17006 S WEBER Drive new

Chandler,AZ 85226

$ 10499000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Pecos Industrial Park

MLS Listing ID 6814359

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2018

Annual Tax Amount $19,930

Tax Year 2024

Lot Size 2.099 Acres

Acres 2.1

Property Description

Motivated Seller! Will consider ALL offers.

This flex industrial building is located adjacent to the I-10 and 202 loop. Currently a 100% leased NNN lease with two 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 in 2031, but also has options for an additional 5 years. Second tenant did not sign a corporate guarantee. Each lease has 3% annual increases. 12 month NOI +/- $1,051,476.

One oversized grade level door. Large 2.10 acre lot with 80 parking spaces. Medical Cannabis license is not for sale, tenant owns medical cannabis license, not property owner.

Location

State AZ

County Maricopa

Community Pecos Industrial Park

Zoning IND-3

Direction Enter E Fairview St off of S 56th St, then you will find S Weber Dr.

Interior

Heating Electric,Natural Gas

Cooling Central A/C

Flooring Concrete

Exterior

Parking Features Private Parking,Free

Fence Chain Link

Roof Type See Remarks

Present Use Mixed Use,Warehouse

Total Parking Spaces 80

Building

Dwelling Type Industrial

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 301-85-058-F

View More
Favorite Go Tour