HIGHLIGHTS
- This is a brand new facility specifically built to the tenants needs and wants. This new facility will allow the tenant to increase production
- Tenant has invested heavily into the facility with specialized equipment and permitting, making it unlikely for the tenant to leave or relocate
- Asset is in direct proximity to Phoenix Sky Harbor Airport and is conveniently positioned with immediate access to key transportation arteries
- Rare long-term absolute NNN lease for an industrial facility with annual increases, making it a great investment for investors looking for long-term
- Highly sought after submarket with only 5.4% industrial vacancy and within 3 miles to downtown Phoenix, Chase Field and Phoenix Suns Arena
OVERVIEW
SIG and Levrose Commercial Real Estate are pleased to exclusively offer for sale the new construction CC Patio Manufacturing Facility located in the Heart of Phoenix, AZ. Specifically built for the tenant, this is a rare opportunity to acquire a new construction asset on a long-term 10 year absolute NNN lease with annual increases.
In Cooperation With Sands Investment Arizona, LLC - Lic. #LC690889000 BoR: Gary W. Berwick, CCIM - Lic. AZ #BR625869000
FOR SALE DETAILS
PRICE
$11,500,000 USD
PRICE/SF
$338 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CC Patio Manufacturing Facility - Phoenix, AZ
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
ADD'L SUBTYPES
Manufacturing, Warehouse
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2025
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.86
LAND SF
37,462
ZONING
C-3, City of Phoenix
APN/PARCEL ID
121-64-011D
ASK ABOUT THIS PROPERTY
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480-294-6003
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480-294-6003
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