deal image
3405 S 5th StPhoenix, AZ 85040
3405 South 5th Street
Asset ClassIndustrial
% Leased100%
Square Feet: 109,699Access Data Room
One Institutional Quality Single-Tenant Industrial Building | Rents 18.8% Below Market with 4.8 Years of WALT | Located in Sky Harbor Airport Submarket
overview of deal


Cushman & Wakefield is pleased to present an exclusive opportunity to acquire 3405 South 5th Street (“the Property” or “the Project”). This project includes one timeless industrial building with a total area of 109,699 SF, ideally located in the popular Airport submarket of Phoenix. The building is located in the most infill pocket of Phoenix, which will drive tenant demand and rent growth for years to come.


The Property’s lease is with Goodrich Corporation, who is now wholly owned by Collins Aerospace, a Raytheon Technologies Corporation (Fortune 60 Company). The tenant has been in the building for over 20 years and this building serves as one of three assets that make up the Collins Aerospace campus on South 5th Street.


The Project is located in a mature submarket where there is virtually no available land for development. Furthermore, the Property has excellent transportation links and is situated near major routes including I-10 and I-17. Additionally, its proximity to Downtown Phoenix means it is close to one of the largest labor pools in the Western United States, which includes nearly 5 million individuals.


3405 South 5th Street provides users with excellent access to retail amenities and affordable housing options. All of this, coupled with great building functionality and consistent tenant demand, will provide buyers with strong potential to maintain full occupancy.

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3405 S 5th StPhoenix, AZ 85040

Sales Team

Will StrongExecutive Vice Chair+1 602 413
Kirk KullerSenior Director+1 602 224
Molly HuntSenior Associate+1 602 361
Dean WileySenior Associate+1 602 224


Listing provided by Revere CRE