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 6839 West Chicago Street, an industrial warehouse property located in Chandler, AZ (“the Property”). This premier asset consists of one industrial building totaling ±36,650 SF on ±4.92 acres. The Property is currently 100% leased to EquipmentShare with 6.9 years of weighted average lease term remaining.
6839 West Chicago Street is centrally located in the highly desirable Chandler industrial submarket of Metro Phoenix, and is ±0.6 miles from Loop 202, the primary freeway connecting Phoenix with the Southeast Valley. Chandler has grown tremendously over the past few years due to strong tenant demand driven by robust population growth, affordable labor, a favorable business climate, and the ability to service major West Coast population centers. In addition, the Property benefits from its proximity to Intel’s Ocotillo Campus, where the company recently announced expansion plans for their $20 billion chip manufacturing facility. Strong demand drivers such as premier talent and labor, low cost of living, and proximity to Arizona State University has led to an influx of tenants in the advanced manufacturing sector, which will lead to exponential growth in the Southeast Valley for years to come.