16
Mar
Safeway in Tucson Sells for $8.3 Million
The 55,228-square-foot Safeway at 9100 N. Silverbell Rd. in Tucson, AZ, has traded hands for $8.258 million, or about $150 per square foot, in an all-cash deal.
Fortress Investment Group sold the grocery store, which is on a 20-year NNN lease that commenced in November 2017 and includes eight five-year options, to an individual investor out of California.
The store anchors Continental Ranch, a 79,162-square-foot shopping center located in the…
Source: Costar News
