Southbank Business Park is an office/industrial property located at 3930 E Watkins Street, in Phoenix, AZ. A proven and mature asset ideally within the North Airport Industrial submarket, the property and is well-suited for an owner-user, or investors looking for multi-tenant lease-up opportunities. Improvements comprise a one-story (plus mezzanine), 101,932 SF office/industrial building positioned on ±7.95 acres. Features include 277/480 3 Phase power and three grade level doors with the potential for two additional truckwell positions. The building is currently configured to suit three tenants, each with direct access to its space, without the presence of a lobby or main entrance. Each of the three spaces contains various office area: Suite 100 (31%), Suite 200 (100%), and Suite 300 (full white box). Additional features are clear ceiling heights of 24’ with column spacing of 60’ x 40’. Fully improved, mezzanine office space of 10,372 SF is not included in total square footage. Potential for a laydown storage yard enhances the building’s functionality. The favorable A-2 zoning allows for this use and this is a unique feature that is sought after by many industrial users and not found in any competing properties. Southbank Business Park is highly functional for a variety of industrial users and is currently occupied to two national credit tenants on gross leases: Expeditors International and XO Communication. The vacant unit, Suite 300 (55,139 SF) was recently taken to white box condition to allow for a variety of future uses, with flexibility to increase or decrease the level of office buildout, depending the need of prospective tenants. Property management for 3930 E Watkins can be outsourced or self-managed by a new owner to keep operational costs low. Southbank Business Park offers a recurring revenue stream, strong tenants, and upside through vacancy absorption.