Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a 10,992-square-foot freestanding, retail building located at 1021 E Main Street in Mesa, Arizona to Northern Partners Holding, LLC. Rex Griswold of CPI’s Tempe Office represented both the buyer and seller in this transaction.
1021 E Main Street is a single-tenant retail building with frontage on Main Street. The building was formerly owned by Sebariz, LLC. The building was built in 1995 and is located just west of Stapley Drive on Main Street, which has traffic counts of approximately 30,965 vehicles per day.
The sale was valued at $720,000 ($65.50 per foot).