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Tenants Buying Properties

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2013 Q2 Sales Archive
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June 1, 2013
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Karen Schutte
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Riley's Irish Tavern
Riley's Irish Tavern

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Riley’s Irish Tavern
Riley’s Irish Tavern at 5140 N La Cholla Blvd in Tucson sold to its tenant, Joseph Macuszonok and Diane Riley of Tucson for[mepr-show rules="58038"]$390,000 ($108 PSF). The seller, NITA Ruth’s, LLC of Tucson (Neill Freeman III) was unable to be reached. The buyers will continue to occupy it as an owner user dba Riley’s Irish Tavern.

Riley’s is on a 1.44 acre lot offers a European road house type atmosphere complete with horseshoe pits. The new owners operated the business as tenants prior to the sale. The property has been a restaurant / tavern for a very long time. We were unable to determine, the length of time the buyers operated it as tenants.

To contact Riley’s Irish Tavern, call (520) 408-0507.

 

Marana Feed Supply
Marana Feed Supply

Marana Feed Supply
Marana Feed Supply at 9643 N Casa Grande Highway in Marana, in the Northwest submarket of Tucson sold to its tenant, Alphonse and Teressa Chicago of Marana for $250,000 ($177 PSF). The seller was the Jimmy and Linda Galyan Family Trust. The business had been owned and operated by the buyer prior to sale and will continue to be occupied dba Marana Feed Supply.

The 1,410 sq. ft. metal building is on a 1.02 acre fenced lot with outside structures and located on the west side of Casa Grande Hwy north of Linda Vista.

Marana Feed Supply is at (520) 744-6147.

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5140 N La Cholla Blvd - Sale date was 5/13/2013 with $40,000 down.
9643 N Casa Grande Hwy – Sale date was 4/5/2013 with zero down.[/mepr-show]

 

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