Tempe Drive-thru Retail Sells for $3M+

Papago Hills, an 11,646 square foot freestanding retail center, sold for $3,025,000 ($260/SF). The property is located on the northeast corner of Priest Drive and Washington Street in Tempe. Arizona State University, Phoenix Municipal Stadium, Phoenix Zoo, and Papago Golf Course are all nearby. Many developments are currently underway in the blooming city of Tempe,…