PHOENIX, AZ (October 30, 2024) - The sale of 1620 S. 27th Ave. in Phoenix, AZ 85009, a C-3 zoned ±0.60 acre (26,136 SF) parcel with ±7,100 square feet of buildings recently sold for $1,295,000 ($182 PSF).
The property was ideal for the industrial or automotive facility, with private office space, indoor storage/warehouse area, four (4) grade-level doors, and ample clear height. It was fully fenced and secured and located less than one mile from I-17 with frontage on 27th Avenue.
Patrick Sheehan, Max Schumacher, and Jack Hansen of Rein & Grossoehme represented the seller.
Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing. Since 2022, the Sheehan Schumacher team has closed over $324 million, consistently selling more single-tenant industrial buildings than any other team, with over $90 million transacted so far in 2024.