Cushman & Wakefield’s National Industrial Advisory Group, as the exclusive advisor, is pleased to offer the rare opportunity to acquire the 100% leased fee interest in Valley Vista Industrial Portfolio (the “Property” or “Portfolio”). The Portfolio comprises three industrial buildings totaling 262,193 SF in the highly coveted Airport, Chandler and Tempe submarkets. Valley Vista Industrial Portfolio is 100% leased to four tenants with a weighted average lease term (WALT) of 2.3 years and in-place rents that are 34.3% below market rents. This presents a unique chance to acquire a well-established Portfolio with a stable tenancy and a staggered expiration schedule, which consistently grows net operating income through annual rent escalations and the rolling of in-place rents to higher market rents.

Occupying prominent locations within their respective geographies and proximate to major transportation arteries, demand drivers, and residential rooftops, these functional assets are perfectly positioned to accommodate tenants needing “last-mile” locations. The buildings in the Portfolio are approximately five minutes from major freeways and the diversity of the product type and location makes this Portfolio a unique opportunity to capitalize on a variety of demand drivers within the rapidly growing Phoenix MSA.

Valley Vista Industrial Portfolio is a unique value-add investment opportunity to acquire three fully leased, institutionally-owned and maintained industrial buildings. Staggered lease rollover provides predictable income in the near-term with the opportunity to increase NOI by marking rents to market throughout the hold period.