deal image
215 N 143rd AveGoodyear, AZ 85338
VB | 143
Asset ClassIndustrial
AVG SF213.23 K Sq. Ft
Weighted Average Lease Term: 4.5 Years% Leased: 100%# Tenants: 2Access Data Room
213,229 SF | Class A Cross-Dock | Phoenix | 4.5 WALT | 35% Below Market Rents
overview of deal

Overview

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 VB | 143 (“the Property”), a 213,229 SF Class A Cross-Dock Industrial building located at 215 North 143rd Avenue, Goodyear, AZ. The Property is 100% leased to two tenants and has 4.5 Years of weighted average lease term (WALT).

 

Located in the highly sought-after West Valley of Metro Phoenix, VB | 143 is within Goodyear Gateway South, a Class A master-planned industrial park, just North of the Phoenix Goodyear Airport. The Property is less than 1 mile from a full diamond interchange at I-10 and Bullard Avenue. This area has become an industrial hot spot due to a strong labor market (Arizona has added over 400,000 jobs since 2015), access to major world markets (California is the sixth world’s largest economy), a simplified tax system, and the low cost of doing business (Greater Phoenix operating costs average up to 36% less than in California).

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215 N 143rd AveGoodyear, AZ 85338

Transaction Leaders

Will StrongExecutive Vice Chair+1 602 413 9991will.strong@cushwake.com
Kirk KullerSenior Director+1 602 224 4456kirk.kuller@cushwake.com
Michael MatchettSenior Financial Analyst+1 949 375 7378michael.matchett@cushwake.com

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Listing provided by Revere CRE