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3191 N Washington StChandler, AZ 85225
Eastpoint Business Center I & II
Asset ClassIndustrial
2 Irreplaceable Small-Bay Industrial Buildings Totaling ±136,569 SF | 91.6% Leased to 8 Tenants
overview of deal

Overview

Cushman & Wakefield’s National Industrial Advisory Group in partnership with the Private Capital Group is pleased to offer the opportunity to acquire Eastpoint Business Center I & II (the “Property” or “Project”), a two-building, institutional-quality industrial business park totaling ±136,569 SF in the highly sought-after Chandler submarket of Phoenix, Arizona. The multi-tenant Project consists of two modern industrial buildings designed to accommodate a wide range of tenant profiles, featuring multiple points of ingress and egress, flexible suite configurations, efficient loading capabilities, ample on-site parking, and substantial power capacity. The Property benefits from exceptional regional accessibility, with immediate connectivity to four major freeways within a ten-minute drive, supporting both local and regional distribution needs.

 

The Project is currently leased to eight tenants, with five tenants occupying Eastpoint Business Center I and three tenants in Eastpoint Business Center II, providing a diversified rent roll and reduced single-tenant exposure. The portfolio maintains a 3.2-year weighted average lease term, offering investors durable in-place cash flow with embedded near-term mark-to-market opportunity. In-place rents are approximately 7.4% below current market levels, and the staggered lease expiration profile positions ownership to capture upside through contractual rent growth and market-rate renewals over time.

 

Located within one of the Phoenix metro’s most dynamic and supply-constrained industrial corridors, Eastpoint Business Center benefits from Chandler’s continued economic expansion and strong tenant demand. The submarket has experienced sustained growth driven by a favorable business climate, a skilled and affordable labor pool, and proximity to major West Coast population centers. The Property is strategically positioned near Intel’s Ocotillo Campus, where ongoing and announced capital investments continue to attract advanced manufacturing, technology, and industrial users. These demand drivers—combined with limited new infill supply—support long-term occupancy, rent growth, and value preservation within the Project.

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