Skip to main content

Net Lease

W.W. Williams | Industrial Corporate | Absolute NNN Lease

2602 S 19th Ave, Phoenix, AZ 85009

Listing Price: $10,472,500

Cap Rate
5.50%
Gross SF
190,635
Price/Gross SF
$54.93
Lot Size
28.92 acres
Year Built
1973
Rentable SF
190,635

Investment Overview

Founded in Columbus, Ohio, in 1912, W.W. Williams is one of the nation’s largest sales and service networks of industrial power products. It offers service and repair, OEM product sales, and supply chain management solutions. Its products and service offerings include diesel engines, transmissions, bumper-to-bumper truck repair, transport refrigeration, power generation systems, and supply chain logistics services. The company serves on-highway truck fleets, off-highway equipment users, Department of Defense, vehicle and equipment OEMs, commercial facility owners, and marine equipment owners. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation's 11thlargest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million.

Investment Highlights

  • Tenant Will Execute New 15-Year Absolute NNN Lease with Two Percent Annual Increases at the Close of Escrow
  • Updated Building with Solar Panel Technology
  • Excellent Frontage Along South 19th Avenue, Accessed by Over 43,550 Cars Daily
  • Situated Immediately Off Interstate 17, a Major Connector for the Greater Phoenix Area with 126,000+ Cars/Day
  • Dense Infill Location Just South of Downtown Phoenix with 302,805 Residents within a Five-Mile Radius
  • Located in Phoenix's Primary Industrial Area - Phoenix is the Second Most Active Industrial Market in the US
  • Five Miles West of Phoenix Sky Harbor International Airport (Approximately 38.8 Million Passengers in 2021)

Exclusively Listed By

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s) AZ: SA659077000

    Arizona

Financing By

Net Lease

W.W. Williams | Industrial Corporate | Absolute NNN Lease

Listing Price: $10,472,500

Cap Rate
5.50%
Gross SF
190,635
Price/Gross SF
$54.93
Lot Size
28.92 acres
Year Built
1973
Rentable SF
190,635

Investment Highlights

  • Tenant Will Execute New 15-Year Absolute NNN Lease with Two Percent Annual Increases at the Close of Escrow
  • Updated Building with Solar Panel Technology
  • Excellent Frontage Along South 19th Avenue, Accessed by Over 43,550 Cars Daily
  • Situated Immediately Off Interstate 17, a Major Connector for the Greater Phoenix Area with 126,000+ Cars/Day
  • Dense Infill Location Just South of Downtown Phoenix with 302,805 Residents within a Five-Mile Radius
  • Located in Phoenix's Primary Industrial Area - Phoenix is the Second Most Active Industrial Market in the US
  • Five Miles West of Phoenix Sky Harbor International Airport (Approximately 38.8 Million Passengers in 2021)

Investment Overview

Founded in Columbus, Ohio, in 1912, W.W. Williams is one of the nation’s largest sales and service networks of industrial power products. It offers service and repair, OEM product sales, and supply chain management solutions. Its products and service offerings include diesel engines, transmissions, bumper-to-bumper truck repair, transport refrigeration, power generation systems, and supply chain logistics services. The company serves on-highway truck fleets, off-highway equipment users, Department of Defense, vehicle and equipment OEMs, commercial facility owners, and marine equipment owners. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation's 11thlargest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million.

Exclusively Listed By

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s): AZ: SA659077000

    Arizona

Financing By

MM Texture Background
MM Textured Background Lower