Commercial Properties, Inc., announced the sale of 1305 N. 27th Ave. Jeff Hays, Chad Neppl and Ryan Steele of CPI’s Tempe Industrial Group represented the buyer in this transaction.
The ±26,104 SF, Industrial Truck Terminal is located at 1305 N. 27th Avenue in Phoenix, Arizona adjacent to I-10, and just off 27th Avenue & McDowell Road.
Hays commented, ” The property offers the new owner, Ralison Properties Holding, LLC, a 55 door, cross-dock facility and a large paved site with easy access to I-10 and I-17. This site is ideal for their transloading operations receiving general cargo, paper products, tiles, wood and more.”
The sale was valued at $1.7 million ($65.00 per foot) based on ±26,104 SF situated on 5.5± acre site.
