Just Sold for $246 per SF

The sale of the Marcos Draperies Building, an 8,952 square foot retail showroom built in 2008 was recently recorded. The location of the property is 4305 E. Bell Road in Phoenix, Arizona. The property sold to Dunn-Edwards Corp., who plans to occupy the building. The seller was Frushon Family Living Trust. The sales price was $2,200,000, which equates to $245.76 per square foot. The building was vacant at closing.

Mark Rein of Rein & Grossoehme represented the seller. Mark Rein specializes in the sale of shopping centers and has sold 94 such properties over the years. For more information regarding the above listed transaction, contact Mark Rein at 480-214-9414 or Mark@RGcre.com.

Specializing in commercial real estate for over 20 years, Rein & Grossoehme is consistently recognized as a market leader in Arizona and provides services in retail leasing and sales, office leasing and sales, industrial leasing and sales, land and pads, self storage properties, multi-family properties, single tenant triple net leased properties, and tenant representation.

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