BEST IN-CLASS INDUSTRIAL OUTDOOR STORAGE ASSETS

Two adjacent single-tenant industrial facilities totaling ±72,582 SF on ±23.47 acres in Phoenix, AZ

• Industrial outdoor storage facilities of this size (±23 acres total) in Phoenix infill are extremely limited

Strategic infill location, less than 2 miles from the I-10/Loop 202 interchange

• 3 minute drive time from the Loop 202 and Buckeye
• 5 minute drive time from I-10 and 67thAvenue

Low site coverage (±7.1% FAR) offering substantial excess land and long-term operational flexibility

SIGNIFICANT MARK-MARKET POTENTIAL

• Rare near-term cash flow with embedded rent upside
• Deeply below-market in-place rents
• Aligned April 2028 lease expirations with no renewal options create near-term optionality

Site Characteristics

425 South 67th Avenue (48Forty)

• ±43,000 SF warehouse on ±10.6 acres
• 22’ clear height
• 12 dock-high doors, 2 ramp doors, 2 grade-level doors located on the south and north sides of the Asset
• Capacity for 200+ trucks/trailers
• Security – fully fenced and secured with sliding gate at main entrance
• Heavy power - 4,000 amps
• 48Forty is the nations largest pallet manufacturing company and supplier

6602 West Grant Street (NGL)

• ±29,837 SF warehouse on ±12.87 acres
• Corner-positioned warehouse maximizing truck circulation, trailer staging, and yard utilization
• 24’ clear height
• 8 dock doors, 1 grade-level doors located on the east and north sides of the Asset
• Significant truck / trailer capacity
• Expansive paved yard accommodating trailer parking, truck maneuvering, and outdoor storage
• Security – fully fenced and secured with sliding guard gate at main entrance
• NGL Logistics has multiple locations