Property History
Property Type
Property Type
Marketing Description
This ±16,000 square foot, N+1 mission-critical IT Solutions Operations and Datacenter is 100% leased on a long-term NNN lease to Cyber Trails, LLC, a wholly-owned subsidiary of Nexus Technologies, LLC. Having occupied this property since 2005, this facility is home to NexusTek’s Phoenix Network Operations Center that supports clients across the United States through a wide-ranging menu of IT Services. The Property has an enhanced technology-oriented infrastructure to provide mission-critical reliability, and is surrounded by robust connectivity of highly reliable and affordable power and fiber optics.
Strategically located just north of Loop 101 within the Deer Valley Airpark, which surrounds the Deer Valley Municipal Airport, it is easily accessible to the entire Valley of the Sun through the network of interconnected freeways, including Loop 101, Interstate 17, State Route 51 and others. Deer Valley Airpark submarket boasts a very low industrial/flex vacancy. Today, out of 607 buildings totaling 15.1 million SF in this Airpark that are available for lease, there is vacancy of only 11.4%, with shortages of availability of similar space for lease. Of the 401 building that are 20,000 SF or less, the vacancy rate is only 6.4%, with only seven freestanding buildings currently available in the 12,000 to 18,000 SF size range.
Investment Highlights
- Mission-critical facility that is occupied by NexusTek for its Phoenix IT Solutions Network Operations Center and Datacenter with robust security and redundant connectivity
- Tenant has invested multi-millions into the building, equipment and infrastructure to maintain it in top condition
- Strategic location with access to robust, reliable and very affordable fiber and power
- Current rental rate is ±40% below market
- Priced at a significant discount to estimated replacement cost of ±$400 PSF
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Mindy Korth PRO
•••.•••.5005
•••••.•orth@••••••••.com
Listing removed on
BY:
Kirk Kuller
•••.•••.0561
••••.••ller@••••••••.com
Listing removed on
BY:
Sean Westfall PRO
•••.•••.5375
•••••fall@••••••••.com
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