Land in the City of Chandler, or the southeast valley property to be exact, is getting a little hard to come by these days. There is a decrease in property availability but this local investor was sure to get the best deal on these 3.54 acres in Chandler.
Director of Retail Leasing & Sales Investment, Rommie Mojahed with SVN Desert Commercial Advisors in Phoenix represented the buyer, Klusman Family Holdings, LLC, a long-time client in the transaction. The property is located on the southwest corner of McQueen & Pecos Rd. It is only one mile east of the 87 freeway and just one mile north of the 202, Santan freeway. The Chandler airport center is less than two miles away as well. The seller, Brent Hickey with Copperstate West Inc. has owned the parcels for many years and just felt it was time to sell. The seller has no other plans with the profits from the $1,950,000 sale.
Director, Mojahed said, “The buyer will deliver retail PADS for specific users. There is a gross lease in place already and there may be some other users, such as coffee, fast food and more future retail.”