Creation Sells Mixed-Use Property In Gilbert, AZ For $20.2M
325 North Ash Street, Gilbert, Arizona 85233, United States
$20,200,000
Building Size
—
Asset Type
Mixed-use
Closing
Jun 26, 2022
About this deal
AI
The mixed-use property located at 325 N Ash St in Gilbert, AZ has been sold for a price of $20,200,000. The transaction was facilitated by broker Eric Wichterman from Cushman & Wakefield on behalf of the seller, Creation.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $20,200,000
- Address: 325 N Ash St, Gilbert, AZ
- Market: Gilbert, AZ
Eric Wichterman, representing Cushman & Wakefield, played a pivotal role as the broker in this deal. His expertise and negotiation skills contributed to the successful sale of the property.
Gilbert Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Browse Arizona mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93