Single-tenant industrial building boasting 35 ft warehouse ceiling clearances and totaling ±231,454 square feet.
100% leased by AVNET, Inc (NASDAQ: AVT, Fitch: BBB-), one of the world’s largest technology distributors.
Current in-place rent is approaching 60% below market, providing superb upside potential while benefiting from stable cash flow.
AVNET is currently reconfiguring the facility to accommodate the consolidation of another facility.
In July 2024, AVNET invested over $1MM into power upgrades, advanced air conditioning systems, and condenser unit enhancements into key customer lab space.
Building features ±45% warehouse, ±34% R&D/engineering/lab, and ±21% office space—an extremely rare and desirable configuration in the market.
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 heart of ‘The Silicon Desert’, a trade area in the Valley that has become nationally renowned for its high concentration of technology companies.