Updated Aug 20, 2026
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
About this deal
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.
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Industrial
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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