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Queen Creek, Ariz. — Phoenix Commercial Advisors has negotiated the $13.5 million sale of Pecan Plaza Shops, an entertainment and fitness shadow-anchored multi-tenant retail center located in Queen Creek, approximately 45 miles southeast of Phoenix. Built in 2022, the 20,325-square-foot property was fully leased at the time of sale.
John Schweikert and Chad Tiedeman of Phoenix Commercial Advisors represented the seller. The sale of Pecan Plaza Shops marks the final piece of the center sold as part of the seller’s breakup strategy, which was executed in full by Phoenix Commercial Advisors. The firm previously closed the sales of the Take 5, Dutch Bros and Jack in the Box pads.