Phoenix Industrial Facility Sells for $2.93 Million

Matt Hobaica
Matt Hobaica
Four buildings totaling 18,496 square feet on 11.58 acres of land at 8164 W. Buckeye Rd. in Phoenix, has sold for $2,925,000. The transaction was recorded on September 8.

Lee & Associates principals Matt Hobaica, Allen Lowe and TJ Swearengin negotiated on behalf of the owner, MidFirst Bank. Hobaica secured the buyer, EMC Holdings, LLC of Phoenix which will use the property for their truck transportation business.

The property located at 83rd Ave. and Buckeye Rd. is currently being used as a trucking facility and features heavy industrial zoning and multiple service bays. The site is fully-fenced with rolling gates and has a two-acre, hard corner parcel within the property that can be sold or leased for a retail pad opportunity (Contact Hobaica for further details on the parcel).

The site is close to major transportation corridors such as I-10 and the Loop 101 and is 15 minutes to Phoenix Sky Harbor International Airport.

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