This Property is no longer advertised on Showcase.com.
Off Market
1/6

2149 E 5th St
Tempe, AZ 85281


HIGHLIGHTS

  • Brand New 10-Year Absolute Triple-Net (NNN) Lease
  • Three Percent Annual Rental Increases with Multiple Renewal Options
  • Tenant Invested Over $970,000 into the Interior and HVAC System in Addition to Over $400,000 of Specialty Equipment - Highly Desirable Buildout
  • Dense Tempe Trade Area with 368,375 Residents within a Five-Mile Radius
  • Adjacent to Arizona State University (Nearly 55,000 Students), Facilitating Access to a Skilled Workforce and Research Collaboration Opportunities
  • Situated within the Smith Innovation Hub - 302 Acres with Mostly Light Industrial and Office Uses

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Abstrakt - 10 Yr Abs NNN Sale-Leaseback

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, R&D, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Water, Sewer

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

12

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

132-37-140