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Dunn-Edwards Paints property  in Peoria sells for $3.15 million

Commercial real estate brokerage firm Marcus & Millichap announced the $3.15 million sale of Dunn-Edwards Paints, a 12,900-square-foot net-leased property located in Peoria.

The Dunn-Edwards is located at 9156 W. Peoria Ave.

Investment specialists Nick Christifulli, Mark Ruble and Chris Lind had the exclusive listing to market the property on behalf of the seller, a private investor.

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real estate

Dunn-Edwards Paints property  in Peoria sells for $3.15 million

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Commercial real estate brokerage firm Marcus & Millichap announced the $3.15 million sale of Dunn-Edwards Paints, a 12,900-square-foot net-leased property located in Peoria.

The Dunn-Edwards is located at 9156 W. Peoria Ave.

Investment specialists Nick Christifulli, Mark Ruble and Chris Lind had the exclusive listing to market the property on behalf of the seller, a private investor.

The sale included a triple-net lease with corporate guarantee and 8% rental increases every five years.

The tenant has operated at the site for more than 20 years and recently extended their lease.

commercial real estate, brokerage firms, Marcus & Millichap, land sale, Dunn-Edwards Paints, lease, property, Peoria, Arizona

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