Black Lion Investment Group Sells Tucson Retail Property For $4.75M

Black Lion Investment Group has recently closed the sale of a retail property in Tucson, AZ. The property, located at 4380 N Oracle Rd, was sold for a record-setting price of $4,750,000. The asset spans over 5,856 square feet, resulting in a price per square foot of $811. This freestanding Jared pad was acquired by an undisclosed buyer.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,750,000
• Address: 4380 N Oracle Rd
• Market: Tucson

Chris Hollenbeck from Cushman & Wakefield represented Black Lion Investment Group in this successful transaction. Furthermore, it is worth noting that this sale follows another recent achievement by Black Lion Investment Group, with the sale of the Bellflower property in Los Angeles for $7,000,000.