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1859 West Guadalupe Road, M...

Phoenix Commercial Advisors Brokers Sell Retail Property On W Guadalupe Rd In Mesa, AZ For $22M
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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

Danny Gardiner

Phoenix Commercial Advisors

Broker

$141.3M

vol

6 deals

Broker

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