Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, announced the sale of an industrial manufacturing building in the Southeast Valley in Chandler, Arizona. The 25,000 SF building is situated on 1.93-acres in the SouthPark Business Center located at 6145 W Detroit Street. Constructed in 1995, the property is conveniently situated off Chandler Boulevard and Kyrene Road which is just minutes from the I-10 and Loop 202 SanTan freeways.
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Jeff Hays, Sr. Vice President – Corporate Services on the Sales & Leasing Team at Commercial Properties Incorporated represented the owners, Paul & Marilyn Teagle Family Trust, as well as the buyer, 5970 Marion Drive, LLC. Hays commented, “The property is fully air-conditioned with heavy power, overhead bridge cranes, an auxiliary generator, and a fenced yard for equipment storage.”
5970 Marion Drive, LLC purchased the property for $4,080,000 or $163.20 per square foot.