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23751 N 23rd Avenue - Pinnacle Commerce Center - Bldg A, Phoenix, AZ

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23751 N 23rd Avenue - Pinnacle Commerce Center - Bldg A

NEC Pinnacle Peak & 23rd Ave
Phoenix, AZ 85085-1854 - Deer Vly/Pinnacle Pk Ind Submarket

Property Type:Flex Sub Type:R&D Status:Existing Year Built:2005
Building Size:93,725 SF Land Area:6.09 AC (265,468 SF)
Ceiling Height:22'0'' Loading Docks:No Rail:- Power:277-480v
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Zoning:I-1 Sprinklers:- Drive Ins:4 tot./8'0''w x 12'0''h Cranes:-
Parking:Free Surface spaces are available; Free Covered spaces are available; Ratio of 5/1,000 SF Amenities:Fenced Lot, Signage

The building offers prominent signage. Ideal for office, light assembly, and light manufacturing. It features state-of-the-art telecommunications including high-speed internet, satellite communications, and fiber optics. The site is locate 2 miles north of Deer Valley Towne Center and less than 1 mile from the 700-acre USAA campus.

Sale Notes:
Pinnacle Peak Commerce Center (PPCC) is situated in the Deer Valley submarket, one of the most strategic locations in all of metro Phoenix. A majority of the land surrounding PPCC is City, State or Federal Government-owned, creating a high barrier to entry in the submarket and is recently creating a rise in land prices for any proposed new development. Similarly, with robust recent momentum in market fundamentals, the Deer Valley submarket vacancy is only 5.5% (class-A/B product) vs. nearly 13% for the larger metro.

Pinnacle Peak Commerce Center fronts 23rd Avenue and is less than ½-mile east of Interstate-17 and only 3.5-miles north of the Loop 101 Freeway. Accordingly, its excellent freeway access allows any tenant the ability to travel to the East or West Valleys with ease, greatly reducing distribution timeframes. Similarly, the property is situated less than 2-miles from the Deer Valley Airport, one of the busiest general aviation airports in the nation.

Kidder Mathews
Peter Beauchamp
(714) 815-9901

Kidder Mathews
Eric Bell
(602) 513-5200

Darren M Tappen
(602) 513-5112

Michael Ciosek
(602) 513-5200

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