Smiley Lifting Solutions (4 Acres): Lease expires in 267 days (< 12 months)
Property Details
- Location
- Phoenix, AZ
- SF
- 21,735
- Acres
- 7.24
- Coverage
- 6.9%
- Dock Doors
- 61
- Drive-Ins
- 1
- Service Bays
- 2
- Wash Bay
- No
- Clear Height
- 10-13.5'
- Trailer Stalls
- 110
- Car Parks
- 70
Financials
- Occupancy
- 100%
- Total Annual Rent
- $689,668
- LP Investor
- Carlyle Property Investors
- Co-GP Investor
- Silverpeak
- Rent PSF
- $32
- Rent / Acre / Mo
- $7,938
Rate Benchmarking
Rent PSF
$31.73
+9.85 vs avg
Portfolio avg: $21.88
Rent / Acre / Mo
$7938
+554.40 vs avg
Portfolio avg: $7384
PSF Percentile
85th
vs. portfolio
Leases (2)
| Tenant | Type | Start | Annual Rent | Escalation | Next Esc. | Expiration | Renewal | |
|---|---|---|---|---|---|---|---|---|
| Oak Harbor Freights (21,735 SF) | NNN | 3/25/2021 (Oak Harbor) | $344,834 | 3.5% (Oak Harbor) | 12/1/2026 (Oak Harbor) | 11/30/2031 (Oak Harbor) | 1 five-year renewal option. | |
| Smiley Lifting Solutions (4 Acres) | NNN | 11/10/2021 (Smiley) | $344,834 | 3.0% (Smiley) | 12/1/2026 (Smiley) | 12/31/2026 (Smiley) | 1 five-year renewal option. |
Tenant News
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Oak Harbor Freights (21,735 SF)
Smiley Lifting Solutions (4 Acres)