SOLD: Owner/User Retail Center in East Phoenix – Off Market

SOLD: Owner/User Retail Center in East Phoenix – Off Market

PHOENIX – ORION Investment Real Estate facilitated the sale of a freestanding retail building, located along Cave Creek Road, for $350,000 ($69/SF). The building exhibits excellent visibility and frontage, with over 25,000 vehicles passing per day on Cave Creek Road. It is also ideally situated near State Route 51. The building was fully occupied at close of escrow.

Nick Miner, CCIM, of ORION Investment Real Estate exclusively represented the Buyer. Miner said, "This was an off-market transaction, where the Buyer was a tenant and a longtime client of mine. They wanted to purchase the property and after 3+ years, it finally came together.”

The Seller was Swati Plaza, Inc. The Buyer was Jax Real Estate, LLC.

For more information, click here: 16402 N Cave Creek Road

Maryann Mize

Senior Vice President/Senior Credit Officer at Charlotte State Bank & Trust

6 年

Congratulations Nick!

Carl Cunningham

Associate Broker @ Barrett Real Estate | Mortgage Loan Originator @ Barrett Financial Group NMLS# 2585362 | Residential and Commercial | Land Acquisitions | Industrial | Auctioneer | Native Phoenician

6 年

Congrats Nick!

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Thomas Romeo, (Landmark)

Environmental Engineer at Landmark Environmental, LLC [email protected] 480-277-3376 landmarkenvironmentalllc.com

6 年

Nick please let us know if we can help you guys out on the next property like this one. That is our specialty

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