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Tucson Industrial Building Sells to Re-Lease for $1.3 MIllion

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  • Tucson Industrial Building Sells to Re-Lease for $1.3 MIllion
4th Quarter Sales
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December 7, 2023
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Karen Schutte
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TUCSON, AZ (December 7, 2023) -- Sunstone Partners III, LLC of Westlake Village, CA (Melvin Zuckerman, manager) purchased the 12,412-square-foot industrial building at 3818 S. Evans Blvd. in Tucson from Farmer Bros Co. of Northlake, TX (Charles Marcy, director) for $1,300,000 (105 PSF).

Built in 1987, the building includes a warehouse and office area with two grade-level roll-up doors and eight parking spaces on a .72-acre lot near the southwest corner of Ajo and Park Ave.

The seller, a national coffee roaster, occupied the property for Farmer Brothers Coffee. They offer businesses coffee, tea, culinary, and equipment solutions and are direct distributors to restaurants, hotels, casinos, offices, quick service restaurants, convenience stores, healthcare facilities, and other food service providers. They also offer beverage equipment sales, service, spices, bases, and other culinary products to businesses. They have local Route Sales Reps who know the market and are always available to help meet your beverage and food service needs.

Stephen D. Cohen, Principal & Industrial Specialist with Cushman & Wakefield | PICOR, and Rusty Smith, with Cushman & Wakefield in Long Beach, represented the seller.

Cohen also has the contract to lease the building with a new tenant.

For additional information, Cohen should be reached at 520.546.2750.

To learn more, see RED Comp #11004.

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