SOLD: Office Building on Light Rail Line in Phoenix, AZ

 

Vista Income Estates One

ORION Investment Real Estate is proud to announce the sale of a single-tenant office building for $670,000, or $60.21/SF. The property is located along the recently opened light rail line in Phoenix, Arizona.

Nick Miner, CCIM, Vice President at ORION Investment Real Estate, says, "The Buyer is a non-profit and was looking to relocate their corporate headquarters." Miner further explains, "This property give them expansion space down the road for future needs"

The property was sold by the Hunn Family Trust, and purchased by MIKID. The property was completely vacant at time of sale and the Buyer is going to completely remodel the property to fit their needs.

For more information, contact me!

 

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