Whispering Wind Corporate Center Office FOR SALE


Phoenix, AZ - Deer Valley
$17,100,000 USD
602-531-5538
, Phoenix, AZ for Sale
$17,100,000 USD
Office - FOR SALE
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Whispering Wind Corporate Center
Phoenix, AZ
Deer Valley


HIGHLIGHTS

  • Secure cash flow from six institutional-quality tenants from diverse industries
  • Professionally maintained complex, limiting any near term capital expenditure by the purchaser
  • Well below reproduction cost pricing - an investor will purchase the property at a fraction of what it would cost to build today
  • Tenants W.L. Gore & Associates and Sherwin Williams are joined by four other business
  • Convenient regional location with easy access to Interstate 17 via Happy Valley Road, accessible to 3.28 million people within a 40-minute commute
  • The area is home to dozens of private-entrepreneurial companies, along with numerous large-scale employers such as Cigna, Farmers Insurance, USAA, etc

OVERVIEW

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the Whispering Wind Corporate Center (the “Property”), a ±74,520 square foot, class A suburban office complex that is 96% leased to six diverse tenants. This two-building office complex features dramatic lobbies, attractive architectural details and quality construction. Both W.L. Gore & Associates, a tenant since 2009, and Sherwin Williams, a tenant since 2019, recently extended their leases for 5 and 10 years respectively. Strategically located in North Phoenix, just seven miles south of Taiwan Semiconductor Manufacturing Company’s (TSMC) $165+ billion fab plants, the Property offers exceptional access to area amenities, large employers, strong transportation infrastructure and outstanding population densities. This Property offers investors a significant opportunity to acquire a modern, well-designed office complex that provides excellent stable cash flow from six creditworthy tenants. With current rents below market, the Property also offers promising future upside potential.

ASK ABOUT THIS PROPERTY

Mindy KorthColliersMore Info
602-531-5538

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Mindy KorthColliersMore Info
602-531-5538

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.