Cushman & Wakefield’s National Industrial Advisory Group, as exclusive advisor, is excited to present an extraordinary opportunity to acquire the 100% fee simple interest in Tucson Commerce Center – Building 1 (“the Property”), located at 3610 East Valencia Road, Tucson, AZ. The Property is apart of the newly delivered Tucson Commerce Center comprising three state-of-the-art industrial buildings, totaling 806,606 SF on ±17.35 acres with Building 1 comprising 302,443 SF.

Tucson Commerce Center – Building 1, situated in the second largest city in Arizona, after Phoenix, boasts direct access to Interstate 10, the fourth-longest Interstate in the United States. Tucson holds the highest concentration of startups among U.S. cities of its size and is ranked as a top-five city for entrepreneurs by Entrepreneur Magazine. Positioned 60 miles from the Mexico border, with robust border and transportation infrastructure, Tucson is the natural choice for companies conducting business in both the U.S. and Mexico.

The Property is currently 100% leased to Belden Inc. (NYSE: BDC, Mkt Cap: $3.5B, Moody's Ba2) for the next 10.5 years, offering a reliable, stable cashflow stream backed by investment grade credit.  Belden Inc., headquartered in Chicago, is an internationally recognized corporation listed on the stock exchange, focusing on developing, producing, and delivering comprehensive networking, security, and connectivity solutions globally. Catering to industries such as industrial automation solutions, smart buildings and broadband & 5G markets, Belden a leading provider of cutting-edge products and services within the sector.

Tucson Commerce Center – Building 1 presents a premier investment opportunity to acquire a newly constructed, infill industrial building, providing a robust in-place revenue stream supported by an investment grade credit tenant. Vacancy rates in Tucson are currently at historic lows, and this trend is expected to persist due to the limited construction pipeline, resulting from the scarcity of available infill sites. Tucson’s enduring appeal is further strengthened by an increase in tenant demand, attributed to its strategic west coast location adjacent to the Mexican border, access to a skilled labor force, numerous business and tax incentives, and fortunate absence of natural disasters.