Flexible ±20k - ±72k SF Mesa, AZ Industrial 260 S Hibbert St

The free-standing manufacturing and distribution facility comprises ±72,780 square feet of space, 3 external docks, 15' - 25' clear heights and 3 external levelators. The property sits on approximately ±1.90 acres of land and is located within downtown Mesa. Notably, this structure is suitable for cold storage and approximately 60% of the building is temperature controlled and insulated. FEATURED AVAILABILITIES & PRICING 20K SF STORAGE | Asking Market Rate 72K SF FULL-SITE | Asking Market Rate THE LOCATION Mesa, AZ offers a prime location in an up-and-coming area with a path of significant gentrification and progress. Offering easy access to highways US-60, Loop 101, and Loop 202, the 1.90-acre property is located north of Broadway Road near prominent businesses. The Phoenix-Mesa MSA is a top 5 industrial market with exceptional stability via its low vacancy rates, double-digit rent growth and inherent appreciation. THE MARKET Located in the thriving East Valley region, the Phoenix-Mesa industrial submarket has seen consistent demand and limited new development over the past decade. Industry reports contribute this dynamic to driving vacancy rates down from over 20% in 2010 to a mere 3.8% today. Over the past 12 months, rent growth has surged by 15.8%, reflecting the increasing appeal of this in-demand area. The subject property, which is available for the first time in more than 30 years, presents a rare opportunity for distribution, manufacturing, data center, or AI-focused tenants. Mesa is strategically located near the highly sought-after submarkets of Gilbert and Chandler, placing it at the heart of the Greater Phoenix industrial boom. DWG Capital Group Phone: 972.738.8586 | 310.261.8428 Email: jdunning@dwg-re.com Our team looks forward to your continued business in 2024. Specializing in: Multifamily | Development | Industrial | Office | Retail | Debt & Equity