The sale of 731 W Fairmont Dr in Tempe was recently recorded. The property consists of a 28,080 SF Class B industrial building on 1.65 acres in the Tempe East submarket. The transaction closed at a sale price of $5,800,000, or $206.55 per square foot, in an owner-user sale.
Patrick Sheehan and Max Schumacher, SIOR, of Rein & Grossoehme Commercial Real Estate represented the seller.
Related: Phoenix industrial real estate · Phoenix industrial property valuation · View this transaction →