Cushman & Wakefield’s Phoenix Industrial Private Capital Group is pleased to offer the extraordinary opportunity to acquire the fee simple interest in 4137 West Adams Street, a free-standing, single-tenant industrial warehouse located in Phoenix, AZ (“the Property”). This premier asset consists of one rail-served industrial building totaling ±56,817 SF on ±3.2 acres with a fully secured truck court and yard. The Property is currently 100% leased to Veolia, the world’s leading environmental services company that delivers water, waste, and energy management solutions to support sustainable development with 5.2 years of lease term remaining.
4137 West Adams Street is located in the premier Southwest Valley just north of the ever-growing I-10 corridor. The submarket has consistently proven it is a dynamic and rapidly growing industrial hub, benefiting from its strategic location, robust infrastructure, and favorable business climate. The rising dependence of e-commerce and 3PL users across the country has benefited the area as demand for warehouse and logistics space has significantly increased due to nearby railroad access and the I-10, I-17, Loop 101 and Loop 202 freeways. Key market indicators, such as strong absorption and steady rental rate growth underscore the submarket’s attractiveness to investors seeking stable and resilient investment opportunities in the Mountain West region.