InvenTrust Properties Acquires Retail Center In Queen Creek From Barclay Group For $31.2M
22355 East Queen Creek Road
$31,200,000
$519/SF
Building Size
60,094 SF
Asset Type
Retail
Closing
Mar 23, 2026
AI
A retail asset located at 22355 East Queen Creek Road in Queen Creek, AZ was sold for $31,200,000. The property encompasses 60,094 square feet, translating to a price per square foot of $519. It is part of the Marketplace at Hudson Station, a retail center fully leased to 11 tenants with a total size of 197,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $31,200,000
- Buyer: InvenTrust Properties
- Seller: Barclay Group
- Square Footage: 60,094
- Price Per Square Foot: $519
- Market: Queen Creek, AZ
The transaction involved InvenTrust Properties, acting as the buyer, and Barclay Group as the seller. The retail center is fully leased and includes 11 tenants, highlighting its operational status at the time of sale.
Players
Queen Creek 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
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93