TUCSON, ARIZONA, (December 16, 2024) -- This week, we highlight three new ground leases in Tucson for industrial and retail use, handled by Paul Hooker, Dave Hammack, and Aaron LaPrise of Cushman & Wakefield | PICOR, and Ajay Madhvani, MAI, of AM Valuation Services and Marcela Fuentes of Casas Real Estate Rentals.
The following leases were reported to Real Estate Daily News from December 9- 13, 2024.
GROUND LEASE – 2630 E GINTER RD., TUCSON, 85706 - South Submarket
Telecon Design (USA) Inc. leased 1.81 acres of industrial land from Halter Holdings LLC at 2630 E. Ginter Rd. in Tucson. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.
GROUND LEASE – SILVERADO PLAZA, 5 S HOUGHTON RD, TUCSON, 85748 - East Submarket
Mister Car Wash leased 1.02 acres of land at Silverado Plaza, 5 S. Houghton Rd. in Tucson, from LLC-Houghton/Broadway, LLC. Retail Specialists with Cushman & Wakefield | PICOR handled this transaction. Dave Hammack, Principal, represented the landlord, and Aaron LaPrise, Principal, represented the tenant. This location will open in 2025 and will be Mister’s second location serving the Houghton corridor.
GROUND LEASE - 1679 N. HALRON CT., TUCSON, AZ 85705 - Central Submarket
Keystone Masonry leased the 22,000-square-foot (.5 acre) ground lease at 1679 N Halron Court to Keystone Masonry. A fully fenced and graveled yard with two gates and water, near I-10, Speedway Boulevard and Grant Road will be used for a contractor’s yard. Ajay Madhvani, MAI, of AM Valuation Services, PLLC, was self-represented, and Marcela Fuentes of Casas Real Estate Rentals represented the tenant.
RETAIL – 5975 E BROADWAY BLVD., TUCSON, 85711 - East Submarket
D-BAT Baseball & Softball Academy leased 18,400 square feet of retail space at 5975 E. Broadway Blvd., in Tucson, from AC Tucson Retail, LLC. Aaron LaPrise, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Roy Drachman with Roy Drachman Realty Co. represented the tenant. This location will open in early 2025 and be D-BAT’s second Tucson location.
INDUSTRIAL – 5450 S ARCADIA, TUCSON, 85706 - South Submarket
JackRabbit Fabrication leased 4,000 square feet of office/warehouse space at 5450 S Arcadia from DBR Investments. Max Fisher, BRD Realty, handled this transaction.
INDUSTRIAL – DODGE BUSINESS CENTER, TUCSON, 85713 - South Submarket
Christopher Douglas, dba D&C Collision, leased 2,400 square feet of industrial space at South Dodge Business Center, 3220 S. Dodge Blvd., Suites 8-9 in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
OFFICE – GREEN VALLEY MEDICAL MALL, GREEN VALLEY, 85614 - South Submarket
Oasis Dermatology, PC leased 1,633 square feet of office space at Green Valley Medical Mall, 1055 N. La Canada Dr., Suite 131 in Green Valley, from NWI GREEN VALLEY MOB LP. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.
INDUSTRIAL – 3839 N ORACLE RD., TUCSON, 85705 - Central Submarket
Tucson Garage leased 1,400 square feet of office/warehouse at 3839 N Oracle from Tesoro Enterprises. Max Fisher, BRD Realty handled this transaction.
INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, TUCSON, 85713 - South Submarket
Aptive Environmental, LLC leased 1,400 square feet of industrial space at South Dodge Business Center, 3240 S. Dodge Blvd., Suite 4 in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
OFFICE – SKYLINE ESPLANADE, TUCSON, 85718 - Northeast Submarket
Mariner Wealth Advisors, LLC leased 1,286 square feet of Class A office space at Skyline Esplanade located at 1715 E Skyline Dr, Ste 131. Grace Robinson of JLL represented the tenant and Christopher Itule of DSW Commercial Real Estate represented the Landlord.
INDUSTRIAL – MIDWAY BUSINESS PARK, TUCSON, 85712 - Northeast Submarket
Meziab International LLC leased 1,200 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 53 in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
INDUSTRIAL – MIDWAY BUSINESS PARK, TUCSON, 85712 - Northeast Submarket
Angela Anderson Photography, LLC leased 1,200 square feet of industrial space at Midway Business Park (Suites 56-70), 4500 E. Speedway Blvd., Suite 65 in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
INDUSTRIAL – TOWN CENTRAL BUSINESS PARK, TUCSON, 85711 - East Submarket
Marqui Jacob Hasani Anderson leased 1,000 square feet of industrial space at Town Central Business Park, 4901-5069 E. 29th Street, Suite 5013 E. 29th St. in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
RETAIL – 7850 N SILVERBELL RD., TUCSON, 85743 - Northwest Submarket
Soulful Expressions Massage & Bodywork leased 960 square feet at Continental Ranch Plaza, 7850 N. Silverbell Rd., Suite 184 in Marana, from Cortaro Continental LLC. Natalie Furrier and Greg Furrier, with Cushman & Wakefield | PICOR, represented the landlord.
RENEWALS
RETAIL – SUNRISE VILLAGE SHOPPING CENTER, TUCSON, 85718 - Northeast Submarket
The Golden Dragon Restaurant renewed its lease with Sunrise Village Investors, LLC, for 1,843 square feet of retail space at Sunrise Village Shopping Center, 4704 E. Sunrise Dr., in Tucson. Dave Hammack, Principal and retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.
INDUSTRIAL – MIDWAY BUSINESS PARK, TUCSON, 85712 - Northeast Submarket
Lesley Meraz and Steven Bacchui, dba Turquesa Art & Beauty Studio renewed its lease with Pegasus Tucson Owner, LLC for 1,620 square feet of industrial space, at Midway Business Park (Suites 71-88), 4500 E. Speedway Blvd., Suite 87 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
INDUSTRIAL – EXCHANGE PLACE, TUCSON, 85705 - Central Submarket
Wybridge Technologies, Inc. renewed their lease with Pegasus Tucson Owner, LLC for 1,440 square feet of industrial space, at Exchange Place, 1870 W. Prince Rd., Suites 10 and 41 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
OFFICE – INA CORPORATE CENTER, TUCSON, 85741 - Northwest Submarket
In-N-Out Burgers renewed its lease with CALDOR Investments of Arizona, LLC, for 648 square feet of office space at Ina Corporate Center, 3275 W. Ina Rd., Suite 219, in Tucson. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.
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