PRICE IMPROVEMENT — $7,575,000 KCKR Industrial Park consists of four industrial buildings totaling approximately 54,085 SF on ±2.20 acres in Phoenix’s Sky Harbor industrial corridor. The property is configured for flexible small-bay and multi-tenant industrial occupancy, including manufacturing, fabrication, contractor, logistics, assembly, and service-industrial users. At the revised offering price of $7.575 million, the property is offered at approximately $140/SF and currently generates approximately $480,217 of NNN income / effective NOI at approximately 84% occupancy, representing a mid-6% in-place effective cap. The remaining value creation is concentrated in Building 3, an 8,640 SF recently renovated and white-boxed industrial building currently being marketed at $1.10/SF/month NNN. Upon lease-up, projected stabilized NNN income / effective NOI increases to approximately $593,977, equating to an approximately 8% stabilized effective cap at the current offering price. Ownership has completed more than $350,000 of recent capital improvements, including exterior upgrades, mechanical and plumbing improvements, fencing, security enhancements, concrete and site work, and LED lighting. The campus also provides 16'–20' clear heights, grade-level loading, two dock-high positions served by a common truck well, 3-phase power, secured yard areas, canopied parking, and flexible suite sizes ranging from approximately 1,580 SF to 19,000 SF. The property is located approximately 2.4 miles from Phoenix Sky Harbor International Airport with immediate access to I-10 and AZ-143, providing strong connectivity throughout the Phoenix metro and Southwest logistics network. KCKR offers buyers immediate NNN income, a basis well below estimated replacement cost, and a defined near-term stabilization opportunity. The property is also well positioned for 1031 exchange buyers, private investors, family offices, and institutional or regional industrial buyers seeking infill Phoenix industrial with current yield and embedded upside. There is active leasing interest in the remaining vacancy. Ownership has indicated that if Building 3 leases and the additional income is captured, it may elect to retain the property rather than continue the sale process. Updated Offering Memorandum and underwriting / pro forma are available for review.