Gateway University Park I & II
Gateway University Park I & II
16 Small-Bay Industrial Buildings Totaling 268,409 SF | 100% Leased | Excellent Infill Location in Phoenix's Airport Submarket | Proven NNN Conversion Opportunity | 3.0 Years of WALT | ±34% Below Market Rents
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- Property Type
- Industrial
- Deal Type
- Acquisition
- Risk Profile
- Value-Add
Executive Summary
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 Gateway University Park I & II (“the Property” or “the Portfolio”). This diverse portfolio is a 268,409 SF, 16 building, 100% leased complex located in the Airport submarket in the heart of Phoenix, Arizona. Each building is separately parceled and can be strategically sold off individually. Occupying prominent infill locations and proximate to major transportation arteries, demand drivers, and residential rooftops, the Property is within minutes of the confluence of the I-43 / I-60 / I-10 / Loop 202 providing easy access to the transportation network and labor pool.
All of the properties in the Portfolio are no more than a five-minute drive from a major freeway and have excellent access to transportation and labor. The Airport submarket, and northwest Tempe, is home to many advanced manufacturing operations and corporate headquarters for industries including aerospace and aviation, sustainable technologies, medical device, and more.