Phoenix, Arizona – The southeast valley continues to see consistent growth in Mesa, Chandler, Gilbert, Queen Creek and San Tan Valley. SVN Desert Commercial Advisors represents over forty active property listings in the southeast valley. Director of Retail Leasing & Sales Investments, Rommie Mojahed worked with the seller in the sale of this $1.17M PAD located on the SEC of Gantzel & Pecan Road in San Tan Valley.
The seller, The Peltcs Trust C/O Bergin, Frakes, Smalley & Oberholtzer PLLC sold the 60,000 square foot area to Scottsdale buyer, Tuck Bettin with Express 25, LLC. The deal began back in 2018 and Mojahed stated, “This deal had a lot of hurdles including some sewer issues, irrigation setbacks and some other issues that created a long delay in the sale.” Cobblestone Auto Spa will join Dutch Bros and Dunkin Donuts. In addition, it is in Pinal County’s newest and largest residential community
“The buyer and seller worked together for a “win-win” and made this a successful transaction,” said Mojahed. The new buyers have already begun construction on the 60,000 square foot property.