Cica-Huntek Chemical Technology USA Corp Acquires Industrial Building In Phoenix For $8M
1654 West Knudsen Drive
$8,000,000
$309/SF
Building Size
25,880 SF
Asset Type
Industrial
Closing
May 7, 2026
AI
The property involved in the transaction is a 25,880-square-foot industrial building located at 1654 West Knudsen Drive, Phoenix, AZ, on a 1.5-acre lot. The asset was sold for $8 million, translating to a price per square foot of $309.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,000,000
- Square Footage: 25,880
- Address: 1654 West Knudsen Drive
- Market: Phoenix, AZ
- Acres: 1.5
- Buyer: Cica-Huntek Chemical Technology USA Corp
- Seller: AMDVI LLC
- Brokers: Michael Kitlica & John Pompay - Cushman & Wakefield
- Price Per Square Foot: $309
Cica-Huntek Chemical Technology USA Corp. completed the acquisition represented by Michael Kitlica and John Pompay from Cushman & Wakefield. The transaction emphasizes the involvement of experienced brokers in facilitating the deal between the buyer and seller.
Players
Snowflake Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93