Phoenix, Arizona – Phoenix Commercial Advisors facilitated the sale of Camelback 101 Plaza, a shop building adjacent to Youfit and In-N-Out Burger. The shops, located on 1.85 acres on the southeast corner of Loop 101 and Camelback Road at 9611 W. Camelback Road, Phoenix, sold for $3,700,000 or $237 per square foot.
The 15,635-square-foot building was 100 percent leased to a mix of national and local service retail and restaurant tenants, including Boost Mobile, Armstrong McCall and JJ’s Grill. John Schweikert and Chad Tiedeman at Phoenix Commercial Advisors represented the seller in the transaction.
“This was a quick closing, happening in under 60 days. The location of this property is strong being that it’s at the intersection of Camelback and Loop 101, and that gives investors assurance.” – John Schweikert
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.
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