Phoenix, Ariz. – Phoenix Commercial Advisors closed on Raising Cane’s, Wednesday, May 17. The property, located on 1.25 acres on the southwest corner of Civic Center Drive and Bell Road at 14385 W. Bell Road in Surprise, Ariz., sold for $4,174,000, or $1,154 per square foot. The brand-new, 3,616-square-foot building closed at 100 percent of the asking price.
Steven Underwood and Chad Tiedeman at Phoenix Commercial Advisors represented the seller, Bell Road Surprise AZ, LLC, in the transaction. The transaction is one of 11 retail investment property sales for the Phoenix Commercial Advisors’ Investment Team in 2018.
“Thompson Thrift has been the perfect client and delivered an exceptional property in a dynamic submarket.” – Steven Underwood
Phoenix Commercial Advisors
Formed in 1994, Phoenix Commercial Advisors is a commercial real estate services company. The company specializes in retail commercial brokerage in Phoenix, Tucson, and surrounding Arizona communities, providing leasing services, tenant and landlord representation, investment sales and redevelopment services to local and national retailers and property investors. Offering the expertise of 250 combined years of experience, Phoenix Commercial Advisors is also member of ChainLinks Retail Advisors, the premier national retail platform connecting elite brokerage companies across the top 50 North American markets.