Phoenix, AZ – Iron Springs Shell Gas Station recently sold for $1 million for redevelopment. Located at 6807 East Baseline Road, at the southeast corner of Baseline Rd and Power Rd in Mesa, Arizona. The property sold to Evergreen Development Company, a developer.
The gas station had stopped operating at closing and is scheduled for redevelopment as a dual tenant retail by the investor. Smash Burger will be one of the tenants along with one other.
Jim Edwards of Rein & Grossoehme Commercial Real Estate in Phoenix represented the seller.
Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing.