TUCSON, Ariz. (August 29, 2025) – Ventana Plaza, a prominent retail and office center located at 5414–5455 N. Kolb Road in Tucson’s Catalina Foothills, has sold for $10,250,000 ($317 PSF). The buyer was Lynn Morrison, LLC of Scottsdale, while the seller was WH Group #2, LLC of Tucson.
Sanford Burstyn and Sam Wilson of Arrow Real Estate Investment Services (ARROW REIS) represented the seller in the transaction. The buyer was self-represented.
Developed in 2001 by the seller, who also built the surrounding subdivision, Ventana Plaza, a 32,300-square-foot property, has long served the affluent Foothills community. Strategically positioned at the gateway to Ventana Canyon Country Club and Resort, the property benefits from exceptional demographics. ZIP codes within a one-mile radius report average household incomes exceeding $144,000, placing the center within one of the region’s highest-performing retail corridors.
According to Placer.ai, Ventana Plaza attracts approximately 15,300 visits annually from 10,100 unique visitors, with an average visit frequency of 1.52. These visitation metrics highlight the property’s strong draw in a more affluent, but smaller, trade area that supports consistent traffic.
This transaction demonstrates lasting investor confidence in Southern Arizona’s luxury retail sector, particularly in supply-constrained Foothills submarkets where quality assets are limited and demographic trends remain favorable.
For more information, Burstyn and Wilson can be reached at 602.625.5151.
Source: RED Comp #12059.