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Tucson, AZ—Marshall’s Jewelers, the leading jeweler in Tucson for 43 years, is closing its flagship location. Owners Rita and Victoria Marshall are exiting the business. Because Marshall’s is well respected in the community, the sisters—who own the building—would like to lease the space to a financially secure tenant who also possesses a well-respected reputation and high standard of service. The Marshalls would ideally love to see new owners take over the business as a turnkey operation as soon as possible.

Tucson city has a population of 525,000 and a metro area population slightly less than 1,000,000. There is no other leading independent luxury jeweler in the area; the only Rolex dealer is Ben Bridge, in a mall location. Marshall’s formerly was a Rolex dealer until one year ago.

Store overview:

• 3500 square-foot freestanding store at 4755 E. Grant Road, Tucson, AZ.
• Location is on a shopping center out-lot pad. Both land and building are owned by Marshall’s. The location faces a six-lane major thoroughfare and is only several hundred feet and in full view of a major intersection at Grant and Swan Roads.
• Store has great curb appeal.
• Located next to three restaurants: Panera Bread, Smashburger, and The Good Egg.
• Faces Starbucks, Bed, Bath & Beyond, Frye’s Grocery, and many other shops.
• 16 years in current location; store was in the Starbucks space for 10 years prior to building the freestanding store.
• Fixtures will be sold or leased as a turnkey operation, depending on tenant’s needs.
• Well-maintained mailing list of 10,000 names is available.
• 19 showcases.
• Store has watchmaker shop and large, complete goldsmith shop.
• Eat-in kitchen, storeroom, and seven window offices around the perimeter of the store.

Contact Victoria Marshall, (520) 325-9955.

Left, interior of Marshall's in Tucson, AZ. Right, a view of the shop area.