TUCSON, ARIZONA – Diaz Management, Inc. of Tucson (Paul Diaz, CEO) purchased an 11,339-sqaure-foot flex industrial building at 4955 N Shamrock Place in the Shamrock Center in Tucson. The office / manufacturing property was purchased from Kash Property Management of Tucson (Daryl Ross, director) for $1.375 million ($121 PSF).
Built in 2002 on 1.25 acres, the building is configured as office space with a 1,200-square-foot air-conditioned warehouse. Employees and visitors are able to enjoy the mountain views from inside the building as well as outdoor meeting areas and a 2nd floor balcony, making it a perfect corporate office. Additionally, the property is adjacent to the Rillito River Park with easy access for a walk, run or bike ride. Amenities include 2 restrooms with showers.
The buyer owns 14 McDonald’s franchises in metro Tucson and plans to relocate to make the property its corporate office. The current office at 6422 E Speedway Blvd. is also on the market for sale or for lease by Irvin.
Mark Irvin, CCIM, SIOR, of Mark Irvin Commercial Real Estate represented the buyer. “The property is a great fit for the buyer,” said Irvin. “Located less than a 30-minute drive to all their stores.”
Rob Glaser, SIOR, CCIM and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | Picor represented the seller.
For more information, Irvin can be reached at 520.620.1833. Glaser is at 520.546.2707 and Hooker can be contacted at 520.546.2704.
To learn more, see RED Comp #8697.