6718 South Harl Avenue — Sale in Tempe, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Tempe, AZ 85283

Description

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire 6718 S. Harl Avenue, a 149,755-square-foot, single-tenant industrial building in Tempe, AZ. Located just minutes from the I-10 Freeway, the Property offers exceptional connectivity to major transportation corridors and benefits from 385 feet of I-10 frontage. The Property is 100% leased to Bunzl, a BBB+ investment-grade credit tenant that has occupied the building since 1995. Bunzl is a premier distribution company with over 27,000 employees worldwide and a presence in 33 countries. With Bunzl’s rent 19% below market, 2.2 years of term remaining, and no restrictive renewal options, the asset offers immediate mark-to-market upside in one of the fastest-growing metros in the country.

Market Context

This commercial property in Tempe, AZ is listed for sale. It has been on the market for 81 days. Compare it against other commercial property listings for sale in Tempe, AZ — view the full market.

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