PHOENIX, ARIZONA (March 3, 2022) – NAI Horizon represented the seller in the disposition of the last remaining property in the seller’s income portfolio, a storefront retail/office building in Buckeye, Arizona.
NAI Horizon First Vice President Christopher Lewis represented Choices in Community Housing, Inc., of Buckeye with the disposition of its entire portfolio over the last 12 months. The 3,100 SF retail/office asset is at 303 N.4th St., in Buckeye. The sale, which includes a parking lot at 307 N. 4th St., fetched $425,000.
“It was pretty nice to see all of their properties being sold at above list and allowing them to move on to other endeavors,” Lewis said.
The property, which is approximately 40 miles west of Phoenix in Downtown Buckeye, sits on .11 acres. The one-story, single-tenant asset was built in 1949.
“Our experience with Christopher Lewis and NAI Horizon has been exceptional, to say the least,” said Rick Wilson, Principal with Choices in Community Housing. “It has been a delightful experience working with Christopher, who displayed a high level of professionalism and an in-depth understanding of the Phoenix market, which I attribute to the sale of our properties being sold above the actual list price.”
The buyer, CRS Residential, Inc. of Phoenix, was represented by Doreen Coutelin with SJ Fowler Realty.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit www.naiglobal.com.