SOLD: Office/Flex Opportunity in Tempe | Multiple Offers Received
This property is located at 52nd Street and University Drive in Tempe, Arizona. The property was built in 1981 and renovated in 2001. It is centrally located in an employment hub sub-market, minutes from Sky Harbor Airport and both downtown Phoenix and Tempe, and is easily accessible from I-10, Loop 202 and SR-143. Zoned GID, the property features sixteen foot, building height reinforced concrete and masonry block construction, with a parking ratio of 3.67/1,000 SF.
SOLD: NNN Investment | Long Term Lease | Phoenix Arizona
Phoenix Single-Tenant NNN Coffee Shop Sells for $707/SF After Garnering Multiple Offers PHOENIX – CBD Coffee Shop, located at 1302 East McDowell Road, sold this week for $1,297,000 or $707 per square foot, at a 5.96% cap rate. Nick Miner, CCIM of ORION Investment Real Estate represented both parties in the transaction. The Seller […]
SOLD: FREESTANDING RETAIL BUILDING IN ARCADIA LITE TRADES FOR $218/SF
PHOENIX 2501 East Indian School Road, situated in the heart of Arcadia Lite, sold off-market this past week for $534,000 or $218 per square foot. Andrew Harrison and Nick Miner, CCIM of ORION Investment Real Estate, represented both the Buyer (Cameron 2, LLC) and the Seller (Revocable Living Trust of William James Milne). Harrison […]
SOLD: ARCADIA OFFICE CASITAS IN 30 DAYS FOR $1.4M
PHOENIX 4520 East Indian School Road sold this week for $1,400,000 or $297.05 per square foot. The office casitas are located at the northwest corner of 45th place and Indian School road, giving the property frontage on Indian School Road’s most popular strip in the coveted neighborhood of Arcadia. With spectacular views of Camelback Mountain […]
SOLD: Redevelopment on 7th Street |Phoenix Arizona
REDEVELOPMENT OPPORTUNITY ON 7TH STREET trades for $156 per square foot in phoenix Phoenix – A redevelopment opportunity located in a highly desirable Phoenix opportunity zone sold this week for $825,000, or $156 per square foot. The purchase garnered multiple offers and includes three buildings totaling 5,276 square feet. Nick Miner, CCIM and J.T. Taylor […]
SOLD: Former Circle K Cottonwood AZ
Cottonwood, AZ – A former Circle K property in the heart of Cottonwood sold this week for $413,000 or $161 per square foot. Nick Miner, CCIM & J.T. Taylor of ORION Investment Real Estate brokered the sale for the Seller, Wells Fargo Bank. This is the second property that Miner and Taylor brokered for Wells […]