350-001 70-411 MB2-700 400-101 MB2-702 70-410 MB2-703 200-120 70-461 C_TADM51_731 70-462 EX300 VCP-550 70-480 C_TAW12_731 70-484 70-498 70-646 98-361 98-366 A30-327 C_BOE_30 C_TSCM42_66 C2010-597 C2020-632 C2020-701 C2020-703 C2040-408 C2040-988 C2070-581 C2150-195 C2160-667 C2180-274 C4040-226 C4090-453 CAS-001 CSSLP C-TERP10-60 E20-018 E20-918 JN0-360 MSC-321 P2080-088 PC0-001 PEGACSA-v6.2 3I0-012 500-051 640-875 640-916 642-427 642-647 642-691 650-663 700-037 70-247

Dobson Medical building sells in Mesa for $2.95 Million

Phoenix, Arizona – April 26, 2018 – This is as close to home as it gets for one valley commercial real estate advisor.  Nicole Ridberg, senior advisor with SVN Desert Commercial Advisors has some deep family roots and ties to this Dobson Medical building, dating back almost 35 years ago.  Ironically but strategically planned, she just so happens to be the lead advisor in the recent sale for the $2,950,000 of this same medical building in Mesa.

The property is located at 2204 S. Dobson Rd. in Mesa, AZ. The office building is located just south of Superstition freeway off Dobson and Baseline Roads. Ridberg has some deep family roots since her father was involved with the development of this building in 1984.  Dr. Ridberg practiced pediatrics on the first floor until he retired from medicine in 1999.  “I have followed this building through several owners,” said Nicole Ridberg. “Once I discovered it was on the market, I was able to bring a buyer.”

The sale was in escrow only 45 days with a cap rate of 7.36%.  The buyer Patrick Appleton with AZCA Investments, Inc purchased this property as an investment to leave to his children some day.  “Nicole has been extremely helpful through the purchase of this investment,” stated Appleton.  “I appreciate her being by my side every step of the way.”  The buyer, a previous owner of hotels retired from the hospitality business and is now just enjoying his own time.  SVN advisor, Mary Nollenberger was also involved with the transaction.

SVN | Desert Commercial Advisors is a full-service commercial real estate services firm providing comprehensive expertise in investment brokerage, leasing, landlord/tenant representation, analysis/valuation and market research. We specialize in multifamily, retail, office, medical/dental, and restaurant property types. Visit our website at www.SVNDesertCommercial.com for more information.

###

Media Contact: Melissa Swader
melissa.swader@svn.com

#SVNOfficeBuilding #SVNRidberg

Melissa Swader

Your Turn To Talk

Your email address will not be published.