Cushman & Wakefield’s National Industrial Advisory Group and CBRE National Partners are pleased to offer a premier opportunity to acquire 45th Avenue Logistics Center (“the Project” or “the Property”) — a single tenant, free-standing infill asset located in Phoenix, Arizona. The Property consists of ±148,689 SF of functional warehouse space with a gated and secured truck court for optimal loading capabilities, and desirable frontage on Camelback Road.
The Property is 100% leased to Barlow Company with 3.58 years of remaining term at a rental rate significantly below market, providing steady cash flow and substantial upside potential upon lease rollover in one of the Metro’s most supply-constrained submarkets.
45th Avenue Logistics Center is strategically situated in one of Phoenix’s most dynamic industrial corridors, offering unmatched accessibility to key regional and national logistics networks. Located near the intersection of US-60, I-17 and I-10, the Property ensures seamless connectivity to Greater Phoenix and beyond. It is positioned approximately 11 miles from Phoenix Sky Harbor International Airport, a critical hub for air cargo, and in close proximity to the Union Pacific Railroad, further enchancing its logistical advantages.
This asset is one of eight (8) assets within the National Core Industrial Portfolio. For Portfolio level information, please reach out to Jeff Chiate or Joe Cesta.