31906 Camelback RdBuckeye, AZ 85396

  • Industrial properties
  • 29,760 SF
For Sale
$24,405,850 View listing

Property Details for 31906 Camelback Rd

Lot size
521.00 AC
Property size (Sq ft)
29,760 SF
Property type
Industrial properties
Property subtype
Other specialty properties

Description

This exceptional investment opportunity presents a 29,760 square foot industrial property situated on a substantial 521-acre lot in Buckeye, Arizona. The property, located at 31906 W Camelback Rd, 85396, features a single tenant, credit-rated Holcim US, the world's largest cement producer. The lease is a NNN (Net, Net, Net) structure, providing guaranteed income with annual rent and royalty increases built into the agreement. The property boasts a strong 8.00% cap rate and a significant net operating income (NOI) of $1,952,468, with an asking price of $24,405,850. The tenant, Pioneer Landscaping Materials, Inc., a leading distributor of bulk landscape and hardscape materials, operates a block plant on the site, leveraging the quarry's high-grade materials. This prime location benefits from significant growth in the West Valley of Phoenix, including substantial residential development (approximately 4,877 active and 89,840 future units within the immediate trade area) and proximity to major infrastructure projects, including Interstate 11. The property's APN is 504-03-011A, 504-03-011B, 504-08-196B, and 504-08-198C. Maricopa County's rapid growth and Phoenix's position as a leading industrial market further enhance the investment potential. This offering represents a secure, high-yield investment in a thriving region.

31906 Camelback Rd, Buckeye, Arizona

Location Insight

City
Buckeye
County
Maricopa
State
Arizona
Latitude
33.5089
Longitude
-112.739

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