Single-Tenant Industrial
Symlar Group SLB
4956 E Ingram St, Mesa, AZ 85205
Listing Price: $1,925,000
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
Listing Price: $1,925,000
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.