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.

TUCSON, AZ (November 17, 2025) — A total of 14,195 square feet of commercial space was leased across the Tucson market this week, led by retail with 6,502 square feet, industrial with 4,533 square feet, and office with 3,160 square feet. The top retail lease was Pima County Animal Care Center’s new 5,382-square-foot eastside facility on East Broadway Boulevard. The leading industrial transaction was Quaesta Instruments, LLC’s 3,333-square-foot renewal at Tucson Tech Park near the South Airport corridor, while the largest office deal was White Coat Commons’ 1,815-square-foot sublease on West Orange Grove Road in the Northwest submarket.

The following leases were reported to the Real Estate Daily News for the week of November 10–14, 2025.

RETAIL – 7255 E BROADWAY BOULEVARD, TUCSON, AZ 85710, EAST SUBMARKET
Pima County Animal Care Center leased 5,382 square feet of retail space at 7255 East Broadway Boulevard, Suite 140, in Tucson, from an ownership entity represented by Larsen Baker. The new eastside location will serve as an additional service hub for the county, filling a critical need for animal care services in this portion of the Tucson metro. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord and handled the transaction.

OFFICE – 1925 W ORANGE GROVE ROAD, TUCSON, AZ 85704, NORTHWEST SUBMARKET
White Coat Commons sublet 1,815 square feet of office space at 1925 West Orange Grove Road, Suite 106, in Tucson, from Rittenour Industries LLC dba QC Kinetix. The space, located in a medical and professional corridor near Northwest Medical Center, will continue to be used for healthcare-related services. Molly Mary Gilbert, CCIM, Office Specialist with Cushman & Wakefield | PICOR, represented the sublessor.

RETAIL – THE PLAZA AT WILLIAMS CENTRE, 5350 E BROADWAY BOULEVARD, TUCSON, AZ 85711, EAST SUBMARKET
PWR Play, LLC dba ubreakiFix leased 1,120 square feet of retail space at The Plaza at Williams Centre, 5350 East Broadway Boulevard, Suite 156, in Tucson. The premises will be used for the repair, sales, and storage of consumer electronics within this established regional shopping destination along the busy Broadway corridor. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord, and Chantel Gutierrez-Davis with Rise 24 Real Estate represented the tenant.

OFFICE – 2231 N INDIAN RUINS ROAD, TUCSON, AZ 85715, NORTHEAST SUBMARKET
Staci Gauvin and Danielle DeSantis leased 710 square feet of office space at 2231 North Indian Ruins Road, Suite 4, in Tucson, from Ozam Investments, LLC. The building is located in the Rancho Perdido Estates area, serving the East Tucson submarket. Molly Mary Gilbert, CCIM, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in the transaction.

OFFICE – INA CORPORATE CENTER, 3275 W INA ROAD, TUCSON, AZ 85741, NORTHWEST SUBMARKET
Advanced Business Partners Arizona, LLC leased 635 square feet of office space at Ina Corporate Center, 3275 West Ina Road, Suite 209, in Tucson, from CALDOR Investments of Arizona, LLC. The property offers convenient access to restaurants, shopping, and services in the Casas Adobes area of the Northwest submarket. Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RENEWAL

INDUSTRIAL – TUCSON TECH PARK, 1665 E 18TH STREET, TUCSON, AZ 85719, CENTRAL AIRPORT SUBMARKET
Quaesta Instruments, LLC renewed its lease for 3,333 square feet of industrial space at Tucson Tech Park, 1665 East 18th Street, Suite 207, in Tucson, with SBC Investors, LLC. The property offers flex and industrial configurations with convenient access to Aviation Parkway and the South Airport employment corridor. Andrew Keim and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – TUCSON TECH PARK, 1665 E 18TH STREET, TUCSON, AZ 85719, CENTRAL AIRPORT SUBMARKET
Sonoran Eco Solutions, LLC has renewed its lease for 1,200 square feet of industrial space at Tucson Tech Park, located at 1665 East 18th Street, Suite 212, in Tucson, with SBC Investors, LLC. The project’s light-industrial zoning and proximity to major transportation routes make it attractive for small industrial and flex users. Alex Demeroutis and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to REDailyNews@outlook.com.

PIMA COUNTY, AZ (November 17, 2025) — Based on RED Comps’ October numbers, Pima County’s commercial real estate market delivered a steady and broadly resilient performance in October 2025, posting $132.4 million in total sales volume across 47 closed transactions. While activity came in slightly below September 2025 levels, the market continued to show balanced buyer demand across retail, office, multifamily, and land categories. The month’s results also reflect a moderate but meaningful improvement compared to October 2024, when sales volume and transaction counts were both lower, underscoring a market that has gradually strengthened over the past year.

RETAIL SECTOR

Retail once again led all categories with 14 transactions, continuing its role as the most active segment in Southern Arizona. Compared to October 2024, retail activity was higher both in volume and number of closings, reflecting improved tenant performance, solid consumer spending, and investor appetite for service-based and daily-needs retail. The mix of trades included NNN single-tenant assets and smaller multi-tenant centers, mirroring broader trends in stabilized Sun Belt secondary markets.

OFFICE SECTOR

The office sector recorded 9 closings, a slight increase from the previous year. While the national office market remains challenged, Tucson’s profile—dominated by medical offices, professional services, and owner-users—continues to insulate it from the significant volatility seen in major metropolitan areas. Steady population growth and health-care expansion helped support both user demand and investor interest in smaller buildings under 20,000 square feet.

MULTIFAMILY SECTOR

Multifamily activity included 6 transactions, consistent with recent months and nearly identical to October 2024. While underwriting has tightened due to borrowing costs, Tucson retains notable investor appeal due to its affordability advantage, strong workforce inflows, and moderation in new deliveries compared with Phoenix and other regional markets.

INDUSTRIAL SECTOR

Industrial posted four sales, slightly below both September 2025 and the same month last year. However, fundamentals remain strong, with the Airport, Southeast, and Northwest submarkets continuing to anchor long-term demand for logistics, manufacturing support, and flex inventory.

LAND SECTOR

Land sales showed mixed results, with one industrial land sale and eight residential land sales, primarily driven by continued absorption in Marana, Vail, and Oro Valley. Residential land activity was higher than in October 2024, reflecting more builder confidence and ongoing population-driven demand for new housing.

Overall, October 2025 demonstrated a healthier and more stable market compared to the same period one year earlier, with stronger retail, office, and residential land activity forming the backbone of a diversified and resilient commercial sales environment heading into Q4.