Weingarten Realty Investors of Texas sold the Home Depot store at 4302 N. Oracle Road in Tucson, AZ, for $11.34 million of about $105 per square foot.

The 107,410-square-foot retail building is on a ground lease. Located directly across from Tucson Mall, Home Depot anchors the Oracle Wetmore Home Depot Center. Weingarten bought the center in 2007 and continues to own a large portion of the property.

The investor, Cole Real Estate Investments, a pension fund from Phoenix, has also purchased several other properties in other states from Weingarten Realty Advisors. Ryan Smith of Weingarten Realty Advisors reported each property was valued separately and sold for individual fair market values.

The seller and the buyer were self-represented in the transaction.

For additional information, please refer to CoStar COMPS #1817763.