Marcus & Millichap Represents Seller In $2.8M Industrial Sale Near Phoenix Sky Harbor Airport
3711 East Atlanta Avenue
$2,800,000
$209/SF
Building Size
13,400 SF
Asset Type
Industrial
Closing
May 27, 2026
AI
An industrial property located at 3711 East Atlanta Avenue in Phoenix, AZ, has been sold for $2,800,000. The asset spans 13,400 square feet, equating to a price per square foot of $209.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,800,000
- Square Footage: 13,400 SF
- Price per Square Foot: $209
- Address: 3711 East Atlanta Avenue
- Market: Phoenix, AZ
The transaction involved brokers Jonathan Schulman, Tivon Moffitt, and Peter Bauman from Marcus & Millichap, representing a private seller from California and facilitating the acquisition for a private buyer based in Phoenix.
Players
Market 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93