Description

Cushman & Wakefield’s Phoenix Industrial Private Capital Group is proud to present a premier investment opportunity at 8388 East Hartford Drive #105, a ±35,237 SF manufacturing condominium located within the prestigious Scottsdale Airpark, one of Metro Phoenix’s most sought-after industrial submarkets. The property is fully leased to Kleen Concepts under an absolute triple net (NNN) lease, ensuring zero landlord responsibilities. Kleen Concepts is a leading manufacturer and packaging partner for global beauty and wellness brands, offering investors strong tenant stability, durable income, and high credit quality. The industrial condo format further enhances liquidity and accessibility, appealing to both institutional and private capital investors seeking exposure to one of the nation’s top-performing industrial markets. Situated in the heart of Scottsdale Airpark, the property benefits from a thriving business environment supported by corporate headquarters, technology firms, advanced manufacturers, and distribution companies. With immediate access to the Loop 101 Freeway and close proximity to Scottsdale Airport, the location offers unmatched regional and national connectivity. Limited industrial supply, high tenant demand, and strong barriers to entry have driven consistent rental growth and asset appreciation in this submarket. For tenants, the Airpark’s strategic location, skilled labor pool, and proximity to affluent communities create an ideal operational hub, while investors benefit from long-term value preservation and growth potential. This offering provides a rare chance to acquire an institutionally built industrial facility in a high-demand logistics hub. Combining stable cash flow from a global tenant, below-market rents, and modern building specifications, the property is well-positioned for long-term adaptability and value enhancement. Anchored by superior accessibility to key transportation routes and surrounded by robust market fundamentals, 8388 East Hartford Drive #105 represents a best-in-class industrial investment offering both secure income and significant future growth potential.