14647 S 50th StPhoenix, AZ 85044
Mountain Vista Commerce Center
Asset ClassIndustrial
Overview
- Three (3) building industrial/flex complex totaling ±134,713 square feet (SF) comprised of ±47% warehouse/showroom and ±53% flex space.
- ±100% leased to ten (10) tenants in a variety of industries, including engineering, real estate, technology, fitness, and boasting a ±3.5-year WALT (Weighted Average Lease Term).
- In-place rents are ±20 to 30% below market levels, most leases are modified gross, providing an opportunity to roll tenants to NNN recovery structures.
- Equipped with 18’ clear heights, thirty-three (33) grade level roll up doors, and flexible floor plates of varying bay depths (±70’ to ±120’) to accommodate light industrial, manufacturing, technology, and flex uses for both small and large tenants.
- With a decade-long shortage in small-bay industrial space and average downtime of only three (3) months, this class of industrial space is primed for explosive growth in rental rates.
- Positioned to leverage this high-demand market, Mountain Vista Commerce Center stands to benefit from an unparalleled supply-demand imbalance.
- Located at the convergence of the I-10 and Loop 202, providing near-immediate freeway access, freeway visibility, and access to a population of over 2.16 million people within a 30-minute drive.
- Ideally located in the ‘The Silicon Desert,’ a trade area in the Valley that has become nationally renowned for its high concentration of technology companies.
- Located in the heart of Ahwatukee, a vibrant Phoenix suburb known for its mountainside executive housing, Mountain Vista Commerce Center offers prime access to a young, educated workforce drawn by the area’s upscale dining, shopping, and abundant amenities.
Photo Gallery
14647 S 50th StPhoenix, AZ 85044
Sales Team
Listing provided by Revere CRE