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

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

PEORIA, AZ – December 16, 2014 – (RealEstateRama) — A 4-acre industrial property with two buildings totalling 18,373 SF at 12268 N. 92nd Dr. in Peoria sold for $2,100,000 or $114.30 per SF.

Matt Hobaica, Principal with Lee & Associates 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 SF and 4,273 SF. Both feature fi re sprinklers, grade level doors, offi ce space and is fully fenced with two gates.

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

For more information: Matt Hobaica, Principal
602.954.3755

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