SVN® Auction Services, a national provider of date-specific sales and special asset solutions, and Phoenix-based Insignia CRE, are coordinating the sale of a commercial building in Phoenix that was the former location of a state-of-the-art data center. Located at 3830 N. 7th Street, the property will be offered in an online-only auction May 5 – 10.
Located in Central Phoenix, in one of the most desirable and fastest growing areas, the property features a minimum bid of less than 60
percent of a recently commissioned third party 2015 appraised value.
For information, photos and registration, visit www.PhoenixDCAuction.com.
The property features 14,249 square-feet of office/warehouse space situated directly on 7th Street with excellent visibility and frontage. It is turn-key ready for another data center or other commercial adaptation and features extensive electrical upgrades and ample parking.
Leading the sale effort on behalf of SVN Auction Services are industry veterans Louis Fisher, CAI, and David Gilmore, CCIM, CAI, AARE.
Rounding out the team are Phoenix-based advisors Neil Sherman and Shane Benjamin of Insignia CRE, who are providing their depth of local market expertise in assisting with the transaction.