Cushman & Wakefield’s Phoenix Industrial Private Capital Group is pleased to present the rare opportunity to acquire 7305 East Pecos Road, two premier industrial assets in the high-growth Southeast Valley, available individually or as a portfolio. The offering includes a ±6.85-acre parcel of prime, developable land with immediate construction potential, and a ±10.83-acre, mission-critical staging and vehicle processing facility leased to Magna Steyr USA Inc. with 3.5% annual increases, a wholly owned subsidiary of Magna International (NYSE: MGA), one of the world’s largest automotive suppliers with over $43 billion in annual revenue and an S&P A- credit rating.

Magna’s facility in Mesa functions as the central staging hub for Waymo’s autonomous vehicle program, the sole commercial robotaxi service currently operating in the U.S. It supports the preparation and outfitting of thousands of electric Jaguar SUVs for deployment across the country. Magna Steyr has invested around $55 million across this site and the neighboring Building 4, underscoring its long-term commitment to the area. The lease extends through May 2029 and includes two optional five-year renewals, providing stable, investment-grade cash flow and ensuring consistent operations across both locations.

Mesa has emerged as the premier hub for cutting-edge digital companies like Meta, Google, and Apple as well as LG’s brand new $5B battery manufacturing plant in close proximity. Notably, aerospace and electric vehicle leaders like Lockheed Martin and ElectraMeccanica, are investing in multi-billion dollar chip plants and manufacturing facilities within Mesa. This has transformed Mesa into a dynamic and rapid growth market. Located just 1.7 miles from Phoenix-Mesa Gateway Airport and within the Pecos Advanced Manufacturing Zone, the property offers unmatched operational and tax advantages, including Opportunity Zone benefits, FTZ capability with property tax reductions of up to 72.7% in perpetuity, and abundant utility capacity.