AVNET
6700 W Morelos Pl, Chandler, AZ 85226 United States
Building Size
231,454 SF
Building Size
231,454 SF
OVERVIEW
- Single-tenant industrial building boasting 35 ft warehouse ceiling clearances and totaling ±231,454 square feet.
- 100% leased by AVNET, Inc (NASDAQ: AVT, Fitch: BBB-), one of the world’s largest technology distributors.
- Current in-place rent is approaching 60% below market, providing superb upside potential while benefiting from stable cash flow.
- In July 2024, AVNET doubles down on innovation, investing over $1MM into power upgrades, advanced air conditioning systems, and condenser unit enhancements into key customer lab space.
- AVNET is currently reconfiguring the facility to accommodate the consolidation of another facility.
- Building features ±45% warehouse, ±34% R&D/engineering/lab, and ±21% office space—an extremely rare and desirable configuration in the market.
- Located at the convergence of the I-10 and Loop 202, providing near-immediate freeway access, freeway visibility, and access to a population of over 2.16 million people within a 30-minute drive.
- Ideally located in the heart of ‘The Silicon Desert’, a trade area in the Valley that has become nationally renowned for its high concentration of technology companies.
Details
- Building Size:
- 231,454 SF
AVAILABILITIES