PHOENIX, ARIZONA (December 11, 2018) – NAI Horizon Senior Vice President Jeff Adams represented the buyer and the seller in the $1.4 million acquisition of a freestanding retail building at 460 N. Country Club in Mesa, Arizona.
Adams represented AZIZ, LLC, an Arizona limited liability company of Tempe, Arizona, in its purchase of the 32,400-square-foot property. Adams also represented the seller, Shield of Faith Christian Center, an Arizona non-profit corporation of Gilbert, Arizona.
“This transactions was a win for both sides,” Adams said. “The buyer was able to complete his acquisition of the entire arterial corner consisting of nearly 77,000 SF on roughly 7.53 acres, increasing his future flexibility. The seller is moving into a new space that better fits its needs. This was a smooth transaction with two cooperative, willing parties.”
The buyer plans to run an import business out of the building, which sits on 2.33 acres. The building also will serve as a storage facility. It features 100 percent improved HVAC system and is an arterial corner facility in Mesa.