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:
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 2465 North Campbell Avenue, Tucson, AZ
- Square Footage: 6,208
- Price Per Square Foot: $387
- Buyer: Union Hospitality Group
- Seller: J.P. Morgan Chase Bank NA
- Brokers: Greg Furrier, Natalie Furrier & Dave Hammack - Cushman & Wakefield
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
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