Tucson Commercial Lease Report, June 3-7, 2024
TUCSON, ARIZONA (June 10, 2024) — This week, we highlight an 8,582-square-foot industrial lease at 534 N Stone Ave. in Tucson to Barrio Rentals. Stephen D. Cohen, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
The following leases were reported to Real Estate Daily News from June 3-7, 2024.
INDUSTRIAL – 534 N STONE AVE., TUCSON, 85705 – Central Submarket
RGS Ventures, LLC dba Barrio Rentals leased 8,582 square feet of industrial space at 534 N. Stone Ave. in Tucson from Roadside Bench, LLC. RGS Ventures operates Barrio Rentals, Tucson’s largest vacation home manager on Airbnb, which is locally owned and operated. Stephen D. Cohen, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
OFFICE – 1790 E RIVER RD., TUCSON, 85718 – Northeast Submarket
Balanced Aesthetics Tucson, LLC leased approximately 2,324 square feet of office space, located at 1790 E. River Rd., Suite 320, Tucson, AZ, from WCCP Copper Point, LLC, SOD Investments II, LLC, and PVP Cambric, LLC. Hank Amos of Tucson Realty & Trust Co. represented the Tenant, and Philip Skillings of NAI Horizon represented the Landlord in the transaction.
RETAIL – 1800 E BROADWAY BLVD., TUCSON, 85719 – Central Submarket
U.S. Coast Guard Recruiting Command leased 2,200 square feet of retail space at Marketplace On Broadway, 1800 E. Broadway Blvd., Suite 2 in Tucson from Broadway Tucson Investors, LLC. Rob Tomlinson and Greg Furrier, Principals, and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord. Natalie Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant.
RETAIL – SWC BROADWAY & Wilmot ROADS, TUCSON, 85711 – East Submarket
Starbucks Corporation leased a to-be-built 2,200-square-foot freestanding drive-through building at Wilmot Place, SWC Broadway Blvd. & Wilmot Rd. in Tucson, from DSW IREF. Starbucks joins Angie’s Lobster, which is under construction at the shopping center, and recently opened Sweet Tomatoes, and Dollar Tree. Additionally, a new anchor tenant is soon to be announced! Natalie Furrier, Greg Furrier, and Dave Hammack, with Cushman & Wakefield | PICOR, represented both parties.
OFFICE – 3275 W INA ROAD, TUCSON, 85741 – Northwest Submarket
Alexandria Lopez and Francisco Lopez, Love Everlasting Ministries dba The Answer: A Biblical Counseling Center renewed their lease with CALDOR Investments of Arizona, LLC for 2,146 square feet of office space at Ina Corporate Center, 3275 W. Ina Rd., Suite 215 in Tucson. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.
RETAIL – 32ND & Ave 8E, YUMA, 85365
Starbucks Corporation leased a newly constructed freestanding 2,050-square-foot building at 32nd St. & Ave 8E in Yuma, from C5 Properties LLC. This is the 9th Yuma area store lease transaction completed by Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield | PICOR.
RETAIL – 2745 N CAMPBELL AVE, TUCSON, 85719 – Central Submarket
Oh My Chicken has signed a lease for 1,672 square feet at 2745 N. Campbell Avenue, Tucson, AZ, in Campbell Avenue Center, located south of the southwest corner of Campbell Avenue and Glenn Rd. Oh My Chicken serves Korean-style fried chicken, corn dogs, and rice bowls. This will be the restaurant’s second location and is estimated to open in November 2024. In this transaction, Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, Zeta Partnership, and the Tenant, Oh My Chicken I, LLC.
RENEWALS
OFFICE – 2530 E BROADWAY BLVD., TUCSON, 85716 – Central Submarket
Joseph Brown and Associates, LLC renewed their lease with LLJ Holdings LLLP for 1,560 square feet of office space at Broadway Midtown Plaza, 2530 E. Broadway Blvd., Suite D in Tucson. Ryan McGregor and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord. Brett Angner with Everyday Investments Realty represented the tenant.
OFFICE – 3855 S EVANS BLVD., TUCSON, 85714 – South Submarket
DSZ Enterprises, LLC dba Bolt Security Guard Services renewed their lease with FJM Merced Associates, LP for 900 square feet of office space at Ajo/Evans Business Park, 3855 S. Evans Blvd., Suite 402 in Tucson. Alex Demeroutis and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
RETAIL – 3104 E FORT LOWELL RD. TUCSON, 85716 – Central Submarket
Park Ave Cleaners Inc. renewed their lease with Glover Associates, LP for 485 square feet of retail space at Winterhaven Square, 3104 E. Fort Lowell Rd., in Tucson. Natalie Furrier, Greg Furrier, Principal, and Rob Tomlinson, Principal, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord.
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