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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.

Property Facts

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 A
14647 S 50th St, Phoenix, AZ 85044
Flex 50,862 SF 1999 -
Bldg B
14647 S 50th St, Phoenix, AZ 85044
Flex 48,552 SF 1999 -
Bldg C
14647 S 50th St, Phoenix, AZ 85044
Flex 35,299 SF 1999 -
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  • Listing ID: 33908158

  • Date on Market: 2024-11-18

  • Last Updated:

  • Address: Mountain Vista Commerce Center, Phoenix, AZ

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