Cushman & Wakefield’s National Industrial Advisory Group is pleased to present the opportunity to acquire South Valley Business Park (“the Property”), a two-building Class A project totaling ±143,813 SF, located at 1710 & 1720 East Germann Road in Chandler (Phoenix), Arizona. Delivered in 2022, the Property offers modern design and strong in-place tenancy, providing investors the opportunity to acquire two newly constructed assets that feature a combination of stable long-term cash flow and near-term mark-to-market upside and excellent connectivity to the greater Phoenix metropolitan area.
Building A, totaling ±68,841 SF, is fully leased to four tenants with a 1.7-year WALT and features 28’ clear height, 20 dock-high doors, 5 grade-level doors, and 2,000 amps of power with an efficient loading configuration suitable for distribution and light manufacturing users.
Building B, comprising ±74,972 SF, is fully leased to Versum Materials US, LLC, a subsidiary of The Merck Group (S&P: A+), with 11.1 years of remaining lease term and has invested $39M into their space. Building B offers 28’ clear height, 19 dock-high doors, 5 grade-level doors, 100% HVAC, and 5,000 amps of power. Both buildings share a 185’ truck court and are supported by secure gated electric fencing, providing the infrastructure necessary to support modern industrial operations.
South Valley Business Park benefits from direct frontage along East Germann Road and immediate access to Loop 202, providing convenient connectivity throughout the greater Phoenix freeway network, including I-10 and Loop 101. The location also offers proximity to several of the region’s major advanced manufacturing and technology employers, including the Intel Ocotillo Campus, Northrop Grumman, and NXP Semiconductors, all located within approximately seven miles of the Property. Additionally, Phoenix-Mesa Gateway Airport, located less than ten miles away, further enhances regional accessibility and supports the area’s continued growth as a hub for advanced manufacturing, logistics, and technology-driven industries.