116 S. Industrial Drive presents an institutional-quality industrial investment in Tempe’s scarce infill corridor. The property encompasses 15,750 square feet on a 0.75-acre parcel, fully leased to TS Industries LLC under an absolute net lease running through June 2031. The tenant assumes responsibility for all expenses including taxes, insurance, utilities, and building maintenance, delivering investors stabilized cash flow with minimal landlord obligation. The offering provides immediate income security, with rent commencement scheduled for September 2026 and a projected cap rate of 6 percent based on $216,000 annual NOI. Significant owner-led capital improvements—including a new roof with a 10-year warranty, updated exterior finishes, LED lighting, window replacements, and new overhead doors—further enhance asset longevity. Strategically located near Loop 101, Loop 202, and Phoenix Sky Harbor International Airport, the property benefits from connectivity to major logistics corridors and employment hubs. Proximity to Arizona State University and ongoing developments such as Novus Innovation Corridor and the $1.8 billion South Pier project underscore demand fundamentals and potential appreciation. This investment combines long-term stability, strong physical condition, and exposure to one of metro Phoenix’s most dynamic industrial nodes.