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InCommercial Net Lese DST 4 Acquires Retail Property For $4.5M In Mesa, AZ

Property Image
SOLD
$4,465,333

Arizona

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Retail6,253 SF
Sold 09/29/2021
the dealdetailscomps
Property Image
SOLD

InCommercial Net Lese DST 4 Acquires Retail Property For $4.5M In Mesa, AZ

1860 East McKellips Road, Mesa, AZ 85203, USA

See Similar Deals
Retail6,253 SF
Sold 09/29/2021

Summary

ARIZONA
Asset Type:Retail
Price Per Square Foot:$714
Total Square Footage:6,253 SF
Transaction Type:Sale

Ibrahim Al-Rashid has recently sold a retail property located at 1860 E. McKellips Rd in Mesa, AZ. The property was purchased by InCommercial Net Lese DST 4 for a total of $4,465,333. The retail asset spans across 6,253 square feet and was sold for a price per square foot of $714.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,465,333
  • Address: 1860 E. McKellips Rd, Mesa, AZ
  • Market: Mesa, AZ
  • Buyer: InCommercial Net Lese DST 4
  • Seller: Limestone Asset Management - Ibrahim Al-Rashid, & Orion Real Estate Group - Shira Orion
  • Square Footage: 6,253

Limestone Asset Management, represented by Ibrahim Al-Rashid, and Orion Real Estate Group, represented by Shira Orion, were the sellers in this retail property transaction. The buyer, InCommercial Net Lese DST 4, successfully acquired the asset. This sale represents a significant deal in the retail market of Mesa, AZ.

Players

BUYER

Details

SOLD
IMAGE: Ibrahim Al-Rashid DATE: 09/29/2021 ADDRESS: 1860 E. McKellips Rd MARKET: Mesa, AZ ASSET TYPE: Retail BUYER: InCommercial Net Lese DST 4 SELLER: Limestone Asset Management - Ibrahim Al-Rashid, & Orion Real Estate Group - Shira Orion SALE PRICE: $4,465,333 SF: 6,253 ~ PPSF: $714

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