Updated Oct 8, 2025
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
About this deal
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:
- Property Type: Industrial
- Transaction Amount: $4,300,000
- Address: 4002 North 36th Avenue
- Market: Phoenix, AZ
- Buyer: Hilton Cabinets
- Seller's Representative: Chad Kirkorsky - Citywide Commercial Real Estate
- Brokers: Justin Horwitz - SVN, Sean Alderman, Sean Alderman, Jillian Moyer, Richard Lewis & Jillian Moyer
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.
On the Map
$4,300,000
Industrial
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Phoenix Industrial Market Snapshot
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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