Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire 8211 South 48th Street (the “Asset” or “Property”), located in Phoenix, Arizona. The Asset is a +/- 56,680 SF, institutional quality, two-story office building benefiting from a prime infill location with ease of access onto Interstate 10, other major highways, and an easy back route to the affluent Ahwatukee neighborhood. This two-story building is an exceptional vacant value-add investment, owner-user opportunity, or redevelopment with high quality infrastructure and multi- tenant capabilities. The Asset has multiple access points, central elevator and restroom corridor, and open lobby area allowing for multi-tenant capabilities. The buildout consists of interior conference rooms, some perimeter offices, and wide-open areas with significant natural light. Additionally, the Asset has a +/- 4.46 / 1,000 SF parking ratio totaling +/-253 parking spaces, including +/- 77 covered parking stalls, with multiple entrance / egress points off South 48th Street and Pointe Parkway West. Located just one-half mile from the Baseline Road and I-10 interchange on the border of Phoenix and Tempe, the Asset provides access to a large and dense labor pool. Within close proximity to multiple freeways including I-10, Loop 202, State Route 143, and U.S. 60, this Asset allows easy access to downtown Tempe, Arizona State University, Sky Harbor International Airport, and downtown Phoenix. The immediate area boasts a vibrant mix of local amenities, including dining and retail options, enhancing convenience and quality of life. Nearby retail amenities include a Fry’s grocery anchored retail center, numerous retail options, and Arizona Mills Mall, the largest indoor mall in the state of Arizona.