facebook
Traded Co logo
Submit
Daily limit: 0/10

Junam Enterprises Inc Purchases Retail Center In Phoenix From Dayanim Real Estate Corporation For $10.6M

Property Image
SOLD
$10,600,000
Nathan Thinnes
Peter Beauchamp
+ 1

Arizona

See Similar Deals
Retail70,439 SF
Sold 01/24/2025
the dealplayerscompscontact
Property Image
SOLD

Junam Enterprises Inc Purchases Retail Center In Phoenix From Dayanim Real Estate Corporation For $10.6M

3434 West Greenway Road

See Similar Deals
Retail70,439 SF
Sold 01/24/2025
Nathan Thinnes
Peter Beauchamp
+ 1
Contact now

Summary

ARIZONA
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:70,439 SF
Transaction Type:Sale

A retail center located at 3434 West Greenway Road in Phoenix, AZ, was sold for $10,600,000. The property encompasses 70,439 square feet and is priced at $150 per square foot. The retail center is anchored by Smart & Final and Aaron’s.

Summary of transaction details:

Players

Darren Tappen
6 deals$72.6M volume
BROKER

Nathan Thinnes
Kidder Mathews
5 deals$66.9M volume(602) 550-5671
BROKER

Peter Beauchamp
Kidder Mathews
3 deals$49.7M volume(949) 557-5010
BROKER

Patrick Gardner
Kidder Mathews
1 deal$10.6M volume(714) 747-4858
BROKER

Details

SOLD
IMAGE: 01/24/2025 ADDRESS: 3434 West Greenway Road MARKET: Phoenix, AZ ASSET TYPE: Retail BUYER: Junam Enterprises, Inc SELLER: Dayanim Real Estate Corporation BROKERS: Darren Tappen, Nathan Thinnes, Patrick Gardner & Peter Beauchamp - Kidder Mathews SALE PRICE: $10,600,000 SF: 70,439 ~ PPSF: $150 NOTE: Kidder Matthews brokered the $10.6 million sale of Rancho Encanto, a 70,439-square-foot retail center in Phoenix, anchored by Smart & Final and Aaron’s. The seller was Dayanim Real Estate Corporation, and the buyer, Junam Enterprises, Inc., retained Kidder Matthews to manage the property.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$565,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$37,659.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$50,249.41
Annual Debt Service$602,992.89