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

Property Image
SOLD
$2,400,000
Dave Hammack
Greg Furrier
Natalie Furrier

Arizona

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Retail6,208 SF
Sold 09/25/2025
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Property Image
SOLD

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

2465 North Campbell Avenue

See Similar Deals
Retail6,208 SF
Sold 09/25/2025
Dave Hammack
Greg Furrier
Natalie Furrier
the dealplayerscompscontact
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Summary

ARIZONA
Asset Type:Retail
Price Per Square Foot:$386
Total Square Footage:6,208 SF
Transaction Type:Sale

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
Dave Hammack
2 deals$3.5M volume(520) 546-2712
BROKER
Greg Furrier
Cushman & Wakefield
Greg Furrier
5 deals$20.7M volume(520) 909-6111
BROKER
Natalie Furrier
Cushman & Wakefield
Natalie Furrier
5 deals$20.7M volume(520) 955-7663
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE
J.P. Morgan Chase
J.P. Morgan Chase
SELLER

Details

SOLD
IMAGE: 09/25/2025 ADDRESS: 2465 North Campbell Avenue MARKET: Tucson, AZ ASSET TYPE: Retail BUYER: Union Hospitality Group SELLER: J.P. Morgan Chase Bank NA BROKERS: Greg Furrier, Natalie Furrier & Dave Hammack - Cushman & Wakefield SALE PRICE: $2,400,000 SF: 6,208 ~ PPSF: $387 NOTE: Union Hospitality Group acquired a 6,208-square-foot retail property at 2465 N. Campbell Ave. in Tucson for $2.4 million. JPMorgan Chase Bank NA sold the asset, with Cushman & Wakefield | PICOR brokers Greg and Natalie Furrier representing the buyer and Dave Hammack representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$127,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69