Phoenix · Commercial sale

GB Investments buys 11690 N 132nd Ave in Surprise for $22.85 million

An industrial property at 11690 N 132nd Ave, Surprise sold for $22,850,000 on August 11, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 11690 N 132nd Ave, Surprise with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Maricopa County Assessor. The photo can predate the sale.
Sale price
$22,850,000
Sold
August 11, 2026
Property type
Industrial property
Lot size
751,711 sq ft
Year built
2013

An industrial property in Surprise sold for $22,850,000 on August 11, 2026, exceeding the Maricopa County Assessor's market value of $21,656,500, according to parcel records.

GB Investments Inc and RHM Surprise LLC purchased the 17.26-acre property at 11690 N 132nd Ave, the deed shows.

The building was constructed in 2013, according to the Assessor's records.

What this sale costs to close

What does closing cost at this price? Under Maricopa County custom the seller's larger charges are $42,305 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $22,723,233 before brokerage commissions and any loan payoff. A cash buyer would need about $22,766,918 at closing.

Customize this net sheet

11690 N 132nd Ave, Surprise, AZ.

Source: Maricopa County Assessor parcel records, document 20260473119. Property details: Maricopa County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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