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Details
This flex industrial building is located adjacent to the I-10 and 202 loop. Currently a 100% leased NNN lease with three tenants. Tenants pay premium rents because of the nature of the business their in, medical cannabis. First tenant has 15 years left on their lease with options for an additional 20 years. First tenant has a corporate guarantee in place. Second tenants lease ends at 2035, but also has options for an additional 5 years. Second tenant has a personal guarantee. Third tenants lease ends at 2035, but also has options for an additional 5 years. Third tenant has a corporate guarantee. Each lease has 3% annual increases. 12 month NOI +/- $1,051,476. NNN 100+ parking spots. 1031 Friendly.PROPERTY FEATURES
Water Source :
City Franchise
Sewer Source :
Public Sewer
Electric :
3 Phase Power, Over 220 Amp
Parking Features:
Private, Free
Fencing :
Chain Link
Cooling:
Central Air
Heating :
Electric, Natural Gas
Construction Materials:
Block
Flooring :
Concrete
PROPERTY DETAILS
Street Address: 17006 S WEBER Drive
City: Chandler
State: Arizona
Postal Code: 85226
County: Maricopa
MLS Number: 6854580
Year Built: 2018
Courtesy of Joseph J Kachuroi
City: Chandler
State: Arizona
Postal Code: 85226
County: Maricopa
MLS Number: 6854580
Year Built: 2018
Courtesy of Joseph J Kachuroi
Courtesy of Orion Investment Real Estate