Kidder Mathews has brokered the $2,530,000 sale of an 8.9-acre commercial land parcel located at the southwest corner of Jackrabbit Trail and Encanto Boulevard in Buckeye, Arizona. Brian Rosella of Kidder Mathews represented the seller, Mountain States Exchange, LLC as Intermediary FBO La Familia Management, LLLP, in the exclusive listing assignment. The buyer was Rosemead Properties, Inc.
Positioned within half a mile of Interstate 10 and near the new Banner Health facility at Verrado, the site sits along the rapidly growing Jackrabbit Corridor—an area that has attracted significant commercial activity, including major retailers such as Fry’s. With several new employment centers planned within a five-mile radius, the property offers strong long-term potential for commercial development.
“The Jackrabbit Corridor continues to draw investor interest as retail, healthcare, and employment uses expand throughout the rea,” said Rosella. “Commercially zoned land with this kind of access and surrounding activity remains a priority for buyers looking ahead at Buckeye’s growth.”
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 53 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.