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Cushman & Wakefield Arranges $2.5M Sale of Retail Building in Tucson, Arizona

3782-S-16th-Ave-Tucson-AZ

Subway, Cricket Wireless, Nationwide Vision and Affordable Dentures & Implants are tenants at the 7,200-square-foot retail building located at 3782 S. 16th Ave. in Tucson, Ariz.

TUCSON, ARIZ. — Cushman & Wakefield has brokered the sale of a multi-tenant retail building situated within Santa Cruz Plaza at 3782 S. 16th Ave. in Tucson. Carlsbad, Calif.-based Blue Hat LLC acquired the asset from Los Angeles-based Santa Cruz Center LLC for $2.5 million.

The 7,200-square-foot building is an outparcel to Santa Cruz Plaza, a 271,600-square-foot shopping center anchored by Fry’s Grocery. At the time of sale, the property was fully leased to four tenants: Subway, Cricket Wireless, Nationwide Vision and Affordable Dentures & Implants.

Chris Hollenbeck and Shane Carter of Cushman & Wakefield’s Phoenix office represented the seller in the deal.

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