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3711 East Atlanta Avenue

Marcus & Millichap Represents Seller In $2.8M Industrial Sale Near Phoenix Sky Harbor Airport
SOLDIndustrial

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

Peter Bauman

Marcus & Millichap

Broker

$2.8M

vol

2 deals

Broker

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