Arizona-based Commercial Properties, Inc. (CPI) negotiated the sale of an industrial building at 6902 W. Hadley St. in Phoenix.
Lee & Associates represented the tenant, Sun Country Trailers, who exercised their lease purchase option and purchased the property for $2.55 million.
The building is approximately 51,250 square feet, and was originally built in 1996 and is situated on 6.75-acres of land.
Located just north of Buckeye Road, the property is near 67th Avenue on Hadley Street, with neighboring businesses such as FedEx Ground, Target Distribution and Amazon Fulfillment Centers. Jeff Hays of CPI’s Investment Specialists Team represented the seller, JM Wells Company, LLC.
