PHOENIX, Arizona – ORION Investment Real Estate recently negotiated the land site located at 645 East Baseline Road in Phoenix for $1.87 million ($8.77 PSF). Situated on the southwest corner of Baseline Road and Maradian Way, the vacant land totals ±4.89 acres and is zoned C-2. It is located adjacent to a Walgreens and surrounded by other retailers and fast food restaurants, such as Burger King, Taco Bell, Subway and Discount Tire.
Nick Miner, CCIM, Senior Vice President at ORION Investment Real Estate, represented the Buyer, Mountain Park Health Center (MPHC), in this transaction. Miner said, "After several years of trying to acquire the parcel for MPHC, it finally came to a reality." This was MPHC's second land transaction with Miner in the immediate area. "This will help MPHC further expand their footprint in the immediate area and continue to build on their mission of working with the communities it serves to sustain and improve health, by providing affordable primary care," continued Miner.
The Seller was South 7th Street Investments, LLC.