Mountain Vista Commerce Center
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Mountain Vista Commerce Center
3 Flex Properties in Phoenix, AZ
Investment Highlights
- Healthy mix of ±47% warehouse/showroom and ±53% flex space.
- Located at the convergence of the I-10 and Loop 202, providing near-immediate freeway access and visibility.
- 18’ clear heights, thirty-three (33) grade level roll up doors, and flexible floor plates of varying bay depths (±70’ to ±120’).
- Abundant ±3.9 parking ratio provided by 524 total spaces, 97 of which are covered.
Executive Summary
- Three (3) building industrial/flex complex totaling ±134,713 square feet (SF) comprised of ±47% warehouse/showroom and ±53% flex space.
- ±100% leased to ten (10) tenants in a variety of industries, including engineering, real estate, technology, fitness, and boasting a ±3.5-year WALT (Weighted Average Lease Term).
- In-place rents are ±20 to 30% below market levels. Most leases are modified gross, providing an opportunity to roll tenants to NNN recovery structures.
- 18’ clear heights, thirty-three (33) grade level roll up doors, and flexible floor plates of varying bay depths (±70’ to ±120’) to accommodate light industrial, manufacturing, technology, and flex uses for both small and large tenants.
- With a decade-long shortage in small-bay industrial space and average downtime of only three (3) months, this class of industrial space is primed for explosive growth in rental rates.
- Positioned to leverage this high-demand market, Mountain Vista Commerce Center stands to benefit from an unparalleled supply-demand imbalance.
- Located at the convergence of the I-10 and Loop 202, providing near-immediate freeway access, freeway visibility, and access to a population of over 2.16 million people within a 30-minute drive.
- Ideally located in the ‘The Silicon Desert,’ a trade area in the Valley that has become nationally renowned for its high concentration of technology companies.
- Located in the heart of Ahwatukee, a vibrant Phoenix suburb known for its mountainside executive housing, Mountain Vista Commerce Center offers prime access to a young, educated workforce drawn by the area’s upscale dining, shopping, and abundant amenities.
- ±100% leased to ten (10) tenants in a variety of industries, including engineering, real estate, technology, fitness, and boasting a ±3.5-year WALT (Weighted Average Lease Term).
- In-place rents are ±20 to 30% below market levels. Most leases are modified gross, providing an opportunity to roll tenants to NNN recovery structures.
- 18’ clear heights, thirty-three (33) grade level roll up doors, and flexible floor plates of varying bay depths (±70’ to ±120’) to accommodate light industrial, manufacturing, technology, and flex uses for both small and large tenants.
- With a decade-long shortage in small-bay industrial space and average downtime of only three (3) months, this class of industrial space is primed for explosive growth in rental rates.
- Positioned to leverage this high-demand market, Mountain Vista Commerce Center stands to benefit from an unparalleled supply-demand imbalance.
- Located at the convergence of the I-10 and Loop 202, providing near-immediate freeway access, freeway visibility, and access to a population of over 2.16 million people within a 30-minute drive.
- Ideally located in the ‘The Silicon Desert,’ a trade area in the Valley that has become nationally renowned for its high concentration of technology companies.
- Located in the heart of Ahwatukee, a vibrant Phoenix suburb known for its mountainside executive housing, Mountain Vista Commerce Center offers prime access to a young, educated workforce drawn by the area’s upscale dining, shopping, and abundant amenities.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 134,713 SF |
| Number of Properties | 3 | Total Land Area | 10.01 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 134,713 SF |
| Total Land Area | 10.01 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg C
14647 S 50th St, Phoenix, AZ 85044 |
Flex | 35,299 SF | 1999 | - |
|
Bldg B
14647 S 50th St, Phoenix, AZ 85044 |
Flex | 48,552 SF | 1999 | - |
|
Bldg A
14647 S 50th St, Phoenix, AZ 85044 |
Flex | 50,862 SF | 1999 | - |
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Contacts
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Eric Wichterman -
Diana Hernandez -
Christopher Toci -
Michael Coover -
Stephanie Adams -
Lindsay Davi -
Cushman & Wakefield
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Mountain Vista Commerce Center
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