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4323 E Cotton Center Boulevard - Allred Cotton Center, Phoenix, AZ

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4323 E Cotton Center Boulevard - Allred Cotton Center

Phoenix, AZ 85040-8853 - S Airport N of Roeser Ind Submarket

(2.8 MB)

Property Type:Flex Sub Type:Light Distribution Status:Existing Year Built:2001
Building Size:35,262 SF Land Area:2.1 AC (91,476 SF)
Ceiling Height:25'6'' Loading Docks:No Rail:- Power:1,200a/277-480v 3p
For Sale Price:$5,850,000 Price/SF:$165.90
Cap Rate:-
Zoning:CP/BP, Phoenix Sprinklers:- Drive Ins:8 tot./8'0''w x 10'0''h Cranes:-
Parking:Free Surface spaces are available; 23 Covered spaces are available; Ratio of 4.14/1,000 SF

All the buildings have second floor mezzanine available. The buildings feature high performance reflective glass, fiber, and power. Grade level loading is available at any of 8 service doors and dock high loading is available on request. A complete fiber optic network is brought directly into each building. The SRP District Cooling System located within the development may offer the building's owners and tenants lower capital costs for tenant improvement and monthly savings in utility costs. The enhanced reliability in electrical service provided, reduces both the frequency and length of any outage time. The Allred Cotton Center features lush landscaping and has access to back-up electrical service.

Sale Notes:
Subject Property consists of a +/- 35,262 SF fully-leased, two-story, single-tenant, Class A flex Office/Industrial building situated on +/-2.10 acres of I-P zoned land located at 4323 East Cotton Center Blvd., City of Phoenix, Maricopa County, Arizona 85040 within the +/-280 acre Cotton Center Business Park.

Property features include:
• Corporate Identity and high quality curb appeal
• Executive offices, conference rooms, training rooms, larger showroom
• Wired for call center use
• Plug & Play Furniture in place and included in the sale
• Audio/Visual and Room Management Systems throughout
• Large Lunch Break Room
• Private Elevator and two Dedicated Stairwells
• 25’ 6” Clear Height
• 40’ x 60’Column Spacing
• Two Grade Level Loading Doors
• 113 parking spaces (90 regular and 23 covered)
• A Parking Ratio of 4.14 per 1,000
• Fully Sprinklered throughout
• Fully Air Conditioned throughout
• Masonry Construction
• The building features high performance reflective glass, complete Fiber Optic Network, and ample power (1200Amp/480/277V/3 PH Service)
• 100% Percent Leased with two Tenants -----Interior Logic Holdings, LLC (5 year term with 3% escalations and two 3 year options to extend) and Verizon Wireless (VAW) LLC) (5 year term 3% escalations and with four automatic 5 year extensions)
• NNN lease rates in the Allred Cotton Center Business Park average 1.03/SF/Mo. Interior Logic is paying $.75/SF/Mo. during year one of its new 5 year lease.

NAI Horizon
John Filli, SIOR
(602) 852-3411

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