Just Sold Prescott Valley Retail Center to RG3MHR, LLC

The sale of Prescott Valley Retail Center, a 9,000 square foot shopping center, occupied by Aspen Dental, T Mobile, Papa Johns, Smoke’m, and Subway, built in 2000 was recently recorded. The location of the property is 7584 E SR 69, Prescott Valley, AZ. The property sold to RG3MHR, LLC, an Arizona limited liability company. The seller was WPP-PRESCOTT, LLC, an Arizona limited liability company. The sales price was $3,520,000 which equates to $391.11 per square foot. The building was 100% occupied at closing.

Jim Edwards of Rein & Grossoehme Commercial Real Estate represented the buyer. Jim Edwards specializes in the leasing and sale of retail property.

Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing.

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