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4002 North 36th Avenue

Hilton Cabinets Purchases Industrial Building In Phoenix For $4.3 Million With Citywide's Chad Kirkorsky As Seller's Rep
SOLDIndustrial

Hilton Cabinets Purchases Industrial Building In Phoenix For $4.3 Million With Citywide's Chad Kirkorsky As Seller's Rep

4002 North 36th Avenue

$4,300,000

Building Size

Asset Type

Industrial

Closing

Oct 2, 2025

AI

Hilton Cabinets purchased an industrial building located at 4002 North 36th Avenue in Phoenix, AZ, for a total of $4,300,000. The asset is intended for conversion into a cabinet manufacturing and distribution center.

Summary of transaction details:

SVN | Desert Commercial Advisors represented the buyer, Hilton Cabinets, in this transaction. Citywide Commercial Real Estate acted on behalf of the undisclosed seller during the sale process.

Players

Chad Kirkorsky

Citywide Commercial Real Estate

Broker

$11.3M

vol

2 deals

Broker
SVN
SVNBrokerage

Phoenix 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

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93