26815 Baseline Rd, Buckeye, AZ 85326-5407

This exceptional investment opportunity presents a sale-leaseback of a ±65,109 square foot Class B industrial building in Buckeye, Arizona. Located at 26815 W Baseline Rd, this single-tenant property boasts a 100% occupancy rate with a national credit tenant, Parker Fasteners, under a 10-year NNN lease with two 5-year options. The property, built in 2001 with renovations in 2004, 2018, and 2019, features 9 loading docks (5 dock high), up to 38-foot ceiling heights, and 76 surface parking spaces. The building is fully air-conditioned and sprinklered, equipped with substantial HVAC capacity (eighteen units totaling over 100 tons), and boasts heavy power (7,600 Amps, 3-Phase, 480V). A recent $250,000 investment upgraded the building with fiber optics. The ±10.112-acre site includes undeveloped land allowing for future expansion, with concept drawings showing potential for an additional ±130,000 square feet of building space. The asking price is $14,500,000, with a pro-forma NOI of $916,583. This sale-leaseback offers a compelling opportunity to acquire a high-quality, well-located industrial asset with a strong, long-term tenant. Operating expenses are to be determined on a cost per square foot basis. The property is currently undergoing expansion, expected to be completed in November 2024, adding to the overall square footage and further enhancing its value.