Peter McQuaid, Greg Vanlerberghe and Erin Schrauth, retail leasing agents at the Phoenix office of Sperry Van Ness, represented the seller in negotiating the $300,000 sale of the 15,165 SF Tacos Jalisco restaurant at 7150 E. Thomas Rd. in Scottsdale.
The building is a freestanding, drive-up former restaurant that closed last year. It has been marketed several times with multiple parties and Sperry Van Ness was finally able to find a buyer and close escrow within 60 days.
“Our team was happy to help our seller find a solution to the property he wanted to dispose of,” McQuaid said. “We’re thankful we could get the seller a fair price.”
The new owner is actively seeking a tenant to fill the space and will most likely stay a restaurant use.
Sperry Van Ness also negotiated the sale of a 5-acre retail pad in Mesa. McQuaid and Vanlerberghe represented a local active buyer to purchase the property at the SWC of Power and Ray roads in Mesa. The property closed at a sales price of $1.525M.
“This parcel is in a prime location just outside of the Phoenix Mesa Gateway Airport area,” Vanlerberghe said. “We see great value in this property with potential sales to hotels, retail pads and build to suit opportunities.”
The property is across from Vestar’s Gilbert Gateway Towne Center and is located just south of the Loop 202 Santan Freeway.
Other recent SVN leasing deals:
>> Trenton McCullough leased two spaces at Country Club Square, 635 N. Country Club Dr. in Mesa. An 825 SF space was leased to El Carbon and a 3,300 SF space was leased to Super Carniceria Los Primos.
>> Madison Avenue Spa and Salon will be opening at Oasis at the Islands shopping center, 81 S. McQueen Rd. in Gilbert. Trenton McCullough and Barbara McKenney represented the landlord in the 1,879 SF lease transaction.
>> Peter McQuaid, Greg Vanlerberghe and Erin Schrauth represented the landlord to lease 840 SF to Superior Mobile Home Services at Main Street Properties in Mesa.
>> Quick and Easy Market occupied 1,500 SF at The Shops at Ray, 135 E. Ray Rd. in Chandler. Mary Ridberg and Rommie Mojahed represented the landlord.
>> Mary Ridberg and Rommie Mojahed leased 800 SF to New Vision Financial at Cooper Crossing, 1561 N. Cooper Rd. in Gilbert.
>> Elements Therapuetic Massage is under construction at its newest location at Arrowhead Center in Peoria. Peter McQuaid, Greg Vanlerberghe and Erin Schrauth represented the tenant occupying 2,600 SF. Arrowhead Center is at the SWC of 75th Ave. and Bell Rd.
>> Yogurtini Self Service will open 1,600 SF at Macayo Plaza at the SWC of Bell and Reems roads in Surprise. Peter McQuaid, Greg Vanlerberghe and Erin Schrauth represented the tenant.