By Real Estate Daily News
Phoenix, Arizona (October 1, 2025) – CRE8 Advisors, a leading commercial real estate brokerage firm based in Phoenix, is pleased to announce the successful sale of 17 acres of prime commercial Queen Creek acreage for a little over $14 million.
The property, located at SR-24 and Meridian–Pecos Road, offers premier frontage along both the freeway and Meridian Road, providing exceptional visibility and access. Positioned within a thriving commercial corridor anchored by major national and regional users, including Circle K, which is currently under escrow for the hard corner. The site is improved with utilities, curbs, and gutters already in place and ready for development if the new owners choose to proceed in this direction.
The seller, Meridian 17, LLC, has sold it to Horne 1200, LLC, and CRE8 Advisors Partner Rommie Mojahed, and Senior Advisor, Lindsey Dulle, represented both parties in the transaction. The property entered escrow on August 11th and was acquired by the Horne family through a 1031 Exchange. The new owners are prominent auto dealers in the valley, and it was a great investment for them.
