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  • Listing ID: 17591101
  • Date Created: 10/30/2019
  • Last Updated:

Properties

Property Name / Address, City, State Property Type Size Year Built Individual Price
Bldg A
14647 S 50th St, Phoenix, AZ
Flex 51,966 1999 N/A
Bldg B
14647 S 50th St, Phoenix, AZ
Flex 47,448 1999 N/A
Bldg C
14647 S 50th St, Phoenix, AZ
Flex 35,299 1999 N/A
Show More > < Show Less

Highlights

  • Opportunity to own a 97% occupied building with no tenant roll until mid-2021.
  • Upside potential in increasing lease rates.
  • Future easy access with new Loop 202 South Mountain freeway (1/4 mile south), opens in early 2020

Sale Notes

Three-building multi-tenant flex industrial/office property, ±430 feet of frontage and visibility along Interstate 10. Prestigious Ahwatukee Foothills location, known for its upscale housing, shopping and dining that attracts a highly-paid and highly educated demography.

Airport

Phoenix Sky Harbor International Airport
20 min drive 11.6 mi
Bike Score ®
56
Bikeable
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Sale Advisors

602-224-4471 Contact
Eric Wichterman , Executive Managing Director-PRIVATE CAPITAL GROUP
602-224-4471 Contact
Eric Wichterman is an Executive Managing Director with 23 years of experience. He specializes in the sale of office investment properties and heads the top private capital markets team in the Greater Phoenix area. Over his career, Eric has closed over 470 sale transactions totaling over $2.7 billion in consideration, resulting in an unprecedented market share in the mid-cap sector of the Valley's office investment market. He has been the top overall producer of the Phoenix office 12 of the last 16 years. Eric serves on the Executive Board of Cushman & Wakefield’s national Private Capital Group which represents mid-cap investors and private clients in acquisitions and dispositions of investment properties in the southwest.
602-224-4473 Contact
Michael Coover , Managing Director
602-224-4473 Contact
As a Managing Director in the Private Capital Group, Mike specializes in office investment sales throughout Arizona. Since joining the Wichterman Investment Team as a partner in September of 2009, Mike has completed over 230 sale transactions totaling roughly $1.4 billion in consideration.
Mike’s former position at the firm was the Director of Client Services. His responsibilities included managing the Research, GIS and Marketing groups. In that capacity he also produced all commercial real estate market trend reports, economic overviews and forecasts.
602-682-8241 Contact
Steve Lindley , Executive Director
602-682-8241 Contact
Steve is part of Cushman & Wakefield's national Capital Markets group, representing sophisticated investor clients in acquisitions and dispositions of office and industrial properties in Arizona. His commitment to client service has resulted in sales totaling 27.6 million square feet and $2.3 billion. Prior to Cushman & Wakefield, Steve worked in the Capital Markets groups for national commercial real estate services companies including Grubb & Ellis, Trammell Crow and Insignia/ESG. He brings Wall Street experience to his capital markets practice, working in the 1980's at the New York City headquarters of investment bank Drexel Burnham Lambert. Steve has served on the advisory boards for both Urban Land Institute Arizona and AIA Phoenix Metro, is the leadership committee chair for Phoenix Metro Urban Young Life, and is an elder at Valley Presbyterian Church. A San Diego native, Steve has a B.S. degree in Finance from Arizona State University.

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