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2465 North Campbell Avenue

Union Hospitality Group Acquires Retail Property From J.P. Morgan Chase Bank For $2.4M
SOLDRetail

Union Hospitality Group Acquires Retail Property From J.P. Morgan Chase Bank For $2.4M

2465 North Campbell Avenue

$2,400,000

$386/SF

Building Size

6,208 SF

Asset Type

Retail

Closing

Sep 25, 2025

AI

A retail property located at 2465 North Campbell Avenue in Tucson, AZ, was sold for $2,400,000. The asset, comprising 6,208 square feet, reflects a price per square foot of $387.

Summary of transaction details:

The transaction involved Union Hospitality Group as the buyer, acquiring the property from seller J.P. Morgan Chase Bank NA. Brokers Greg and Natalie Furrier represented the buyer, while Dave Hammack represented the seller in this transaction.

Players

Dave Hammack

Cushman & Wakefield

Broker

$3.5M

vol

2 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
J.P. Morgan Chase
J.P. Morgan ChaseSeller

Tucson Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93