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Tucson Group Buys Former Valero Pad at Grant & Tanque Verde for Redevelopment

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  • Tucson Group Buys Former Valero Pad at Grant & Tanque Verde for Redevelopment
1st Quarter Sales,Archive
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April 11, 2017
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Karen Schutte
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Aerial Site (Courtesy photo)

TUCSON, Arizona - Investment group, Keystone 6630 Grant Road, LLC of Tucson (Steve Grimm, manager) bought the C-2 Zoned Retail Pad, a former a Valero Gas Station, at 6630 East Grant Road in Tucson for $580,000 ($32.22 PSF).

Built in 2001, the former gas station, with 2,140 –square-foot convenience store and kiosk with 3 dispensers for 6 fueling stations sits on an 18,000-square-foot pad is located in the Target Shopping Center at Grant and Tanque Verde.

The property shares the lot with Albertson's, Target, McDonald' s, Boston Market, and Taco Bell near Jiffy Lube, Goodyear Auto Service Center, Discount Tire Store & Enterprise Rent-A-Car.

Property sold to lease or for resale to be redeveloped for a new retail use based on tenant requirements.

Alexander Pavone of Commercial Plus in Scottsdale represented the seller Grant 6630 LLC of Scottsdale (Russell Scaramella, manager) and Steve Grimm with Grimm Commercial was self-represented in the transaction.

For more and redevelopment information, Grimm should be reached at 520.795.5200.

To learn more, see RED Comp #4568.

 

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