SOLDIndustrial
Chris Nicola Of Nicola Wealth Sells South Valley Business Park In Chandler Arizona For $X
1710 East Germann Road & 1720 East Germann Road
Building Size
143,813 SF
Asset Type
Industrial
Closing
Aug 19, 2026
AI
Nicola Wealth sold a two-building Class A industrial property known as South Valley Business Park, located at 1710 and 1720 East Germann Road in Chandler, Arizona. The total square footage of the asset is 143,813, situated in a prime market for industrial space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 1710 & 1720 East Germann Road
- Market: Chandler, AZ
- Seller: Chris Nicola - Nicola Wealth
- Brokers: Will Strong, Jack Stamets, Molly Miller Hunt, Michael Matchett & Madeline Warren - Cushman & Wakefield
Cushman & Wakefield's brokers represented both the seller, Chris Nicola from Nicola Wealth, and the undisclosed buyer in this transaction, facilitating the successful sale of the property.
Players
Charles City 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93