Parkside 19 - Owner User Investment Opportunity Near TSMC
Perfect Owner/User Investment Opportunity Near TSCM Facility
Marketing description
Parkside 19 is a two-story, multi-tenant office building consisting of +/- 27,878 rentable SF (+/- 28,479 total building SF) located in the sought-after Deer Valley submarket, surrounded by corporate neighbors and retail amenities. Built in 2006, Parkside 19 is currently 100 percent leased to six (6) tenants: Answers Aerospace, Ament Professional Services, Trailhead Health & Rehab LLC, Independent Home LLC, Addiction Treatment Service and Michaels Wilder. There will be aprox 10,370 SF coming available soon making this a great opportunity for an owner/user to acquire this asset.
Investment highlights
Key Property Highlights:
Qualified Opportunity Zone: The property is located in a Qualified Opportunity Zone, offering potential capital gains tax incentives for the buyer.
TSMC Proximity: The site is ideally positioned approximately 5 miles south of the massive TSMC semiconductor plant, placing it in the direct path of the vendor and supply-chain growth hitting the North Phoenix corridor.
Immediate Vacancy: +/- 10,370 SF is coming available in Suites 105 and 210. This allows a user to occupy a significant portion of the building while the remaining 64% occupancy provides immediate cash flow.
Strategic Logistics: Located in the sought-after Deer Valley submarket, the property is just minutes from the Phoenix Deer Valley Airport, I-17, and Loop 101.
Building Features: This is a two-story, elevator-served building built in 2006. It offers monument signage and a parking ratio of 3.20/1,000 SF with covered spaces.
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