5220 STEPTOE - Asking Price $9,750,000 Value-Add Multi-Tenant Industrial Investment * 5220 Steptoe is a freestanding building totaling 50K sq. ft. which is situated on 2.1 acres within the Copper Acres Industrial Park. The 100%-leased, multi-tenant property includes a diverse mixture of occupants representing a wide range of industries with balanced annual lease rollover. Ownership has invested a significant amount in capital improvements since 2021. * The weighted average in-place rent provides an attractive inflation protected income stream, as demonstrated by a ±31% increase between the first and tenth year of the holding period. * Upcoming lease expirations offer new ownership the chance to renew suites at $1.05/SF (NNN) market rents. Current rates are ±6.5% below market in a high-growth submarket.