Executive Vice President Mark Wilcke, a top producer with NAI Horizon specializing in industrial and land sales and leasing, represented the buyer, RCI Properties LLC of Albuquerque, New Mexico, in the purchase of 21.35 acres of industrial land in the Summit Business Park in Surprise, Arizona.
The sale fetched a purchase price of $4.185 million for Lots 7 and 8 at Summit Business Park, Cactus and Dysart roads in Surprise. The seller was Capital VIII, LLC of Fargo, North Dakota.
“It took several months of investigating the industrial land market to locate the right property for my client,” Wilcke said. “This site has great upside value as the City of Surprise continues its growth and support for the business community.”
RCI Properties has plans to construct a chemical management facility to service its wide range of customers.
Summit Business Park totals ±142 acres and is Foreign Trade Zone capable. It features easy access to the Loop 303 (4 miles) via a full diamond interchange at Cactus Road. It is 3 miles from Northern Parkway.
Bill Honsaker with JLL represented the seller.