±54 K SF | ±$8.1 M | Superior Small Bay Multi-Tenant Industrial

Highlights:

• STRATEGIC AIRPORT INDUSTRIAL LOCATION Located within the Sky Harbor industrial corridor with immediate access to I-10, Highway 143, and Phoenix Sky Harbor International Airport.
• DISCOUNT TO REPLACEMENT COST Offered at approximately $150 per square foot, significantly below estimated replacement costs exceeding $250 per square foot.
• STABILIZATION UPSIDE The property is currently 80% occupied, providing near-term NOI growth through lease-up of Building 3.
• DURABLE SMALL-BAY INDUSTRIAL DEMAND Suite sizes ranging from 1,500 to 19,000 SF cater to the highly active small-tenant industrial segment.
• RECENT CAPITAL IMPROVEMENTS Over $350,000 in recent upgrades including exterior improvements, mechanical updates, security enhancements, and site upgrades.
• LONG-TERM RENT GROWTH POTENTIAL Infill industrial assets near Phoenix Sky Harbor continue to experience strong rental growth due to limited supply and high tenant demand.

Description:

DWG Capital Group is pleased to present the opportunity to acquire 1645–1711 E. Jackson Street, a ±54,085 square foot multi-tenant industrial portfolio strategically located within Phoenix’s highly sought-after Sky Harbor Airport industrial corridor.

The property consists of four shallow-bay industrial buildings situated on ±2.20 acres, offering a highly functional layout designed to accommodate a diverse mix of small and mid-size industrial users, including manufacturing, assembly, and service-oriented tenants. The asset’s demisable bay configuration (±1,580 SF to ±19,000 SF) provides strong leasing flexibility and tenant retention advantages.

Currently operating at approximately 80% occupancy, the property generates ~$480,000 in-place NOI, with a clear and executable path to stabilization through lease-up of a recently repositioned ±8,640 SF vacancy. Upon stabilization, projected NOI increases to approximately $607,000, representing an attractive 7.5% cap rate at the offering price.

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