Summit Hut Retail Building Sells for $3.5 Million in Net Leased Sale

TUCSON, AZ (November 20, 2025) — The iconic Summit Hut retail property at 5251 E. Speedway Blvd. in Tucson has sold for $3.5 million ($152.07 PSF) to WAA 5251 E. Speedway Blvd, LLC, an affiliate of Brown Wordon Properties, LLC. The seller was Inspired Adventure Investments, LLC of Tucson.

The transaction involved a 22,960-square-foot retail building situated on 1.54 acres. Originally built in 1956, the property is located in Tucson’s Avondale district, within the Northeast submarket, and includes approximately 140 parking spaces.

Natalie Furrier and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the seller. Robert C. Glaser, SIOR, CCIM, and Paul Hooker, SIOR, Principals with Cushman & Wakefield | PICOR, represented the buyer.

The well-known outdoor retailer Summit Hut has long been a fixture in Tucson’s active lifestyle community, serving as a hub for gear and expertise in outdoor recreation. The sale represents an investment transaction reflecting continued confidence in Tucson’s core retail corridors.

For more information, brokers can be reached at Cushman & Wakefield | PICOR at 520.748.7100.

Source: RED Comp #12167.