- For Sale Contact for pricing
- Property Type Industrial - Warehouse/Distribution
- Property Size 110,526 SF
- Year Built 2010
- Date Updated Jun 1, 2023
Colliers Industrial Capital Markets, as exclusive advisor, is pleased to introduce for the first time the opportunity to purchase 1881 E. University Drive in Phoenix, Arizona (the “Property”). The 110,526 square foot manufacturing and warehousing facility is 100% owner-occupied by OTC Industrial Technologies (the “Ownership”). Ownership desires to enter into a long-term sale-leaseback for the fee simple interest in the building and the 8.72 acres of land thereunder.
The offering provides an opportunity to acquire a long-term, fully stabilized asset occupied by a well capitalized operator and backed by a financial resolute national entity. The Property is situated in one of the most dynamic growth markets in the United States that consistently ranks in the top 5 for net absorption and rent growth.
Centrally located in the heart of Phoenix, 1881 E. University enjoys immediate access to the Phoenix Sky Harbor International Airport, Union Pacific Rail yard and the I-10 Freeway.
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Contacts
Michael Kendall
Gian Bruno
Kenny Patricia
Robert T. Martensen
Colliers
(602) 222-5082
Shane Woloshan
Location
Getting Around
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Walk Score ®
Car-Dependent (22) -
Transit Score ®
Some Transit (34) -
Bike Score ®
Bikeable (52)
- City Phoenix, AZ
- Neighborhood South Mountain Highland Terrace
- Zip Code 85034
- Market Phoenix
Points of Interest
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Rental Car Center
0.54 miles
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West Ground Transportation Center
0.98 miles
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24th St/ Jefferson
1.80 miles
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12th St/ Jefferson
1.84 miles
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24th St/ Washington
1.86 miles
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12th St/ Washington
1.94 miles
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Terminal 3
1.96 miles
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Terminal 3
2.01 miles
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3rd St/ Jefferson
2.25 miles
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3rd St/ Washington
2.41 miles
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Shell
1.00 miles
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Tesla Destination Charger
1.16 miles
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Circle K
1.65 miles
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Arco
1.75 miles
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Circle K
1.78 miles
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Blink
1.81 miles
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Blink
1.82 miles
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Chevron
1.88 miles
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QuikTrip
1.98 miles
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Shell
2.03 miles
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Visitor Parking (Car Rental)
0.62 miles
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UPS Parking Lot
1.24 miles
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City of Phoenix Employee Parking
1.31 miles
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Facilities & Services Visitor Parking
1.31 miles
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Air Cargo Employee Parking
1.36 miles
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South Air Cargo Employee Parking
1.36 miles
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Tonto Marshalling Yard
1.42 miles
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Railway freight staging area
1.50 miles
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Terminal 2 Cell Phone/Waiting Lot
1.57 miles
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West Economy Parking
1.66 miles
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Fry's Food and Drug
2.43 miles
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Phoenix General
2.97 miles
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Target
3.07 miles
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Fry's Food and Drug
3.09 miles
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Safeway
3.32 miles
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Walmart Neighborhood Market
3.35 miles
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Food City
3.35 miles
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My Florist Plaza
3.76 miles
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Fry's Food and Drug
4.30 miles
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EL Super
4.31 miles