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5559 Sossaman Rd Mesa, AZ 85212

Triple-Net Leased Hangar Facility, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a state-of-the-art, 185,590-square-foot hangar facility in Mesa, Arizona's Gateway Executive Airpark. The property, located at 5559 S Sossaman Rd, 85212, consists of two single-story buildings on a 12.69-acre lot, offering 46-foot ceiling heights. Currently 100% occupied with three credit-rated tenants (Virgin Galactic, Boeing, and JetNexa), each leasing an entire hangar building or suite, providing exceptional diversification. The lease commenced October 1, 2024, with rent bumps included and lease options available. The property features ample parking (193 spaces per 1,000 sq ft). This is a Class A, multi-tenant, Net Lease (NNN) investment with a ground lease in place, expiring September 30, 2064, providing 40 years of remaining lease term. The property is ideally suited for long-term investors seeking stable income and significant appreciation potential in a prime location. This is a rare opportunity to acquire a high-quality, fully leased industrial asset with strong tenant covenants and a substantial remaining ground lease term.

Highlights

  • Class A, 185,590 SF industrial manufacturing facility in Mesa, AZ.
  • Net lease investment opportunity with three credit-rated tenants (Virgin Galactic, Boeing, and JetNexa).
  • 100% occupancy commencing October 1, 2024.
  • Two single-story buildings on a 12.69-acre lot with 46' ceiling heights.
  • Ground lease with 40 years remaining (expires 09/30/2064), featuring rent bumps and lease options.

Property Details for 5559 Sossaman Rd

Property type
Industrial properties, Manufacturing properties
Square Feet
185,590 SF
Class
A
Year Built
2024
Buildings
2
Stories
1
Lot Size (sq. ft)
552,776 SF
Units
1

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.315163965306
Longitude
-111.67882628989

FAQs

What type of property is this?
Industrial property - Triple-Net Leased Hangar Facility, 100% Occupied
Where is the industrial property located?
The property is located at 5559 Sossaman Rd Mesa, AZ.
What are key features of this property?
This property features: Class A, 185,590 SF industrial manufacturing facility in Mesa, AZ.; Net lease investment opportunity with three credit-rated tenants (Virgin Galactic, Boeing, and JetNexa).; 100% occupancy commencing October 1, 2024.
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5559 Sossaman Rd
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