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Upscale Peoria Contractor Facility Sells to Owner/User for $2.1 Million

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  • Upscale Peoria Contractor Facility Sells to Owner/User for $2.1 Million
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December 17, 2014
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Karen Schutte
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12268 N 92nd Street, Peoria, AZ
12268 N 92nd Street, Peoria, AZ

PEORIA, AZ – A 4-acre industrial property with two buildings totaling 18,373-square-feet at 12268 N. 92nd Dr. in Peoria sold for $2.1 million ($114.30 PSF).

Matt Hobaica, Principal with Lee & Associates in Phoenix brokered the transaction. The seller was One Cat Development Co., LLC of Peoria. The buyer was JAG Properties III, LLC of Shawnee, Kansas, dba Reddi Services. They will occupy the facility for their plumbing and HVAC operations.

The property features two industrial buildings; 14,100-square-feet and 4,273-square-feet. Both feature fire sprinklers, grade level doors, office space and are fully fenced with two gates.

The property is strategically located near the Loop 101 and Cactus Road and provides easy freeway access.

To learn more Matt Hobaica, Principal at Lee & Associates Arizona, can be contacted at 602.954.3755

 

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