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Sam Ankin Of Northpond Partners Acquires Retail Center In Queen Creek For $13.35M

Property Image
SOLD
$13,350,000

Arizona

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Retail20,452 SF
Sold 04/25/2026
the dealdetailscomps
Property Image
SOLD

Sam Ankin Of Northpond Partners Acquires Retail Center In Queen Creek For $13.35M

25166 South Ellsworth Road

See Similar Deals
Retail20,452 SF
Sold 04/25/2026
the dealdetailscomps

Summary

ARIZONA
Asset Type:Retail
Price Per Square Foot:$652
Total Square Footage:20,452 SF
Transaction Type:Sale

A retail property located at 25166 South Ellsworth Road in Queen Creek, AZ, has been successfully sold. The asset encompasses an area of 2.76 acres with a total square footage of 20,452. The property was sold for a price of $13,350,000, equivalent to $653 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $13,350,000
  • Address: 25166 South Ellsworth Road
  • Market: Queen Creek, AZ
  • Acres: 2.76
  • Square Footage: 20,452
  • Price Per Square Foot: $653
  • Buyer: Sam Ankin - Northpond Partners
  • Seller: Newquist Commercial Properties of Tempe

Sam Ankin represented Northpond Partners in the purchase of the retail center, while the seller, Newquist Commercial Properties of Tempe, facilitated the transaction. The acquisition reflects the ongoing real estate activities in the Queen Creek market.

Players

NP
Northpond Partners
BUYER
NT
Newquist Commercial Properties of Tempe
SELLER

Details

SOLD
IMAGE: 04/25/2026 ADDRESS: 25166 South Ellsworth Road MARKET: Queen Creek, AZ ASSET TYPE: Retail ~ ACRES: 2.76 BUYER: Sam Ankin - Northpond Partners SELLER: Newquist Commercial Properties of Tempe SALE PRICE: $13,350,000 SF: 20,452 ~ PPSF: $653 NOTE: Northpond Partners acquired a 20,452-square-foot strip mall at 25166 South Ellsworth Road Retail Center for $13.35 million, marking a $652-per-square-foot deal.

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Operating Expenses (Annual)
Net Operating Income (NOI)

$712,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$47,429.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,285.81
Annual Debt Service$759,429.73