Phoenix, Arizona – The southeast valley and surrounding communities of Queen Creek and San Tan Valley will be pleased to learn that a brand-new Cobblestone Auto Spa will be soon under construction at the corner of Hunt Hwy & Ellsworth. Director of Retail Leasing & Sales Investments, Rommie Mojahed with SVN and Advisor, Lindsey Dulle represented the buyer and seller in the $2.1 million dollar sale.
The seller, MBD Empire, LLC sold to Cobblestone Phoenix Propco, LLC for $2,095,000. The lot size was just over 2.5 acres. “We are happy to see this one get done for both our seller and Cobblestone Car Wash,” said Dulle. “Cobblestone is actively expanding in the market, and this is going to be an excellent location for them in the Southeast valley.” In addition to the car wash, the new owners will add some additional retail on the property as well. A unique coffee concept will be built on the PAD right by the car wash. This is the 4th Cobbletsone transaction with the SVN advisors, specifically in the southeast valley.
Director Rommie Mojahed stated, “There is so much growth in this area. Buyers are looking at this area, not only for these types of owner-user developments, but also for the long-term investments.” The property is located on Hunt Highway, which is the main road and high traffic counts between Queen Creek to San Tan Valley and a 30-minute drive into the Town of Florence. The new car wash will also be across the street from the San Tan Flat shopping center and the large U-Haul storage center.
For more information on the parcels still available in Queen Creek, San Tan Valley, or the Town of Florence, you can reach Rommie Mojahed at SVN | Desert Commercial Advisors in Phoenix, AZ.