Updated Nov 18, 2025
Danny Soroudi Of Arise Investments Acquires Industrial Property From Citizen Express Lines For $7.65M
67 East Baffert Drive
$7,650,000
$96/SF
Building Size
79,000 SF
Asset Type
Industrial
Closing
Jul 28, 2025
About this deal
AI
This industrial property, located at 67 – 137 East Baffert Drive in Nogales, AZ, comprises a substantial 79,000 square feet and has a sale price of $7,650,000, translating to a price per square foot of $96.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,650,000
- Buyer: Danny Soroudi - Arise Investments
- Seller: Citizen Express Lines
- Date of Transaction: 07/28/2025
In this transaction, Danny Soroudi represents Arise Investments as the buyer, while Citizen Express Lines is the seller of the property involved in this deal.
Players
Nogales 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
2.07%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93