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3925 North Brown Avenue

Updated Oct 21, 2026

Terry Black’s BBQ Acquires Mixed-Use Property In Scottsdale For $11.2 Million
SOLDMixed-use

Terry Black’s BBQ Acquires Mixed-Use Property In Scottsdale For $11.2 Million

3925 North Brown Avenue

$11,200,000

$1,076/SF

Building Size

10,409 SF

Asset Type

Mixed-use

Closing

Oct 20, 2026

About this deal

AI

The property asset involved in this transaction is located at 3925 North Brown Avenue in Scottsdale, AZ. The mixed-use property covers 0.74 acres and comprises nine parcels along with approximately 10,409 square feet of existing buildings. The sale was completed for $11,200,000, resulting in a price per square foot of $1,076.

Summary of transaction details:

The transaction marks the entry of the Texas-based brand, Terry Black’s BBQ, into Arizona. The sale was facilitated by LevRose Commercial Real Estate, where Danielle Davis, Branden Mondragon, and Trent McCullough represented the sellers in this deal.

On the Map

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$11,200,000

$1,076/SF

Mixed-use

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Players

Trent McCullough

LevRose Commercial Real Estate

Broker
Broker

Leonardtown Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $11.2M for 10,409 square feet (2026).

Visit LevRose Commercial Real Estate to view all their deals.

Browse Leonardtown mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.42%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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