Phoenix, Arizona

🌿 12,000 SF Industrial Warehouse | Absolute NNN Lease | Opportunity Zone | 7.54% Cap Rate

📊 Investment Highlights

• Asking Price: $2,150,000

• Cap Rate: 7.54%

• NOI: $162,150

• Lease Type: Absolute Triple Net (NNN) — zero landlord responsibilities

• Investment Type: Net Lease / Passive Income

• Annual Rent Increases: 4.76% average — built-in hedge against inflation

• Tenant: Single, long-term occupant with substantial site improvements

• Power Supply: 3,000 amps / 3-phase power — ideal for industrial or cannabis use

• Building Size: 12,000 SF

• Lot Size: 0.86 Acres

• Occupancy: 100%

• Zoning: Industrial (City of Phoenix)

• Opportunity Zone: Yes — potential capital gains tax advantages for investors

• Broker Co-Op: Yes

🧾 Executive Summary

A premier passive-income industrial investment located in Phoenix, Arizona, this 12,000-square-foot warehouse is leased on an absolute triple net (NNN) basis to a single tenant who has made extensive site improvements, demonstrating long-term operational commitment. The property provides investors a hands-off ownership experiencewith no landlord obligations and a 7.54% capitalization rate, making it an ideal choice for 1031 exchange buyers and income-focused portfolios.

The lease structure includes 4.76% annual rent increases, providing consistent income growth and protection against inflation. Equipped with heavy 3-phase, 3,000-amp power, the facility supports high-intensity industrial or potential cannabis-related operations. Its central Phoenix location ensures easy access to US-60, I-17, and I-10, key transportation arteries connecting metro and regional markets.

Situated within an Opportunity Zone, the property offers qualified investors the potential for significant tax benefits, including capital gains deferral or reduction. Combined with strong tenancy, heavy infrastructure, and a stable income profile, this asset delivers both immediate cash flow and long-term upside.

🏢 Property Overview

• Type: Industrial

• Subtype: Warehouse / Distribution / Cannabis-Ready Industrial

• Investment Type: Net Lease (Absolute NNN)

• Building Size: 12,000 SF

• Lot Size: 0.86 Acres

• Tenancy: Single Tenant

• Occupancy: 100%

• Year Built: 1970

• Cap Rate: 7.54%

• NOI: $162,150

• Annual Rent Escalations: 4.76%

• Power: 3,000 amps / 3-phase

• Zoning: Industrial (City of Phoenix)

• Opportunity Zone: Yes

• Access: Excellent proximity to US-60, I-17, and I-10

• Broker Co-Op: Yes

• Asking Price: $2,150,000

📍 Location Advantage

Centrally positioned within Phoenix’s thriving industrial corridor, this property benefits from proximity to major highways and logistical hubs, ensuring efficient connectivity across Arizona’s rapidly expanding commercial network. Located in an Opportunity Zone, investors gain the dual advantages of reliable, inflation-protected income and potential tax savings under federal Opportunity Zone programs.

The combination of a fully passive lease, strong power infrastructure, and tenant-invested improvements makes this an outstanding turnkey investment for buyers seeking stable income, long-term value, and minimal management in one of the country’s most robust industrial markets.