Newmark, as an exclusive advisor, is honored to present the opportunity to acquire the fee-simple interest in 360 S Smith Road, a premier 100% leased Class AA industrial property in Tempe, AZ. This unique offering comprises a single-tenant, 96,407 SF facility featuring ±15K SF of Class A creative office and a secured yard in a prime Metro Phoenix location.
The property is leased on a NNN basis for ±5 years to Branded Bills, which utilizes the building as its headquarters. Located in one of the most dynamic areas in Metro Phoenix, the asset provides unmatched freeway and amenity access, above average parking, and an expansive secured yard delivering a state-of-the-art manufacturing and warehouse HQ that represents a compelling investment in an irreplaceable location.
Strategically Located, Class AA Industrial Facility with Secured Yard Area
Built in 2021, the approximately 96,407 SF single-tenant building features ±30' feet of clear height, 5 oversized (20'x14') drive-in doors, 3 truckwells, and a large secured yard area. The building offers a highly efficient floor plan with roughly ±15,000 SF of Class A creative office space and over ±81,000 SF of warehouse area.
Strong Tenant Foundation
Fully occupied by Branded Bills, a rapidly growing, Tempe-based premium headwear and apparel company with a strong national presence and a loyal customer base. The company has grown to over 200 employees and is backed by a strong financial base with significant revenue growth. The company has demonstrated consistent brand momentum, strong engagement through partnerships with professional sports teams, universities, and corporate clients, and a disciplined approach to growth.
Corporate Headquarters Providing Secure Income Stream
The Property serves as the company's headquarters and core operational hub, supporting executive leadership, marketing, product design, manufacturing, e-commerce operations, and logistics. The building is integral to Branded Bills' day-to-day business and long-term growth strategy, functioning as both a creative center and a scalable operational base. Their investment in the Tempe location reflects a commitment to the Phoenix metro area and provides stability to the occupancy profile of the property.
Best-In-Market Industrial Facility
This best in class indsutral property stands out in its immediate submarket, characterized by older properties with less appeaking attributes. Within a 5-mile radius, 92% of industrial and flex properties were constructed before 2000. Given its Class A finishes, large secured yard area, ±30 feet of clear height, heavy power capacity, and efficient loading capabilities, this property is among the most sought-after standalone industrial properties in Metro Phoenix.