240 N. Freeport Drive in Nogales, Arizona
NOGALES, ARIZONA (April 29, 2025) — Delta Properties, LLP has acquired an 8,257-square-foot executive office building at 240 N. Freeport Drive in Nogales, Arizona. The property was purchased from Joffroy Holdings, LLC for $800,000.
Built in 1983, the two-story building sits on a 0.55-acre parcel (APN 113-49-019C) is zoned B-2 (General Business). Formerly occupied by United Parcel Service (UPS), the property was vacant at the time of sale. Strategically located near the Mariposa Port of Entry, the building offers large open office areas, multiple private offices, and conference rooms.
Delta Properties intends to lease the property, which is currently available at $16.00 per square foot per year on a triple-net (NNN) basis. Cushman & Wakefield | PICOR handles the leasing, with Stephen D. Cohen, Principal, and Jose Dabdoub, International Specialist, serving as the listing agents.
Stephen D. Cohen, Principal, and Denisse Angulo-Badilla, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in the transaction. Jose Dabdoub, former Industrial Specialist with the firm, also assisted in representing the seller.
Joffroy Holdings, LLC is associated with Joffroy Group, located at 1251 N. Industrial Park Avenue in Nogales, Arizona.
For leasing inquiries, contact Stephen Cohen at (520) 546-2750 or Angulo-Badilla at 520.546.2736. Jose Dabdoub can also be reached at 520.980.0282 for more information on the sale.
Reference: RED Comp #11879