400-404 N 4th Ave. in Tucson, AZ
TUCSON, Arizona (April 17, 2025) — WTF Land Holdings, LLC has purchased a 6,476-square-foot retail property located at 400–404 N. 4th Avenue in Tucson for $1,050,000 ($162 PSF). The property sits in the heart of the Historic 4th Avenue District, a vibrant bar and restaurant district bridging the University of Arizona and Downtown Tucson.
Known for its eclectic mix of local shops, eateries, and entertainment venues, 4th Avenue is also home to the legendary 4th Avenue Street Fair, which draws over 600,000 visitors annually. The highly-walkable district has long been a destination for students, locals, and tourists alike.
At the time of sale, 1,123 square feet of the building’s gross leasable area was available for lease at an asking rate of $20/SF NNN, offering immediate opportunity for retail or hospitality tenants looking to tap into the district’s high foot traffic and cultural buzz.
The transaction closed on April 9, 2025.
The seller, South on Seventh, was represented by Rob Tomlinson, Principal and Retail Specialist with Cushman & Wakefield | PICOR, and Fred Howard of Progressive Property Management, LLC. The buyer, WTF Land Holdings, LLC, was represented by Paul Hooker, SIOR, Principal and Industrial Specialist, also with Cushman & Wakefield | PICOR.
This strategic acquisition underscores growing investor interest in Tucson’s urban retail market and the continued revitalization of the city’s core corridors.
For more information, Hooker can be reached at 520.546.2704 and Tomlinson is at 520.546.2757. Howard can be contacted at 520.320.0010
To learn more, subscribers should refer to RED Comp #11846.