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Single-Tenant Industrial

Symlar Group SLB

4956 E Ingram St, Mesa, AZ 85205

Listing Price: $1,925,000

Cap Rate
6.44%
Gross SF
6,520
Price/Gross SF
$295.25
Lot Size
1.00 acres
Year Built
1997
Rentable SF
6,520

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a single-tenant industrial sale-leaseback Asset located at 4956 East Ingram Street, Mesa, AZ (“Asset”).

The Asset is currently occupied by Water & Energy Systems Technology, Inc. (“W.E.S.T.”), a specialty water treatment chemical and systems provider founded in 1992.. In conjunction with Sylmar Group’s acquisition of W.E.S.T., Sylmar Group (“Tenant”) — a water treatment platform in operation for over 70 years — will execute a new 10-year NNN lease commencing at close of escrow and ensuring continuity of operations under new ownership.

Investment Highlights

  • 1.0-acre site with a 12% floor area ratio (FAR), providing substantial outdoor yard area to support Tenant's warehousing operations
  • Functional ±6,520 square foot building constructed in 1997 with a mix of concrete block and pre-engineered steel exterior walls
  • Sylmar will occupy the Asset under a new 10-year NNN lease commencing upon COE, with Tenant responsible for taxes, insurance, and maintenance

Exclusively Listed By

  • Peter Bauman

    Senior Managing Director Investments

    (602) 687-6685

    Email Peter

    License(s): AZ: SA647389000, NV: S.0186153

    Phoenix

  • Tivon Moffitt

    Senior Managing Director Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00

    Phoenix

Financing By

Single-Tenant Industrial

Symlar Group SLB

Listing Price: $1,925,000

Cap Rate
6.44%
Gross SF
6,520
Price/Gross SF
$295.25
Lot Size
1.00 acres
Year Built
1997
Rentable SF
6,520

Investment Highlights

  • 1.0-acre site with a 12% floor area ratio (FAR), providing substantial outdoor yard area to support Tenant's warehousing operations
  • Functional ±6,520 square foot building constructed in 1997 with a mix of concrete block and pre-engineered steel exterior walls
  • Sylmar will occupy the Asset under a new 10-year NNN lease commencing upon COE, with Tenant responsible for taxes, insurance, and maintenance

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a single-tenant industrial sale-leaseback Asset located at 4956 East Ingram Street, Mesa, AZ (“Asset”). The Asset is currently occupied by Water & Energy Systems Technology, Inc. (“W.E.S.T.”), a specialty water treatment chemical and systems provider founded in 1992.. In conjunction with Sylmar Group’s acquisition of W.E.S.T., Sylmar Group (“Tenant”) — a water treatment platform in operation for over 70 years — will execute a new 10-year NNN lease commencing at close of escrow and ensuring continuity of operations under new ownership.

Exclusively Listed By

  • Peter Bauman

    Senior Managing Director Investments

    (602) 687-6685

    Email Peter

    License(s): AZ: SA647389000, NV: S.0186153

    Phoenix

  • Tivon Moffitt

    Senior Managing Director Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00

    Phoenix

Financing By

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