CapRock Partners purchased a newly constructed, 216.9k sf industrial facility in Phoenix. The Class A property is located at 7200 W. Roosevelt St, roughly a quarter mile south of I-10.
The property’s strategic location places it near dozens of household name brands and enables single-day deliveries to California, Dallas, Denver and Salt Lake City. With national firms such as FedEx, PepsiCo, PetSmart and Amazon as its neighbors, the facility has generated preliminary interest from a variety of tenants who want to lease the facility as a distribution hub.
Spanning 12 acres, 7200 W. Roosevelt St. was recently completed and was designed to accommodate up to two tenants. The building features the following such amenities as: 32′ clear height; 30 dock-high doors; two grade-level doors; 48 trailer stalls; fully secured concrete truck court; 3,600 amps, 277/480V power; and 52’ x 55’ column spacing.
This article was originally published at RENTV.com and features Nicholas Ilagan (Senior Vice President of Asset Management at CapRock Partners). Read the entire article >>