Cushman & Wakefield’s National Industrial Advisory Group, as exclusive advisor, is pleased to offer the extraordinary opportunity to acquire the 100% fee simple interest in the Western U.S. Home Depot Returns Center located at 7200 West Buckeye Road, Phoenix, AZ (“the Property”). The Property is situated on ±25 acres in Phoenix’s most infill submarket with excellent access to full diamond interchanges on Loop 202 and I-10 within a 5-minute drive.

• Class-A, fully air-conditioned cross-dock industrial building totaling 400,000 SF.
• Rents 60.2% below market with 3.4 Year WALT.
• 100% leased to Home Depot with two extension options at 100% Fair Market Value.
• Top-tier improvements such as high speed fans, equipment on every door, a gated and security station controlled yard area, and approximately 4.5% of recently refreshed office space consistent with a Fortune 20 company.
• Located in highly sought-after infill location at the confluence of I-10 and Loop 202.
• Four acres of excess trailer parking that Home Depot invested approximately $5MM+ of their own capital to create and utilize.
• “Mission critical facility” for The Home Depot that serves as the return center for the entire Western United States.

Home Depot Returns Center is a unique value-add investment opportunity to acquire a fully leased, state-of-the-art industrial building with long-term, credit tenancy in a high demand industrial submarket. The Home Depot’s strategic “mission critical” location and investment into the Property improvements, including the creation of additional trailer storage and warehouse air-conditioning, provides for a high probability of renewal. Additionally, the Property presents future investors with a 62% mark-to-market opportunity to roll The Home Depot’s rent to market. Home Depot Returns Center stands as a compelling investment opportunity poised for long-term success, driven by its prime location, blue-chip tenancy, and mission-critical infrastructure.