SOLD
Black Lion Investment Group Sells Tucson Retail Property For $4.75M
4380 North Oracle Road
Retail
8,000 SF
8,000 SF
Sold 1 year ago
Summary
Sale
ARIZONA
Retail
8,000 sqft
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.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: @Robert_Rivani
DATE: 05/21/2021
ADDRESS: 4380 N Oracle Rd
MARKET: Tucson
ASSET TYPE: Retail
SELLER: Black Lion Investment Group
BROKER: Chris Hollenbeck - Cushman & Wakefield
TENANT: @JaredTheGalleriaOfJewelry
SALE PRICE: $4,750,000
SF: 5,856 ~ PPSF: $811
NOTE: Black Lion coming in hot with back-to-back sales! @Robert_Rivani and his team at Black Lion just closed the sale of the freestanding Jared pad at Oracle Wetmore for a record-setting sale price of $811 per square foot in Tucson, AZ. This was right after the sale of Bellflower in LA for $7M.View on map
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Address4380 North Oracle Road
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