PHOENIX, AZ – A freestanding industrial showroom/warehouse at 18453 N. 7th Ave., Phoenix, has sold to a veterinary business for $1,374,000 or $122.94 per SF. The buyer, 1st Pet Vet Centers, will occupy the entire space.
Lee & Associates principals Mark Linsalata and Jerry Marrell negotiated the transaction on behalf of the seller, Kuipers Family Trust, Scottsdale. Geoffrey Waldrom of Newmark Knight Frank, negotiated for the buyer, 1st Pet Vet Centers, Northwest Valley, LLC, Chandler.
1st Pet Veterinary Centers is a 24-hour, primary, specialty and emergency practice with offi ces in Chandler, Mesa and North Phoenix.
The property, built in 2002, sits on nearly one acre of land. It features 4 drive-in doors, 1 exterior dock, 14’ clear height and 30 free surface spaces. The property has excellent street frontage and is close to the Loop 101 Freeway.
For more information, Linsalata can be reached at 602.912.3539 and Marrell is at 602.954.3744.