2080 & 2090 North Dobson Road, Chandler, AZ

CHANDLER, Arizona – Situated at the northwest corner of Dobson Road and Warner Road, and anchored by a premier LA Fitness, Valle Del Sol buildings sold in two separate transactions. Part of a six-building retail development, 2090 North Dobson Road sold for $2,075,000 ($268 PSF) and 2080 North Dobson Road sold for $1,560,000 ($305 PSF). Located at a busy, signalized intersection with +/- 61,000 vehicles passing per day, the properties benefit from excellent traffic counts and exposure. LA Fitness and Lee Lee International Market, currently a 100% leased center, both draw thousands of customers each day to the intersection. In addition, the intersection includes Walgreens, CVS Drugstore, Jack in the Box, Starbucks and McDonald’s β€”all significant traffic generators.

Judi Butterworth and Lacey Eyman of ORION Investment Real Estate represented the seller in both transactions. Butterworth said, “Valle Del Sol is a successful development located in a great Chandler neighborhood. The out-of-state Buyer bought both properties, which offer visibility, signage, attractive landscaping and unique architectural features. The stable trade area offers a high-income, well-educated customer base.” The buildings were fully occupied at close of escrow.

The seller was Arizona-based BCB-WB Partners, LLC. The buyer, represented by Jason Lamoreaux of Coldwell Banker Commercial, was AVD Land 2 LLC.

 

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