Phoenix Commercial Advisors Brokers Sell Retail Property On W Guadalupe Rd In Mesa, AZ For $22M
1859 West Guadalupe Road, Mesa, Arizona 85202, United States
$22,000,000
$169/SF
Building Size
129,674 SF
Asset Type
Retail
Closing
Nov 6, 2022
AI
The retail property located at 1859-1955 W Guadalupe Rd in Mesa, AZ has been sold. The transaction was facilitated by Danny Gardiner & Chad Tiedeman of Phoenix Commercial Advisors. The property spans a total of 129,674 square feet and was sold for a price of $22,000,000, resulting in a price per square foot of $170.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $22,000,000
- Square Footage: 129,674
- Price per Square Foot: $170
- Address: 1859-1955 W Guadalupe Rd, Mesa, AZ
- Market: Mesa, AZ
- Brokers: Danny Gardiner & Chad Tiedeman - Phoenix Commercial Advisors
With the involvement of Danny Gardiner and Chad Tiedeman from Phoenix Commercial Advisors, the successful sale of this retail property in Mesa, AZ was executed. The transaction showcases the expertise and professionalism of these brokers in facilitating a deal of this magnitude.
Players
Mesa 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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93