Tucson Industrial Property with Yard Sells for $210 PSF

TUCSON, AZ (July 9, 2024) An industrial property at 3809 N Runway Drive in Tucson sold for $850,000 ($210 PSF).

The two buildings were constructed in 1988, totaling 4,044 square feet with four grade-level, roll-up doors on a walled and gated one-acre+ yard in the Freeway Industrial Park northeast of Prince and I-10.

The transaction closed on June 7, 2024.

At the time of sale, the property was occupied by a single tenant, dba Sunbelt Coatings. The seller, CCYES, LLC of Tucson, was represented by Pat Welchert of Alpha Commercial Real Estate Service.

The buyer, SMS Construction Company, purchased the property to owner-occupy once the current tenant’s lease expires. Tim Healy of CBRE (Tucson) represented the buyer.

For additional information, Welchert can be reached at 520.360.9394, and Healy is at 520.323.5119.

To learn more, see RED Comp #11345.