8388 E HARTFORD DR STE 105 Scottsdale AZ 85255-7806

Cushman & Wakefield’s is pleased to present the opportunity to acquire 8388 East Hartford Drive #105 (“the Property”), a ±35,237 SF manufacturing condominium located in the prestigious Scottsdale Airpark, one of the most sought-after industrial submarkets in Metro Phoenix. The Property is fully leased to Kleen Concepts on an absolute triple net lease, a premier manufacturer and packaging partner for leading global beauty and wellness brands, under a long-term lease. With a tenant deeply entrenched in the consumer products supply chain and committed to its operations, the asset offers investors durable income, tenant stability, and strong credit quality. The industrial condo format further enhances liquidity and accessibility, appealing to both institutional and private capital investors seeking exposure to one of the nation’s top-performing industrial markets.

The Scottsdale Airpark is widely recognized as one of Arizona’s most dynamic business corridors, home to a diverse mix of corporate headquarters, technology firms, advanced manufacturers, and distribution companies. With immediate access to the Loop 101 freeway and proximity to Scottsdale Airport, the submarket provides unmatched regional and national connectivity. Strong barriers to entry, limited industrial supply, and sustained tenant demand have consistently driven rental growth and property appreciation in the area. For tenants, the Airpark’s strategic location, high-quality labor pool, and proximity to affluent Scottsdale communities make it one of the most desirable operating environments in Metro Phoenix. For investors, these fundamentals translate into long term value preservation and growth potential.

INVESTMENT THESIS

8388 East Hartford Drive #105 offers investors the rare opportunity to acquire an institutionally built industrial facility on an absolute triple net lease in Phoenix’s premier Scottsdale Airpark submarket, one of the most dynamic logistics hubs in the Western U.S. The Property combines stable cash flow from a global tenant with the potential for meaningful value creation through below-market rents. Modern building specifications position the asset as highly adaptable to evolving tenant needs, with the option for further enhancing long-term flexibility. Anchored by immediate access to the Loop 101 Freeway and near Scottsdale Airport the Property is strategically situated to capitalize on sustained demand drivers. Together, these factors create a best-in-class investment opportunity offering both durable income and future growth potential.

INVESTMENT HIGHLIGHTS

• Absolute NNN lease - no landlord responsibilities

• 100% leased to Kleen Concepts, a premier manufacturer and packaging partner for leading global beauty and wellness brands

• Attractive 2.00% annual increases

TENANT HIGHLIGHTS

• Scottsdale-based contract manufacturer specializing in the formulation, production, and packaging of beauty, wellness, and personal care products

• Founded in 2006 with over 18 years of experience serving both emerging and established global brands

• Operates from an organic-certified facility supporting clean, sustainable, and cruelty-free manufacturing practices

• Offers full-service capabilities including custom formulation, turnkey production, labeling, and supply chain management

• Integrated with Allure Labs’ R&D platform, enhancing product innovation and technical expertise

LOCATION HIGHLIGHTS

• Positioned in the heart of Scottsdale Airpark — one of Metro Phoenix’s most active and prestigious industrial corridors

• Just minutes from Loop 101 and Scottsdale Airport, offering exceptional connectivity across the Valley

• Extremely high average household incomes over $195,000 in a 5 mile radius

• Ideally situated near Scottsdale’s premier neighborhoods — Silverleaf, DC Ranch, and Paradise Valley