Cushman & Wakefield’s National Industrial Advisory Group is pleased to present the exclusive opportunity to acquire The Cubes at Mesa Gateway – Building C (the “Property”), a newly delivered, Class A industrial facility totaling ±1,200,340 SF.

Delivered with state-of-the-art design and construction, the Property is 100% leased to Lowe’s Home Centers, LLC, a nationally recognized, investment-grade retailer and one of the largest home improvement companies in North America. Lowe’s operates over 1,700 stores across the U.S. and Canada and is publicly traded on the NYSE: (LOW), providing investors with credit-backed, mission-critical tenancy. The lease features seven (7) years of remaining term along with two five (5) year renewal options, offering meaningful downside protection and steady, long-term cashflow. Notably, in-place rents are approximately 51% below market, positioning the asset for significant mark-to-market upside upon tenant rollover.

The Property’s specifications are tailored for high-volume, large-scale distribution with 7,200 amps of power, warehouse cooling, and abundant car (325) and trailer (713) parking. Distinctively, the building is the most heavily trailer-parked industrial facility for buildings exceeding 1 MSF in the Phoenix market, a critical attribute supporting Lowe’s high-throughput logistics, trailer storage, and distribution requirements. These best-in-class features underscore the Property’s role as a mission-critical node within Lowe’s regional and national supply chain network.

The Property primarily serves as a mission-critical Regional Bulk Distribution Center (BDC) for Lowe’s, optimized for high-efficiency logistics. In addition to the BDC, the Property also includes a Lowe’s XDT hub, providing expedited direct-to-consumer deliveries of appliances, and a Lowe’s Pro Supply hub, providing a direct-to-consumer point of sale for commercial contractors. Operations are further bolstered by a long-standing partnership with Penske, a globally recognized third-party logistics (3PL) provider, ensuring seamless supply chain execution.

Further reinforcing tenant commitment, Lowe’s has invested over $3M of its own money into specialized tenant improvements at the Property. This meaningful capital investment significantly increases the likelihood of renewal and long-term occupancy, aligning tenant and