August 20, 2014


CPI sells 11KSF retail building in Mesa

Commercial Properties, Inc., announced the sale of a 10,992 SF freestanding, retail building located at 1021 E Main Street in Mesa, Ariz., to Northern Partners Holding, LLC. Rex Griswold of CPI’s Tempe office represented the seller in this transaction.

1021 E. Main St. is a single-tenant, retail building with frontage on Main Street.  The building was formerly owned by Sebariz, LLC.  The building was built in 1995 and is located just west of Stapley Drive, on Main Street which has traffic counts of approximately 30,965 vehicles per day.

The sale was valued at $720,000 ($65.50 per foot).