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Kovach HQ - Bldg 1 3195 W Armstrong Pl

66,813 SF Industrial Building Chandler, AZ 85286 £12,640,160 (£189/SF) 4.15% Net Initial Yield

Executive Summary

±66,813 SF Office/Industrial/ Manufacturing single-tenant building for sale located in the prestigious Price Road Corridor surrounded by numerous Fortune 500 Companies and leased through October 2026. The current tenant brings a 4.15% cap rate ($663,453 NOI) to the property with its current lease rate below market. The layout includes 4.% office and 60% warehouse with a minimum clear height of 30', covered parking, a fenced yard/additional parking; all sitting on a ±5.16 acre parcel. Ideal for a 1031 investment or owner user facility, call for additional property and sale details.

Property Facts

Price £12,640,160
Price Per SF £189
Sale Type Investment or Owner User
Net Initial Yield 4.15%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 5.16 AC
Rentable Building Area 66,813 SF
Number of Floors 1
Year Built 2005
Tenancy Single
Level Access Doors 2

Amenities

  • Fenced Lot
  • Yard

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • -
  • 66,600 SF
  • -
  • -

Kovach is one of the nation’s largest integrated designers, manufacturers and installer of high quality panel and glazing system for commercial building enclosures in the higher education, healthcare, municipal, commercial, sports arena and airport end markets. We maximize design intent by providing value oriented solutions.

Tenant Industry SF OCCUPIED RENT/SF Lease End
- 66,600 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
303-25-754
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£633,458

zoning

Zoning Code I-1, Chandler (Industrial)
I-1, Chandler (Industrial)
  • Listing ID: 31740347

  • Date on Market: 08/05/2024

  • Last Updated:

  • Address: 3195 W Armstrong Pl, Chandler, AZ 85286

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