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.
On the Map
$7,650,000
$96/SF
Industrial
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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