Tempe Restaurant Building Sold for $1.2M

A Sale Transaction for a 5,221 sf Restaurant Building known as Riazzi’s Italian at 2700 S. Mill Ave in Tempe, AZ recently sold for $1,200,000 ($229 per sf), the buyers are the owners of Boulder’s on Broadway and Spoke’s on Southern restaurant and craft beer houses under Geryol Briggs, LLC. The seller was Riazzi’s Survivors Trust.

Jared Lively of Rein & Grossoehme represented the Buyer on this transaction.

Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing.

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