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Vacant Catalina Retail Building with Drive-Thru Sells for $787,500

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  • Vacant Catalina Retail Building with Drive-Thru Sells for $787,500
4th Quarter Sales
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November 19, 2025
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Karen Schutte
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Catalina Retail

TUCSON, AZ (Nov. 19, 2025) — A vacant two-tenant Catalina retail building formerly anchored by Canyon Bank and Little Caesars has sold for $787,500 ($229.59 PSF) in an all-cash transaction closed on November 14. The property, located at 15883 North Oracle Road in Tucson’s fast-growing Northwest submarket, consists of a 3,430-square-foot building situated on 0.59 acres.

Built in 2005, the building features two units — a 2,130-square-foot bank branch with a drive-thru, and an adjacent 1,300-square-foot Little Caesars location. The site includes 35 dedicated parking spaces and is zoned CB-2 General Business.

The seller, KB Canyon LLC of Honolulu, Hawaii, transferred the property to Catalina 5 LLC, based in Tucson. Gordon Wagner and Ben Craney represented the seller with NAI Horizon, along with Bob Broyles of Colliers; Karen Farrell and Jordon Simon represented the buyer with Venture West.

The property sits along Oracle Road’s established commercial corridor, surrounded by national retailers, service providers, and residential growth. With its drive-thru banking component, long-term national quick-service tenancy, and frontage along a major arterial, the site represents a stable income-producing asset within a high-traffic retail trade area.

For more information,  Wagner can be reached at 520.326.2200, and Craney is at 520.326.4500. Farrell and Simon should be called at 520.722.9292.

Source: RED Comp #12197.

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