TEMPE, AZ – ORION Investment Real Estate–Nick Miner, CCIM–is proud to announce the sale of 401 S McClintock Drive for $669,400 or $112/SF. This ±6,000 square foot industrial/retail building was constructed in 1963 and has many renovations over the years, with the most recent one completed in 2000 by the former tenant, Enterprise Rent-A-Car. The property has great frontage along McClintock Drive and is located just south of Tempe Marketplace. The buyer will be occupying the building for their business.
Nick Miner, CCIM, Vice President at ORION Investment Real Estate, noted, “This was an excellent opportunity for the buyer to acquire a freestanding building just south of Tempe Marketplace. The drive-by traffic is going to help them be successful like the former tenant Enterprise Rent-A-Car who was a tenant for over 20 years at this location.”
The property was sold by Edwin Hendricks, and purchased by Chen Wang.