Cushman & Wakefield’s National Industrial Advisory Group is pleased to present the exclusive opportunity to acquire Buckeye85 (“the Property”) through a REIT shares structure. Buckeye85 is a 321,892 SF Class A industrial building located in the highly sought-after Southwest Valley of Metro Phoenix. The Property is situated on 18.6 acres at 10333 West Buckeye Road, at the southwest corner of 103rd Avenue and Buckeye Road/MC-85 Highway. Buckeye85 is 100% leased to leading mattress and pillow maker Tempur-Pedic for 7 years with 3.75% bumps.
Completed in 2023, Buckeye85 includes state-of-the-art features that fit tenant demand in the area exceptionally well including 36’ clear height, full concrete truck courts, multiple points of ingress/egress, a 95-door cross-dock configuration, and more. In addition, the Property incorporates generous use of clerestory windows, providing indoor workspaces with sky views and abundant natural light.
Buckeye85 is centrally located in the Southwest Phoenix submarket and is just two miles from a full-diamond interchange at I-10 and 107th Avenue and just four miles from five freeway interchanges. The Property is within a world-class e-commerce market that is home to companies like Amazon, McKesson, Pepsico, Kroger and Home Depot.
The Property is Foreign Trade Zone (FTZ) capable which offers businesses unique advantages in international trade. These zones, designated by governments to facilitate global commerce, provide companies with various benefits such as exemption from certain taxes and duties, streamlined customs procedures, and enhanced logistical efficiencies. By operating within these zones, businesses can defer or eliminate tariffs on imported goods, conduct value-added activities like assembly or manufacturing, and access goods for re-export without being subject to the host country’s customs regulations. Additionally, foreign trade zones often foster collaboration and innovation among businesses, driving economic growth and competitiveness on both local and global scales.