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20 S 69th AvePhoenix, AZ 85043
20 South 69th Avenue
Asset ClassIndustrial
±39,588 SF Single-Tenant Industrial Building
overview of deal

Overview

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 20 South 69th Avenue, Phoenix, AZ (“The Property”). This premier asset consists of one industrial building totaling ±39,588 SF on ±2.40 acres. 20 South 69th Avenue is currently 100% leased to Action Gypsum Supply with 5 years of lease term remaining.

 

The Property is located in the Southwest Phoenix Industrial Submarket just south of the ever-growing I-10 corridor. The rising dependence of e-commerce and 3PL tenants has benefited the area as demand for warehouse and logistics space has significantly increased in the submarket due to nearby railroad access and I-10, I-17, Loop 101, Loop 202 freeways. This submarket has become one of the most sought-after locations for new speculative development in the last five years due to its proximity to other Mountain West regions. Furthermore, this area is primed for stable investment opportunities with strong local and regional tenants, consistent rent growth and robust demand from users across the Valley.

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20 S 69th AvePhoenix, AZ 85043

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Listing provided by Revere CRE