Updated Dec 4, 2024
Stos Partners Acquires Phoenix Industrial Complex At 2325 W. Cypress St. For $4.4M
2325 West Cypress Street
$4,400,000
$125/SF
Building Size
35,007 SF
Asset Type
Industrial
Closing
Jun 12, 2024
About this deal
AI
The Phoenix industrial complex located at 2325 W. Cypress St. has been acquired by Stos Partners for $4.4 million. The property spans 35,007 square feet and was purchased for a price per square foot of $126.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $4,400,000
- Address: 2325 West Cypress Street
- Market: Phoenix, AZ
- Acres: 1.4
- Buyer: Stos Partners
- Buyer's Rep: Sam Jones - Colliers International
- Seller's Rep: James Cohn & Stirling Pascal - Stream Realty Partners
- SF: 35,007
- PPSF: $126
Stos Partners, in collaboration with their representative Sam Jones from Colliers International, successfully closed the deal to acquire the industrial complex at 2325 W. Cypress St. Their purchase, totaling $4.4 million, signals their intention to promptly implement a capital improvement plan for this property.
Players
Phoenix Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Colliers to view all their deals.
Browse Phoenix industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93