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

5075-5095 La Cañada Drive
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This Retail property located in AZ was sold for $4,150,000 over 2 years ago. The brokers of the deal were Chase Dorsett, Steve Julius, and Jesse Goldsmith

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.

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Deals
  • Location
    5075 North La Cañada Drive, Tucson, Arizona 85704, United States5075 North La Cañada Drive, Tucson, Arizona 85704, United States
  • Sale Price
    $4,150,000$4,150,000
    $249 PPSF$249 PPSF
  • Area
    16,650 SF16,650 SF
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Steve Julius

Steve Julius

Deals9
Sold$90.6M

Jesse Goldsmith

Jesse Goldsmith

Deals9
Sold$90.6M

Chase Dorsett

Chase Dorsett

Deals9
Sold$90.6M

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

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Deal Summary

SALE IMAGE: Steve Julius, Jesse Goldsmith & Chase Dorsett DATE: 12/20/2021 ADDRESS: 5075-5095 La Cañada Drive MARKET: Tucson, Arizona ASSET TYPE: Retail BUYER: HAZ Holdings, LLC SELLER: VIG River Village, LLC BROKERS: Steve Julius, Jesse Goldsmith & Chase Dorsett - Newmark SALE PRICE: $4,150,000 SF: 16,650 ~ PPSF: $249

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5075-5095 La Cañada Drive

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