2016 Q1 Sales Archive Archives - Page 5 of 12

Foothills Self-Storage Sold for $7.5 Million to be rebranded to Stor-Qwest Self-Storage

2016 Q1 Sales Archive / By Karen Schutte

Bill Alter of Rein & Grossoehme in Phoenix is pleased to announce the sale of Foothills Self Storage located at 4555 N. 1st Avenue in Tucson, Arizona. The sale closed on March 10, 2016 for $7.5 million, which represents approximately $120 per square-foot and at a high 5% cap rate. The property was constructed in […]

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Walgreens in South Tucson Fetches $7.75 Million

2016 Q1 Sales Archive / By Karen Schutte

Bixby Bridge Capital through an affiliate, RCK Properties (Alfonso Bundoc, agent) in Los Angles, California bought the Walgreens investment property at 605 West Ajo Way in Tucson for $7.75 million ($538 PSF). The 14,418-square-foot Walgreens in South Tucson sits on 1.4 acre, built in 2003, at the southwest corner of Ajo and 12th Avenue in

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Chicago Music Store Downtown Tucson Changes Hands for $1.85 Million

2016 Q1 Sales Archive / By Karen Schutte

After nearly 50 years at the same downtown address, the iconic Chicago Music Store at 130 E Congress Street in downtown Tucson has changed hands for $1.85 million ($77 PSF). Chicago Music Store has moved to 45 South 6th Avenue, continuing to do business in downtown Tucson as it has for nearly 100 years. This

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