Two new retail leases highlight our lease report this week. One for a new Vietnamese restaurant space and the other, a new Cricket Wireless store. Both were handled by Isaac Figueroa and Elaina Elliot of Larsen Baker in Tucson representing the Landlord. Larsen Baker manages over ±3 million-square-feet with ±500 tenants, as one of the leading commercial real estate firms in Southern Arizona.
The following leases were submitted to the Real Estate Daily News for the Tucson Lease Report from March 29-April 2, 2021.
RETAIL – 565 E WETMORE RD., TUCSON, 85705 - Central
Nhu Lan Vietnamese Cuisine, Inc. dba Nhu Lan Vietnamese Cuisine has leased 2,660-square-feet at Tucson Place Shopping Center, located at 565 E Wetmore Rd, Tucson, AZ 85705 in the Wal Mart/Best Buy anchored power center. The building is the former Applebee’s restaurant located on the pad along Wetmore. Larsen Baker will adapt the 4,400-square-foot building into two suites and will add a drive thru lane. The tenant will occupy the remaining half and the building which is now fully leased. Nhu Lan Vietnamese Cuisine is scheduled to open for business in third quarter 2021. Isaac Figueroa and Elaina Elliot of Larsen Baker represented the landlord and handled this transaction [mepr-show rules="56867" unauth="message"] Zip Code: 85705; SUBMARKET: CENTRAL [/mepr-show]
RETAIL – CIRCLE PLAZA SHOPPING CENTER, TUCSON, 85710 - East
MAS Wireless, LLC dba Cricket Wireless has leased the remaining 1,000-square-foot space in the pad building at Circle Plaza Shopping Center, located on the SE corner of Broadway Blvd. and Kolb Rd. Circle Plaza is anchored by Michaels, Ross, Sketchers, Bealls, Homegoods, and Natural Grocers. The space will be used as an authorized Cricket Wireless dealer with related products and services. Isaac Figueroa and Elaina Elliot of Larsen Baker represented the Landlord in this transaction. [mepr-show rules="58038"]ZIP CODE: 85710 SUBMARKET: EAST[/mepr-show]
Submit your sales and leases to REDailyNews@Outlook.com