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5215 N Alsup RdLitchfield Park, AZ 85340
Commerce @ 303
Asset ClassIndustrial
±663,367 SF Class A Distribution Facility | Additional ±32.6 Acres of Shovel-Ready Phase II Land | 100% Leased | 4.1 Year WALT | Premier West Valley Location with Direct Access to Loop 303
overview of deal

Overview

Cushman & Wakefield’s National Industrial Advisory Group is pleased to present the opportunity to acquire Commerce @ 303, a premier industrial investment offering that includes a recently delivered, Class A industrial facility totaling approximately 663,367 SF, as well as an adjacent 32.6-acre development site with the ability to accommodate an additional ±497,234 SF industrial building.

 

The existing building is 100% leased to two tenants with a weighted average lease term of 4.1 years, providing stable, long-term cash flow with staggered lease expirations. Located 1.1 miles from the thriving Loop 303 freeway and designed to institutional specifications, the facility features modern clear heights, ample trailer parking, and functional loading, making it a mission-critical asset for today’s logistics users.

 

The adjacent Phase II land is fully entitled, zoned PAD, and offers shovel-ready infrastructure—providing the opportunity to develop a second best-in-class building and create a nearly 1.2 MSF industrial campus in one of the most strategic locations in the Western U.S.

 

Ideally situated in the heart of Glendale, Arizona’s Loop 303 Corridor, Commerce @ 303 benefits from immediate access to key transportation routes including Loop 303, I-10, and Northern Parkway, enabling efficient regional and national distribution. The West Valley continues to experience exceptional tenant demand and leasing velocity, supported by a strong labor pool and growing population base. With limited availability of large-scale development sites and increasing barriers to entry, Commerce @ 303 offers investors and developers a rare opportunity to acquire scale, stability, and future growth in one of the country’s most dynamic industrial markets.

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5215 N Alsup RdLitchfield Park, AZ 85340

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