2625 E Rose Garden Ln Phoenix, AZ 85050

This exceptional 14,621-square-foot flex building in Phoenix, Arizona, presents a compelling investment opportunity. Situated on a 1.03-acre lot at 2625 E Rose Garden Ln, 85050, this two-story, Class B building was constructed in 2004. Currently occupied by a single tenant under a true NNN lease structure with five years remaining, the property offers significant upside potential. The tenant, Exos, has invested millions in capital improvements since 2014, transforming the space into a high-quality facility featuring recording studios, executive offices, and training areas. The building boasts grade-level loading doors and has been recognized with an Architectural Building of the Year award. The lease includes annual escalations tied to 100% of the CPI. The property's adaptable design allows for conversion into modern warehouse space with Class A++ office finishes. The current net operating income (NOI) for 2023 is available upon request, along with details on the 6% cap rate. This is a rare chance to acquire a well-maintained, high-performing asset in a desirable Phoenix location. The property's strong tenant history and flexible layout make it an ideal investment for discerning buyers seeking stable income and long-term growth.