Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $27.00 SF/YR NNN[/mepr-show]
OFFICE – 1605 -1611 N. WILMOT RD, TUCSON Atlantic Home Health Care leased 1,585-square-feet at the Dorado Park Offices located at 1605-1611 N. Wilmot, Tucson, AZ. Andrew Sternberg with NAI Horizon Tucson represented both parties in the transaction.
OFFICE – 4345 E. BROADWAY BLVD., TUCSON Emily Cadamagnai, State Farm Insurance, LLC has leased 1,535-square-feet at 4345 E. Broadway Blvd., Suite A, from 4345 E Broadway, LLC. Cameron Casey of Oxford Realty Advisors represented both Tenant and Landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $14.00 SF/YR NNN[/mepr-show]
RETAIL – 9136 E. VALENCIA RD., TUCSON Viva Coffee House, LLC, dba Viva Coffee House leased 1,461-square-feet at Rita Ranch Shopping Center located at 9136 E. Valencia Road. Dave Dutson with NAI Horizon Tucson represented the landlord in this transaction. Asking lease rate: $22.00 SF/YR NNN
INDUSTRIAL – 245 S. PLUMER AVE., TUCSON Rachas, Inc. leased 1,200-square-feet in Commerce Plaza, 245 S. Plumer Ave., Suite 24 in Tucson, from Plumer Partners, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.80 – $8.40 SF/YR Modified Gross[/mepr-show]
INDUSTRIAL – 245 S. PLUMER AVE., TUCSON Michael Myers leased 1,200-square-feet in Commerce Plaza, 245 S. Plumer Ave., Suite 31 in Tucson, from Plumer Partners, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.80 – $8.40 SF/YR Modified Gross[/mepr-show]
OFFICE – 7440 N. ORACLE RD., TUCSON Edward D. Jones & Co., LP leased 1,200-square-feet at 7440 N. Oracle Rd., Building 3 in Tucson, from Paul G. Hoffman and Eric A. Thomson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant; Juan Teran with Realty Executives, Tucson Elite represented the landlord.
RETAIL – 3553 S. 12th AVE., TUCSON CHAEG-IM Tae Kwon Do Academy, LLC leased 1,200-square-feet in Plaza Azteca at 3553 S. 12th Ave., Suite 155 in Tucson, from NAI Investments, LLC. Denisse Angulo-Badilla and Rob Tomlinson with Cushman & Wakefield | PICOR, handled this transaction.
RETAIL – 3020 W. VALENCIA RD., TUCSON Filthy Paws leased 1,170-square-feet in Manzanita Plaza at 3020 W. Valencia Rd., Suite 271 in Tucson, from Community Centers of America-Glendale, LLC. Dave Hammack, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
INDUSTRIAL – 3660 E. HARDY DR., TUCSON Revolution Field Strategies, LLC leased 1,060-square-feet at 3660 E. Hardy Dr. in Tucson, from Abeyta Family Properties. Max Fisher, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.
INDUSTRIAL – 3921 E. 29th ST., TUCSON Scott Post dba Farmers Insurance, leased 810-square-feet in Midpoint Business Plaza, located at 3921 E. 29th St., Suite 307 in Tucson, from Presson Midpoint, LLC. Industrial Specialists and Principals, Rob Glaser, SIOR, CCIM, Paul Hooker, with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
OFFICE – 4411 E. 5th ST., TUCSON Apex Applied Technology, Inc. leased 650-square-feet at 4411 E. 5th St., Suite F in Tucson, from Midtown Professional Center, LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $9.23 SF/YR Modified Gross; Tenant Phone: 520.395.7718[/mepr-show]
RETAIL – 918 W. IRVINGTON RD., TUCSON The Eyrie Brazilian Jiu-Jitsu, LLC expanded their leased space at Placita del Rio located at 918 W. Irvington Road, Tucson, AZ. Scott Soelter with NAI Horizon Tucson represented the landlord in the transaction. [mepr-show rules=”58038″]Asking lease rates: $14.00 – $15.00 SF/YR NNN[/mepr-show]
Multi-tenant Office Building at 17 W Wetmore in Tucson sold for $1.25 Million
TUCSON, Arizona – The multi-tenant office building at 17 West Wetmore in Tucson sold for $1.25 million ($58 PSF). A 21,473-square-foot 3- story building, built in 1984, has a total of 19,409-square-feet leaseable with approximately 7,375-square-feet (38%) occupied at time of sale.
The property was lender owned by Commercial Loan Investment III, LLC of New York when it sold in this REO sale. The investor is Coronado Tower, LLC of El Paso, Texas (Scott Walker and Land Gaddy, managers) that purchased it for upside potential.
Ground floor lobby showing elevator in photo.
Located across the street from Tucson Mall just off Oracle Road and a short distance to I-10 and downtown, it is an excellent location with lots of dining options close by. With lots of upside on new leases that are currently under market rates at full-service terms. Building has client parking in the front and covered parking for the tenants behind the building on 1.13 acres. The 3-story building is also elevator served.
Major tenants in the building at time of sale included Total Care Connections, Phyllis Conrad, CPA and the Dr. Kelli Ward for U.S. Senate campaign office.
Dan Smith with Arizona Elite Commercial in Gilbert represented the seller in the transactions and the buyer was self-represented.
Tom Nieman with Cushman & Wakefield | Picor of Tucson has been contracted to handled the leasing and the Picor Management the property management.
For more information, Smith can be reached at 480.907.7420 and for leasing information, Nieman should be contacted at 520.546.2728.
