SOLDRetail
Pooneh Mussman Acquires Net Lease Asset In San Tan Valley From The Barclay Group For $13.75M
1404 West Hunt Highway
$13,750,000
$343/SF
Building Size
40,000 SF
Asset Type
Retail
Closing
Sep 8, 2026
About this deal
AI
The property involved in the transaction is a net lease asset located at 1404 West Hunt Highway in the San Tan Valley market. The sale was executed for a total price of $13,750,000, covering a square footage of 40,000, which equates to a price per square foot of $343.
Summary of transaction details:
- Property Type: Net Lease
- Transaction Amount: $13,750,000
- Address: 1404 West Hunt Highway
- Market: San Tan Valley
- Square Footage: 40,000
- Price Per Square Foot: $343
- Buyer: Pooneh Mussman
- Seller: The Barclay Group
- Brokers: Tim Westfall, Ryan Moroney & Jack McAndrew - Echo West Capital Advisors
The buyer of the property is Pooneh Mussman, while the seller is The Barclay Group. The transaction was facilitated by brokers Tim Westfall, Ryan Moroney, and Jack McAndrew, representing Echo West Capital Advisors in the deal.
On the Map
$13,750,000
$343/SF
Retail
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Players
San Tan Valley Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93