Updated Sep 14, 2026
Blake Rodgers & Aaron Gill Of Steel Peak Acquire 2.18 Acre Industrial Property In Phoenix For $3.3M
2142 West Van Buren Street
$3,300,000
$528/SF
Building Size
6,250 SF
Asset Type
Industrial
Closing
Sep 14, 2026
About this deal
AI
Steel Peak acquired a 2.18-acre industrial outdoor storage property at 2142 West Van Buren Street in Phoenix, AZ, for $3.3 million. The property features 6,250 square feet of space and a price per square foot of $528.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,300,000
- Address: 2142 West Van Buren Street
- Market: Phoenix, AZ
- Acres: 2.18
- SF: 6,250
- PPSF: $528
- Buyer: Blake Rodgers & Aaron Gill - Steel Peak
The transaction marks Steel Peak's first industrial outdoor storage acquisition in the Phoenix market and the 18th overall in the Southwest and West regions. The firm intends to implement targeted site and building improvements before leasing the property to an essential industrial service user.
On the Map
$3,300,000
$528/SF
Industrial
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Players
Rudolph 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93