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:
- 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.
Players
Phoenix 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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93