TUCSON, Ariz. (June 27, 2025) – The two-tenant retail building located at 2320 N. Silverbell Road in Tucson has sold for $2,553,142 ($486 per square foot) to BSGordon Holdings Two, LLC, an investment group based in Malibu, California. The seller was Volk Vista One, LLC, and 2320 N Silverbell, LLC, both Tucson-based entities affiliated with VOLK Company.
Jeramy Price of VOLK Company served as the exclusive listing broker and represented the seller in the transaction, which closed on June 18, 2025.
Originally built in 1992, the 5,209-square-foot building underwent extensive renovations in August 2024, including new storefront glass, upgraded façades, and site improvements designed to attract national and regional tenants. The building also includes a 675-square-foot outdoor patio.
At the time of sale, the property featured 2,300 square feet leased to Filiberto’s Mexican Food under a long-term lease agreement. While in escrow, a second tenant leased the remaining space, which will operate as a German beer garden concept, Biergarten Tucson, expected to open in Fall 2025, further bolstering the center’s tenancy and income profile.
Situated at the signalized, high-traffic intersection of Silverbell and Grant Roads, the site offers ~249 feet of direct frontage and excellent visibility. It benefits from strong traffic counts, proximity to dense residential neighborhoods, and immediate access to Interstate 10, making it a high-demand location for food and service-based retail tenants.
The retail center is located within a designated Opportunity Zone, providing additional tax incentives for qualified investors.
“This asset presented a unique blend of location, recent capital improvements, and tenant stability,” said Jeramy Price at VOLK Company. “The buyer recognized the long-term value of this westside retail corridor and moved decisively to acquire it.”
The property was previously occupied by Famous Sam’s and was purchased by VOLK Company in January 2023 as a value-add opportunity to reposition it for lease-up and resale. That vision was realized through thoughtful renovations and targeted leasing strategies, which brought strong investor interest.
The investor intends to hold the asset as part of its national portfolio of income-producing retail properties.
For more information, contact Jeramy Price at 520.441.4771 or visit www.volkco.com.
Reference: RED Comp #11965.