Updated Jun 2, 2026
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
About this deal
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.
On the Map
$2,800,000
$209/SF
Industrial
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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