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Phoenix Industrial Showroom sells for $1.85 Million

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  • Phoenix Industrial Showroom sells for $1.85 Million
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April 18, 2014
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Karen Schutte
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2020 E Indian School Rd, Phoenix
2020 E Indian School Rd, Phoenix

The sale of 2020 E. Indian School Rd., a 25,000-square-foot Phoenix industrial showroom building was recently recorded. The sales price was $1,85 million which equates to $74 per-square-foot. The four building complex is on the northeast corner of Indian School Rd and 20th Street. The property sold to Nobel West Development LLC.

The seller was S & J Investments II LLC. The building lies on just over 3 acres of land that is zoned C-3. The Buyer contact for Nobel West Development is John Badura who can be reached at (602) 617-6885.

Steve Grossoehme of Rein & Grossoehme Commercial Real Estate represented both the Seller and Buyer

Grossoehme should be reached at (480) 214-9413.

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