John Xu Of Maison Solutions Inc Acquires Lee Lee Oriental Supermarket In Tucson For $22.2M

1990 West Orange Grove Road

Retail

51,000 SF

Sold 20 days ago

Summary

Sale

ARIZONA

Retail

51,000 sqft

The retail property located at 1990 West Orange Grove Road in Tucson, AZ, has been sold for $22,200,000. The asset spans 51,000 square feet, resulting in a price per square foot of $435.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $22,200,000
Buyer: John Xu - Maison Solutions Inc

Maison Solutions Inc., led by John Xu, has made its entry into the Arizona market through the acquisition of Lee Lee Oriental Supermarket, Inc. The purchase includes Lee Lee's flagship store in Tucson, marking a significant move for the company.

Details

Deal Summary

SOLD

IMAGE: 04/17/2024 ADDRESS: 1990 West Orange Grove Road MARKET: Tucson, AZ ASSET TYPE: Retail BUYER: John Xu - Maison Solutions Inc SALE PRICE: $22,200,000 SF: 51,000 ~ PPSF: $435 NOTE: Maison Solutions Inc. has acquired Lee Lee Oriental Supermarket, Inc. for $22.2 million, marking its entry into the Arizona market with the purchase of Lee Lee's flagship store in Tucson.

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Address1990 West Orange Grove Road

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