EXECUTIVE SUMMARY

Cushman & Wakefield’s Phoenix Industrial Private Capital Group is pleased to offer the extraordinary opportunity to acquire the 100% fee simple interest in Phelan Pecos Center I – Building C, an industrial warehouse property located at 8341 East Pecos Road, Mesa, AZ (“The Property”). This premier asset consists of one brand new class A industrial building totaling 141,117 SF and is part of a larger industrial business park which features two additional buildings totaling 333,192 SF. The Property is currently 100% leased to Cyclic Materials with 10.3 years of weighted average lease term remaining. They plan to invest approximately $4.2 million ($30/SF) toward additional tenant improvements, aimed at strengthening their operation and ensuring a long-term commitment to the building and its surrounding area.

The property offers state-of-the-art features tailored to tenant needs, including 6,000 amps of power, a private truck court with optimal loading capabilities, multiple access points, functional column spacing, full-building HVAC, and ample parking. In addition, the Project enjoys excellent connectivity, ensuring long-term tenant demand and asset appreciation. Phelan Development partnered with Alston Construction and LGE Design Build, both top-tier contractors renowned for high-quality, innovative industrial developments, ensures exceptional construction and design, adding long-term value to the Property.