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Via Linda Crossroads Retail Center in Scottsdale sells for $7.8 Million

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  • Via Linda Crossroads Retail Center in Scottsdale sells for $7.8 Million
News
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December 3, 2021
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Real Estate Daily News Service
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SCOTTSDALE, ARIZONA -- The sale of Via Linda Crossroads, a 27,310 square foot shopping center, built in 1987 and extensively remodeled in 2018, was recently recorded. The location of the property is the southeast corner of 90th Street & Via Linda in Scottsdale, Arizona. Cascade Range Investments LLC was the investor. The seller was Ocean Breeze- Dawn LLC.

The property had a sales price of $7,806,206, which equates to $286 per square foot and was 88.5% occupied at closing.

Mark Rein of Rein & Grossoehme represented the seller and the buyer. Mark Rein specializes in the sale of shopping centers and has sold 106 such properties over the years.

Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing.

For more information, Rein should be contacted at 480.214.9400.

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