Filiberto’s Mexican Food Restaurant Sold to San Diego Investor for $2.56 Million

Filiberto's

TUCSON, AZ (October 4, 2025) – A Filiberto’s Mexican Food restaurant located at 1987 W. River Road in Tucson has sold for $2,562,227 to Lyon & Lyon, Inc. of San Diego, California, in a 1031 Exchange. The seller was Oneten REI.

The newly constructed property is leased to Filiberto’s Mexican Food under a 20-year absolute net lease, providing the buyer with long-term, stable income. The quick-service restaurant chain operates numerous locations throughout Arizona and the Southwest, known for its authentic Mexican fare and 24-hour service.

Situated near La Cholla Boulevard and River Road, the location benefits from high traffic counts and a strong mix of nearby national retailers, including Fry’s Food & Drug, Planet Fitness, and Dutch Bros Coffee.

The transaction was brokered by Echo West Capital Advisors, with Ryan Moroney (Partner), Tim Westfall (Partner), and Jack McAndrew (Vice President) representing the parties.

This acquisition adds to Lyon & Lyon’s expanding portfolio of net-leased restaurant and retail properties across the Western United States.

Source: RED Comp #12134




Land Advisors Tucson Keeps Momentum Rolling with $48 Million in October Deals

Land Advisors

Monarch Master Planned Community – in the heart of Marana

TUCSON, AZ (October 31, 2025) — In a housing market looking to find its footing, Land Advisors Organization (LAO) of Tucson continues to lead the charge in homebuilder deals in Tucson. Real Estate Daily reports that LAO Tucson has pushed its market share to over 70% heading into Q4 2025.

In October alone, LAO-Tucson reports over $48 million in lot purchases across the board, from northwest to southeast Tucson. In a strong counter to a slower market narrative, these homebuilder purchases signal a swing to a more active Tucson market. Real Estate Daily News reports the following deals:

Rocking K: Richmond American closed on 21 platted and engineered lots for $2.1 million. The lots are 80’X125’ and located along Mountain View Way in the latest phase of the project. The seller was Rocking K Development Co. These larger lots were the last parcel in the phase, with major new offerings at Rocking K slated for the Spring of 2026. Rocking K continues to command the bulk of the market share in Vail.

Blackhawk: Lennar Arizona closed on 41 finished lots for $3.25 million. The lots 40’X115’, the last available lots in the project, were purchased from Forestar (USA) Real Estate Group, Inc. This is Lennar’s second purchase from Forestar in multiple Tucson locations.

Remington Ranch: Pulte Homes purchased 112 lots in Block 2 (50’X115’), Phase 4 of Remington Ranch, known as “Copperland Estates” in Marana. The homebuilder paid $6.84 million for the platted and engineered lots. The seller in the transaction was AMH Remington Ranch Development TRS, LLC. This was the second closing of this phase in the past 90 days, with the previous going to Mertiage Homes. See the Real Estate Daily News article here.

Monarch: In the region’s largest bulk purchase of 2025, Ashton Woods/Starlight closed on 350 finished lots (Mix of 40’, 45’, and 50’) in the Monarch MPC in Marana for $37 million. The seller was Sunbelt Holdings, the developer. In combination with Sunbelt, this is Ashton Woods/Starlight’s second major purchase in Tucson this year. Sunbelt continues to deliver a large number of ready-to-build lots each year across multiple projects in the Tucson metro area.

The deals were all handled by Will White and John Carroll of the Land Advisors Organization in Tucson.

“Congratulations to our clients across the market,” White commented. “These transactions demonstrate serious builder confidence – several are locking in pipeline through 2027. But here’s the reality: infrastructure is bottlenecking the ready inventory. There aren’t many ‘shovel-ready’ deals left. Mix stronger demand with limited supply, and you’ve got an explosive 3-4 months ahead.”

 




Take 5 Oil Change Property Sells for $2.26 Million in All-Cash Investment Sale

Take 5 Oil Change

TUCSON, AZ (October 29, 2025) – A newly built Take 5 Oil Change property at 850 W Irvington Road in Tucson has sold for $2,263,562 ($1,605 PSF) in an all-cash transaction to NS Retail Holdings, an affiliate of NETSTREIT Corp. (NYSE: NTST) of Dallas, TX.

The single-tenant, 1,410-square-foot automotive service facility was completed in 2023 on 0.59 acres and is fully leased under an absolute NNN lease to Take 5 Oil Change, a rapidly expanding quick-lube brand with more than 950 locations nationwide.

The property drew investor attention for its long-term corporate-backed lease and prime visibility along Irvington Road near I-19, one of Tucson’s busiest retail corridors. The site offers exposure to more than 46,000 vehicles per day and is surrounded by national tenants, including Walmart Supercenter, The Home Depot, and Planet Fitness.

The sale was brokered by Ed Beeh, Executive Vice President at SRS Real Estate Partners in Phoenix, who represented the seller. NS Retail Holdings acquired the property as part of its ongoing expansion of single-tenant net-lease assets in the Sun Belt region.

NETSTREIT’s Q3 2025 earnings release reported $203.9 million in acquisitions, primarily focused on convenience, automotive, and service-based retail tenants—categories that include Take 5 Oil Change among its national holdings.

This transaction underscores continued investor demand for new-construction, passive NNN retail assets in high-growth Arizona markets, particularly those offering stable, necessity-based tenancy and minimal landlord responsibilities.

Source: RED Comp #12133