PHOENIX, ARIZONA– NAI Horizon Senior Vice President Jeff Adams represented the buyer and the seller in the $1.4 million acquisition of a freestanding retail building at 460 N. Country Club in Mesa, Arizona.
Adams represented AZIZ, LLC, an Arizona limited liability company of Tempe, Arizona, in its purchase of the 32,400-square-foot property. Adams also represented the seller, Shield of Faith Christian Center, an Arizona non-profit corporation of Gilbert, Arizona.
“This transaction was a win for both sides,” Adams said. “The buyer was able to complete his acquisition of the entire arterial corner consisting of nearly 77,000-square-feet on roughly 7.53 acres, increasing his future flexibility. The seller is moving into a new space that better fits its needs. This was a smooth transaction with two cooperative, willing parties.”
The buyer plans to run an import business out of the building, which sits on 2.33 acres. The building also will serve as a storage facility. It features 100 percent improved HVAC system and is an arterial corner facility in Mesa.