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Property profile & analytics
OFF-MARKET
Industrial properties

5559 Sossaman Rd Mesa, AZ 85212

185,590 SF 12.69 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a state-of-the-art, 185,590-square-foot hangar facility in Mesa, Arizona's Gateway Executive Airpark. The property, located at 5559 S Sossaman Rd, 85212, consists of two single-story buildings on a 12.69-acre lot, offering 46-foot ceiling heights. Currently 100% occupied with three credit-rated tenants (Virgin Galactic, Boeing, and JetNexa), each leasing an entire hangar building or suite, providing exceptional diversification. The lease commenced October 1, 2024, with rent bumps included and lease options available. The property features ample parking (193 spaces per 1,000 sq ft). This is a Class A, multi-tenant, Net Lease (NNN) investment with a ground lease in place, expiring September 30, 2064, providing 40 years of remaining lease term. The property is ideally suited for long-term investors seeking stable income and significant appreciation potential in a prime location. This is a rare opportunity to acquire a high-quality, fully leased industrial asset with strong tenant covenants and a substantial remaining ground lease term.

Property profile
Verified
Property type Industrial properties
Year built 2024
Total area 185,590 SF
Lot 12.69 ac (552,776 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • flyNEXA Vocational School Training Center
  • jetNEXA Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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