Stos Partners Acquires Industrial Warehouse In Phoenix For $2.9 Million With Colliers As Buyer's Rep
1746 West Fillmore Street & 1748 West Fillmore Street
$2,900,000
$69/SF
Building Size
20,850 SF
Asset Type
Industrial
Closing
Oct 9, 2025
AI
Stos Partners acquired a 20,850-square-foot industrial warehouse located at 1746 West Fillmore Street & 1748 West Fillmore Street in Phoenix, AZ for $2,900,000. The property features plans for major upgrades including improvements to the roof, HVAC systems, new office space, and modernized interiors and exteriors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Sale Date: 10/09/2025
- Buyer: Stos Partners
- Buyer's Representative: Chris Reese - Colliers
- Seller's Representatives: Jim Wilson & Garrett Wilson - Cushman & Wakefield
- Square Footage: 20,850
- Price Per Square Foot: $139
Colliers represented Stos Partners in this transaction, facilitating the acquisition of the industrial asset, while Cushman & Wakefield represented the private seller in the deal.
Players
Phoenix Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93