Business

Vacant tile retail building in Mesa sold for $1.65M

Posted 5/3/21

NAI Horizon represented the seller in the $1.65 million disposition of a building in Mesa that formerly housed a long-standing national tile retailer that went out of business.

NAI Horizon Senior …

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Business

Vacant tile retail building in Mesa sold for $1.65M

Posted

NAI Horizon represented the seller in the $1.65 million disposition of a building in Mesa that formerly housed a long-standing national tile retailer that went out of business.

NAI Horizon Senior Vice President John Filli represented the Peter & Phyllis Eichman Trust of Green Valley in the sale of the former “A World of Tile” building at 2121 S. Power Road in Mesa, according to a release.

The 14,060-square-foot asset is on 1.43 acres of commercial land. The former tenant filed bankruptcy and vacated the building prior to it being offered for sale, which resulted in the cancellation of a 10-year lease, the release states.

The buyer, KFH 2121 Power Road LLC of Phoenix, was represented by Aaron Klusman with Camelback Partners.

For more information, go to naihorizon.com.

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