National RV Company Buys Facility in Surprise, Additional Acreage for $16M

Article originally posted on Phoenix Business Journal on August 17, 2021

A national recreational vehicle company recently paid more than $16 million for a 170,625-square-foot facility it was leasing and an addtional 5.6 acres of land in Surprise as demand for RVs has continued through the Covid-19 pandemic across the country.

Lewisville, Texas-based National Indoor RV Centers, which has five locations across the U.S. and more in the works, purchased the facility for about $15.5 million in August from Rioglass Solar Inc., according to real estate database Vizzda. The company said it initially leased with an option to purchase.

The company had leased the facility for the past two years, used for RV sales as well as service repairs, collision and body work and storing the RVs.

The company also purchased land adjacent to the facility for about $1 million from Camelott Properties LLC with plans to develop a 130,000-square-foot storage facility, according to Vizzda. Both properties are located near Dysart Road and Peoria Avenue about 3.5 miles north of Luke Air Force Base and Northern Parkway.

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