Cushman & Wakefield’s National Industrial Advisory Group, as exclusive advisor, is pleased to offer the extraordinary opportunity to acquire the 100% fee simple interest in Phoenix Airport Logistics (“PAL”) located at 3333 South 7th Street, Phoenix, AZ (the “Property” or “Project”). The Property is situated on +23 acres in the highly coveted infill Airport submarket of Phoenix, one of the top job creating economies in the U.S. Phoenix Airport Logistics has unparalleled accessibility to Metro Phoenix and is conveniently located near Loop-202, I-10, I-17 and US-60.
Phoenix Airport Logistics presents an exceptional investment opportunity to acquire a fully leased, state-of-the-art industrial building with stable tenancy. The Property boasts a weighted average lease term of 3.0 years and its mark-to-market profile will allow the future owner to roll the current in-place tenants to market rents. The building’s prime location provides unrivaled accessibility to major transportation linkages which connect the tenant base to the entire metro, California, and Mountain West region, enhancing tenant convenience and market competitiveness.