The sale of 4117 N 16th St., a 5,000 square foot restaurant built in 1965 was recently recorded. The property sold to Ingallina’s Boxed Lunch. The seller was 4117 N 16th St. LLC. The sales price was $795,000 which equates to $159 per square foot. The building was vacant at closing and the buyer plans to occupy the building.
Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the buyer. For more information regarding the above listed transaction, contact Richard Mackay at 480-214-9427 or RMackay@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.