Chandler, AZ – March 12, 2025- Nick Miner, CCIM, ORION Investment Real Estate, exclusively represented the Buyer, SNDC Landing Holdings, LLC, in an off-market acquisition of the former Sodalicious property located at 80 W Warner Road in Chandler, Arizona.
The property, a freestanding drive-thru building with excellent visibility, is situated in a dense infill trade area with over 18,000 people within a one-mile radius. Its proximity to major freeways and a new multifamily development ensures high foot traffic and accessibility. The buyer plans to leverage these advantages to create a unique dining experience that will attract both locals and visitors.
The East Valley mall has undergone several redevelopments over the years which aligns with Chandler’s innovative approach to repurposing vacant retail spaces. The city’s focus on strategic infill and redevelopment has positioned Chandler as a leader in adaptive reuse, offering a model for future development projects.
Future plans for the property include a comprehensive redevelopment to accommodate the new restaurant concept that Buyer is working with.
“This was a win-win for both the buyer and the seller,” commented Miner. “The former tenant was relocating and we had been looking for a property like this for some time. I reached out to the leasing broker that was marketing the property and that is when we were able to strike a deal that worked for the parties.”
For more information about this redevelopment project or to inquire about other opportunities, please contact Miner at ORION Investment Real Estate.
Seller, Denver Gardens Company, LLC, was represented by Jason Fessinger and Kalen Rickard of Western Retail Advisors.
Buyer, SNDC Land Holdings, LLC, was represented by Miner of ORION Investment Real Estate.
Sales Price: $1,200,000.00
Building Size: +/-2.380 Sq. Ft.
For more information, give me a call!
RELATED LINKS: