Phoenix, Arizona (December 19, 2024)—A prominent retail property in Gilbert, Arizona, was successfully sold for $2.26 million in less than 30 days, marking a swift and efficient closing.
The seller, Jack Berg Family LP, purchased the property a few years ago through CRE8 Advisors, facilitating this latest sale. Their continued partnership highlights the brokerage’s long-term client relationships and expertise in managing commercial real estate transactions. In the most recent transaction, CRE8 Advisors, Rommie Mojahed and Senior Advisor, Lindsey Dulle also co-listed the property with Bob Broyles from Colliers.
"We are proud to have played a pivotal role in the purchase and sale of this prime retail property,” said Mojahed, Partner at CRE8 Advisors. “The timely escrow allowed for a seamless and expedited closing, benefiting both parties.”
The retail asset, located in a highly desirable area of Gilbert, attracted significant buyer interest due to its strategic location, drive-thru capabilities, and growth potential. The trusted relationships underscored the parties’ mutual trust and shared confidence in the property’s long-term investment value. The new owner, Brad Young, who was solely represented by CRE8 Advisors, will maintain ownership for an investment property located at 4828 S. Vista Dr.
The freestanding building is 4,080 square feet and is located on the southwest corner of Queen Creek and Val Vista Roads. It is now listed for lease with CRE8 Advisors.
The sale reinforces the brokerage’s continued success in representing commercial property owners throughout Arizona. Their strategic marketing approach, market knowledge, and dedication to client service and long-term relationships have earned them a reputation as a leader in the region’s competitive commercial real estate market.
For more information about the new lease details for the building, you can visit their website at www.CRE8advisors.com.