USA Pawn & Jewelry Tenant Buys Building on First Ave

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The Wright-Oracle, LLC (Bruce Wright, manager) sold the 10,090 sq. ft. building and excess land at 2904 N 1st Avenue in Tucson to the tenant for the past nine years. USA Pawn & Jewelry of Las Vegas through its affiliate North 1st Avenue, LLC (Craig McCall, partner) paid $1.2 million ($119 PSF) in an all-cash deal. The property sits on an 81,320 sq. ft. lot zoned C-2, and had a 1,984 sq. ft. boarded up building at 2886 N 1st Avenue that sold for land value along with excess land and a total of 428 feet frontingFirst Avenue.

The building occupied by USA Pawn was remodeled in 2012, with 1,500 sq. ft. retail and 8,405 sq. ft. storage on a paved lot with 43 parking spaces, according to the building plans.

USA Pawn & Jewelry Company is a private company established in 2002 inNevadaand has locations in Nevada, Oregon and Arizona. In Tucson, it has nine other locations at 3867 N Oracle, 2590 S Kolb Rd, 1726 W Ajo Way, 1895 W Valencia, 420 W Valencia, 1902 E Irvington, 5000 E Speedway Blvd, 3402 S 6th Avenue, and 4870 E 22nd Street.

Terry Dahlstrom with the Volk Company in Tucson handled the transaction.

McCall can be reached at (702) 851-8155. Dahlstrom is at (520) 326-3200.

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