±25,000 SF Industrial Manufacturing Building Sold in Chandler, Arizona for $4.08M

COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF AN INDUSTRIAL OFFICE/WAREHOUSE WITH A SECURED YARD IN CHANDLER, AZ

March 25, 2022 — Chandler, Ariz: Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial manufacturing building in the Southeast Valley in Chandler, Arizona. The 25,000 SF building is situated on 1.93-acres in the SouthPark Business Center located at 6145 W Detroit Street. Constructed in 1995, the property is conveniently situated off Chandler Boulevard and Kyrene Road which is just minutes from the I-10 and Loop 202 SanTan freeways.

Jeff Hays, Sr. Vice President – Corporate Services on the Sales & Leasing Team at Commercial Properties Incorporated represented the owners, Paul & Marilyn Teagle Family Trust, as well as the buyer, 5970 Marion Drive, LLC. Hays commented, “The property is fully air-conditioned with heavy power, overhead bridge cranes, an auxiliary generator, and a fenced yard for equipment storage.”

5970 Marion Drive, LLC purchased the property for $4,080,000 or $163.20 per square foot.

For additional information, please contact Jeff Hays at jhays@cpiaz.com or (480) 889-2552.

About Commercial Properties Inc.

Established in 1981, Commercial Properties Inc. (CPI) is a full-service brokerage and property management firm for all product types of commercial real estate. Headquartered in Tempe, the company has more than 65 brokers and is operating throughout the Phoenix metropolitan area. Currently, CPI’s listings include over 21.6 million square feet for sale/lease with more than 210 projects and associations under management, totaling over 14 million square feet.

CPI is the Phoenix affiliate of CORFAC International, comprised of privately held brokerage and property management service providers in 75 national and international markets.

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