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Single-Tenant Industrial Manufacturing Facility
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11690 N 132nd Ave, Surprise, AZ 85379

State-of-the-art single-tenant manufacturing facility on an absolute triple-net lease with 4.0 years remaining.

Space Size167,291 SF
Days on Market166

Property Features for 11690 N 132nd Ave

General Information

Standard status Active
Size 167,291 SF
Property subtype INDUSTRIAL
Occupancy 100%

Building Details

Tenancy Single

Spaces For Lease

at 11690 N 132nd Ave
11690 N 132nd Ave AVAILABLE, Now
Size 167,291 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
Skyway industrial Center, a ±167,291 SF, state-of-the-art single-tenant manufacturing facility located at 11690 North 132nd Avenue in Surprise, Arizona. The Property is 100% leased to Interstate Companies, Inc., a diversified industrial operator specializing in sales, service, and support of heavy-duty trucks, diesel engines, industrial transmissions, and power generation products. They have a strong presence across the Midwest and other regions, providing repair services, industrial bearings, and specialized contract assembly. With 40+ locations across 14 states, Interstate Companies operates a scaled and strategically diversified national platform that drives consistent revenue generation, enhances brand strength and customer reach, and reinforces long-term operational stability through service integration, and established market presence. They have 4.0 years of remaining lease term on an absolute triple-net lease with an extension option in place that offers investors the potential to secure long-term tenancy.
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Listing Agency: Cushman & Wakefield | Phoenix
Listed By: Phil Haenel
Source: Moodyscre
Added: May 8 Changed: Oct 5 Last Checked: Oct 19 at 8:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Phoenix

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Investment Insights

Based on property information with market context.

Skyway Industrial Center is a single-tenant, state-of-the-art manufacturing facility totaling 167,291 square feet. The property is 100% leased to Interstate Companies, Inc., which provides sales, service, and support for heavy-duty trucks, diesel engines, industrial transmissions, and power generation products, along with repair services, industrial bearings, and specialized contract assembly.

The lease is structured as an absolute triple-net with an extension option, and the tenant has 4.0 years of remaining lease term. The offering includes an established national operating platform supported by a footprint of 40+ locations across 14 states.

The asset is positioned for long-term industrial occupancy through the current lease commitment and extension option in place.

Key Highlights

  • 116,291 SF single‑tenant manufacturing facility at 11690 North 132nd Avenue in Surprise, Arizona
  • 100% leased to Interstate Companies, Inc., specializing in heavy‑duty trucks, diesel engines, industrial transmissions, and power generation products
  • Tenant provides repair services, industrial bearings, and specialized contract assembly

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 85379, AZ

49,441
Population
16,052
Households
3.1
Avg Household Size
35
Median Age
32%
College-Educated
95%
High-School Grad
10.7 sq mi
ZIP Area
4,621
Density / Sq Mi
$102,823
Median Household Income
$49,543
Median Earnings
$1,944
Median Rent
$413,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - State-of-the-art single-tenant manufacturing facility on an absolute triple-net lease with 4.0 years remaining.
Where is this manufacturing property located?
The property is located at 11690 N 132nd Ave Surprise, AZ.
What are key features of this property?
This property features: 116,291 SF single‑tenant manufacturing facility at 11690 North 132nd Avenue in Surprise, Arizona; 100% leased to Interstate Companies, Inc., specializing in heavy‑duty trucks, diesel engines, industrial transmissions, and power generation products; Tenant provides repair services, industrial bearings, and specialized contract assembly
(602) 695-4700 Call to check price and availability
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