Sam Ankin Of Northpond Partners Acquires Retail Center In Queen Creek For $13.35M
25166 South Ellsworth Road
$13,350,000
$652/SF
Building Size
20,452 SF
Asset Type
Retail
Closing
Apr 25, 2026
About this deal
AI
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.
On the Map
$13,350,000
$652/SF
Retail
View full map
Players
Queen Creek Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Queen Creek retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93