Marcus & Millichap Sells Fully Leased Retail Property To Busy Bees Child Care For $3.3M
3300 East Union Hills Drive
$3,300,000
Building Size
—
Asset Type
Retail
Closing
May 30, 2025
About this deal
AI
A retail property located at 3300 East Union Hills Drive in Phoenix, AZ, was sold for $3,300,000. The property is fully leased to Busy Bees Child Care.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $3,300,000
- Address: 3300 East Union Hills Drive
- Market: Phoenix, AZ
The transaction was facilitated by the brokerage firm Marcus & Millichap, with Chris Lind, Mark Ruble, Spencer Berkley, and Zack House representing the parties involved in the deal.
The retail sale at 3300 East Union Hills Drive in Phoenix, Arizona sold for $3.3M in 2025. 3300 East Union Hills Drive is classified as Retail on Traded. Zack House, Mark Ruble, Chris Lind, Spencer Berkley appear on the sale alongside Marcus & Millichap. This page is the Phoenix, Arizona file for the 3300 East Union Hills Drive retail sold: pricing, party profiles, and other closed retail comps from the same Phoenix sit in the Market section below. Filter that Phoenix retail set by closing date to see what else sold near 3300 East Union Hills Drive around 2025. Published consideration for 3300 East Union Hills Drive is $3.3M, dated 2025. Cite this Marcus & Millichap Sells Fully Leased Retail Property To Busy Bees Child Care For $3.3M sale when underwriting similar retail product around Phoenix, Arizona.
On the Map
$3,300,000
Retail
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Players
Phoenix 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93