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4 South 84th Avenue

INDUS Realty Trust Acquires Three Industrial Buildings In Tolleson For $116.7 Million
SOLDIndustrial

INDUS Realty Trust Acquires Three Industrial Buildings In Tolleson For $116.7 Million

4 South 84th Avenue, 5 South 84th Avenue & 10397 West Van Buren Street

$116,700,000

$53/SF

Building Size

2,184,000 SF

Asset Type

Industrial

Closing

Sep 3, 2025

AI

Three industrial buildings located at 4 South 84th Avenue, 5 South 84th Avenue, and 10397 West Van Buren Street in Tolleson, AZ were sold for $116.7 million. The total square footage of the properties is 728,000, with a price per square foot of $160, and they are fully leased.

Summary of transaction details:

INDUS Realty Trust acquired these properties from Link Logistics Real Estate, facilitated by a team of brokers from Cushman & Wakefield, which included Will Strong, Molly Hunt, Michael Matchett, and Jack Stamets.

Players

Will Strong

Cushman & Wakefield

Broker

$3.2B

vol

54 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
Link Logistics Real Estate
Link Logistics Real EstateSeller

Tolleson Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93