2.1 Acres Lot
2.1 Acres Lot
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
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
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