Phoenix Commercial Advisors Brokers $30.7M Sale Of Retail Center On West Mcdowell Road
West Mcdowell Road Phoenix
$30,700,000
$650/SF
Building Size
47,201 SF
Asset Type
Retail
Closing
Nov 17, 2025
AI
The transaction involved a retail asset located on West Mcdowell Road in Phoenix, AZ. The sale concluded at a total price of $30,700,000 for a newly constructed retail center encompassing 47,201 square feet on a 5.2-acre site.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $30,700,000
- Sale Date: 11/17/2025
- Market: Phoenix, AZ
- Square Footage: 47,201
- Price per Square Foot: $650
- Acres: 5.2
The brokerage Phoenix Commercial Advisors facilitated the transaction, with Danny Gardiner and Chad Tiedeman representing the parties involved in this deal.
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
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93