7775 N Casa Grande Highway, Tucson, AZ 85743
Newmark and RealINSIGHT Marketplace are pleased to present the opportunity to acquire 7775 N Casa Grande Hwy (the “Property”), a 71,059-square-foot industrial building located in the Optics Valley region of Tucson, Arizona. The building is currently 100% leased to two tenants: Leonardo US Electronics (88%) and Palese Proto Tech, Inc (12%). The current owners have meticulously maintained the Property and have invested over $800,000 in capital improvements over the last three years, including a new 20-year roof that was installed in 2017, and a new $200,000 chiller for the tenant’s cleanroom space.
7775 N Casa Grande Hwy is situated in the popular Northwest submarket of Tucson’s Optics Valley, which boasts a five-year average industrial vacancy of just 3.0%. As the market continues to tighten, demand for high-quality space will continue to grow, putting upward pressure on rents. The Property offers investors a secure cash flow stream from a well-positioned, credit-worthy tenant with a deep history at the Property that has heavily invested in their space and considers it a mission critical facility for their business
Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.
Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.
You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
Fisher Auction Company Inc.