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10950 W Northview AveGlendale, AZ 85307
10950 West Northview Avenue
Asset ClassIndustrial
Weighted Average Lease Term2.2 Years
% Leased: 100%Access Data Room
±75,000 SF Freestanding Industrial Building | ±1.23 Additional Acre Fully Secured & Paved Yard
overview of deal

Overview

EXECUTIVE SUMMARY

 

Cushman & Wakefield’s Phoenix Industrial Private Capital Group is pleased to offer the extraordinary opportunity to acquire the fee simple interest in 10950 West Northview Avenue, a single-tenant industrial warehouse located in Glendale, AZ (“The Property”). This premier asset consists of one industrial building totaling ±75,000 SF on ±6.41 acres including an additional ±1.23 acre paved and secured yard. The Property is currently 100% leased to Bogdan Delivery with 2.2 years of weighted average lease term remaining.

 

10950 West Northview Avenue is located in the premier Southwest Valley just north of the ever-growing I-10 corridor. The submarket has consistently proven it is a dynamic and rapidly growing industrial hub, benefiting from its strategic location, robust infrastructure, and favorable business climate. The rising dependence of e-commerce and 3PL users across the country has benefited the area as demand for warehouse and logistics space has significantly increased due to nearby railroad access and I-10, I-17, Loop 101 and Loop 202 freeways. Key market indicators, such as low vacancy rates, strong absorption, and steady rental rate growth, underscore the submarket’s attractiveness to investors seeking stable and resilient investment opportunities in the Mountain West Region.

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10950 W Northview AveGlendale, AZ 85307

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Listing provided by Revere CRE