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67 East Baffert Drive

Danny Soroudi Of Arise Investments Acquires Industrial Property From Citizen Express Lines For $7.65M
SOLDIndustrial

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

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

Danny Soroudi

Arise Investments

Buyer

$15.7M

vol

2 deals

Buyer

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