HAZ Holdings, LLC Acquires Retail Property In Tucson, Arizona For $4.15M

Located at 5075-5095 La Cañada Drive in Tucson, Arizona, this retail property was recently sold in a transaction facilitated by Steve Julius, Jesse Goldsmith, and Chase Dorsett of Newmark. The property spans 16,650 square feet and was purchased by HAZ Holdings, LLC from VIG River Village, LLC for a total of $4,150,000. With a price per square foot of $249, this transaction demonstrates the value of this retail asset in the Tucson market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,150,000
• Address: 5075-5095 La Cañada Drive, Tucson, Arizona
• Market: Tucson, Arizona
• Buyer: HAZ Holdings, LLC
• Seller: VIG River Village, LLC
• Brokers: Steve Julius, Jesse Goldsmith & Chase Dorsett - Newmark
• Square Feet: 16,650
• Price per Square Foot: $249

This transaction showcases the successful collaboration between HAZ Holdings, LLC, as the buyer, and VIG River Village, LLC, as the seller. With the assistance of brokers Steve Julius, Jesse Goldsmith, and Chase Dorsett from Newmark, the parties were able to negotiate and close the deal for this prime retail property in Tucson, Arizona.