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Arizona Auto Spa is a Tucson-based company founded in 2008. Through its extensive research, it is proud to be the first to bring the latest in cost-saving, automated car wash technology to Tucson.

The company currently owns and operates three other locations using this technology: 3150 E Grant Road at Country Club & Grant, 1435 W River Rd at River & La Cholla Blvd. and 6301 E 22nd Street at Wilmot and 22nd Street. A fourth location owned by the company was purchased operational and is a different type of car wash.

Its latest acquisition at 5075 S Midvale Park Road in Tucson is 1.33 acres of vacant land, located at the southeast corner of Midvale Park and Irvington, next to a Dollar General store. This site will be used to construct its fifth Auto Spa location in Tucson. The property was bank owned by City Bank of Texas when it sold[mepr-show rules=”58038″]in an REO sale for $375,000 ($6.50 PSF) to Doover Management, LLC of Tucson. After 9-months in escrow, the property was successfully rezoned from C-1 to C-2 for this specific auto-use.

In a subsequent in-house transaction, the property transferred from Doover Management to SNS Investments of Ackron, OH for $452,000 as a joint venture.

We were told the new Auto Spa at Midvale Park and Irvington would be similar to the one at 22nd and Wilmot, which is a 3,840 sq. ft. building, built in 2010, on approximately 1.3 acres.

The company is always hiring. Applications can be found on its website at: https://www.arizonaautospa.com/employment/

Rob Tomlinson, Retail Specialist with Cushman & Wakefield / Picor Commercial Real Estate Services in Tucson represented the bank in these transactions. The buyer was self-represented.

Tomlinson can be reached at (520) 546-2757.[/mepr-show]

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[ismember] The REO sale from City Bank of Texas to Doover Management sold on 4/30/203 for $375,000 in document #2013-1200920. It was this transaction that was in escrow for 9 months for rezoning. In a subsequent document #2013-1700750, Doover transferred property to SNS Investments of Ackron, OH for $452,000 on 6/19/2013 in an all cash transaction. Nathan Lawson (520) 247-4868, representing Arizona Auto Spa, asked not to use his name in the story.[/ismember]

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The 100,100-square-feet American Tire Distributors building at 6720 S Alvernon Way in Tucson sold to Florida-based Abraham Enterprises’ affiliate ARA Tucson for[mepr-show rules=”58038″]$9 million ($90 PSF) from Exeter Property Group of Plymouth Meeting, PA (Warren Bryer, principal).

Brookwood Capital Partners (Joe McSweeney, principal) purchased the vacant 8.25 acre parcel in August 2012 and transferred it to Exeter 6720 S Alvernon, LLC for $1.06 million in a double escrow. Located at the southwest corner of Valencia and Alvernon Way, the property was build-to-suit by BC Construction Group of North Carolina and move-in ready for American Tire in December 2012.

Property highlights include 28-foot clear ceiling height, 60-foot speed bay, T5 High Bay lights with motion sensors, ESFR fire protection systems, (17) dock positions with multiple dock heights, ability to sell direct to clients on-site, and a 4,000 sq. ft. office build out.

Privately-held, American Tire Distributors is one of the largest independent suppliers of tires to the replacement tire market.  It operates 123 distribution centers, including 15 distribution centers in Canada, serving approximately 70,000 customers across the U.S. and Canada.  The company offers an unsurpassed breadth and depth of inventory, frequent delivery and value-added services to tire and automotive service customers.  American Tire Distributors employs approximately 3,500 employees across its distribution center network, including approximately 200 employees in Canada. In fiscal year 2012 sales were over $3.4 billion, it serves approximately 70,000 customers through a network of distribution centers throughout the United States and Canada.

The new distribution center in Tucson currently employs  16 people, with plans to expand to approximately 30 employees when reaching full distribution capacity. It was designed to service retailers throughout Arizona, New Mexico, and California in conjunction with the company’s other location in Phoenix.

American Tire Distributors can be reached at (800) 366-2243. Bryer can be contacted at (305) 665-2222. McSweeney is at (610) 828-3200. BC Construction can be contacted at (810) 225-2001.[/mepr-show]

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Alexandra Siegal of Colorado purchased the Southwest Professional Plaza at 2122 – 2224 N Craycoft Road in Tucson for[mepr-show rules=”58038″]$2.2 million ($84 PSF) from 2222 Craycroft, LLC of Tucson (Eddy Chernecki, managing member). The 26,258 sq. ft. in six buildings were constructed from 1967 to 1972 and sold 86% occupied with softer medical tenants.

According to public records, tenants included Standard Insurance & Realty, Immune Recovery & Wellness, Patient Care Advocates, New Path Natural Healing, Providers Direct, Nails Naturally by Joyce, Personaleyes Prosthetics, Better Bodies PT, Arizona Naturopathic Physicians, IBC Business Solutions, La Frontera Arizona, Presidio Counseling, and Southwest Ambulance or Tucson as well as professional practices such as Dr. Richard Stag, DDS, Dr. Ross Burton, DDS and David Hancock, DC.

The property was in good condition when it sold with recently completed tenant improvements.

Jon O’Shea of Vast Commercial Real Estate in Tucson represented the seller. Loui Antonucci of Keller Williams in Steamboat Springs, CO represented the investor.

Vast Commercial Real Estate has been retained for property management and leasing by the new owner.

O’Shea should be contacted at (520) 780-4743. Antonucci can be reached at (970) 871-1960.[/mepr-show]

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[ismember]Market time for sale was 2 months with a 70-day closing. Seller reported property sold with no deferred maintenance. Property sold with a GSI of $380,741 and NOI of $200,000 and sold at a 9% cap rate. Average lease rate was $14.50 / SF / MG. [/ismember]