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455 & 465 W 21st StTempe, AZ 85282
21st Street Center
Asset ClassIndustrial
% Leased: 98%Weighted Average Lease Term: 4.3 YearsAccess Data Room
Two Industrial Buildings Totaling 162,232 SF | 38% Below Market Rents | Excellent Location in Phoenix's Airport Submarket
overview of deal

Overview

Cushman & Wakefield’s National Industrial Advisory Group, as the exclusive advisor, is pleased to offer the rare opportunity to acquire the 100% fee simple interest in 21st Street Center (“the Property”). This property features two highly functional industrial buildings totaling 162,232 SF. Ideally positioned in the desirable Airport submarket, the Property includes state-of-the-art features that fit tenant demand in the area exceptionally well. These features include multiple points of ingress/egress, incredible tenant size flexibility with various storefronts, excellent loading, functional column spacing, ample parking, concrete truck aprons, substantial power, and more.

 

21st Street Center is located at the confluence of I-10, Loop 202, and U.S. Route 60, two major interstates in Phoenix. It is also just minutes away from Phoenix Sky Harbor International Airport, one of the busiest airports in the nation. The Property offers unprecedented access and benefits from immediate access to major transportation corridors in the market, providing connectivity to both greater Phoenix and the Southwest US within a single day’s drive time.

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455 & 465 W 21st StTempe, AZ 85282

Institutional Sales

Will StrongExecutive Vice Chair+1 602 413 9991will.strong@cushwake.com
Kirk KullerSenior Director+1 602 224 4456kirk.kuller@cushwake.com
Molly HuntSenior Associate+1 602 229 5944molly.hunt@cushwake.com

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Listing provided by Revere CRE