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ChromaScape Industrial 4430 E Santa Fe Dr 64,414 SF Industrial Building Kingman, AZ 86401 $5,960,891 CAD ($92.54 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Net Lease with Annual Rent Increases
- Located in Kingman Airport & Industrial Park
- Industrial Corridor | Near the $44M I-40/Rancho Santa Fe Traffic Interchange Project
- Efficient West Coast Distribution
- Mission-Critical Operations
- Kingman, AZ Advantage
Executive Summary
CBRE is pleased to exclusively offer the opportunity to acquire the 64,414-square-foot ChromaScape industrial facility situated on a 3.92-acre parcel in Kingman, Arizona—a principal city of the Lake Havusu City-Kingman, AZ MSA (Population: 225,785). ChromaScape’s net lease features ±11.7 years of term remaining with 3% annual rent increases throughout the initial term. Rent during the two, 5-year renewal options is initially set to 95% of fair market rent.
Property Facts
| Price | $5,960,891 CAD | Rentable Building Area | 64,414 SF |
| Price Per SF | $92.54 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1990 |
| Cap Rate | 7.25% | Tenancy | Single |
| Property Type | Industrial | No. Dock-High Doors/Loading | 4 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 3.92 AC |
| Price | $5,960,891 CAD |
| Price Per SF | $92.54 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.92 AC |
| Rentable Building Area | 64,414 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
1 1
Property Taxes
| Parcel Number | 310-19-225 | Improvements Assessment | $4,715,201 CAD |
| Land Assessment | $191,029 CAD | Total Assessment | $4,906,230 CAD |
Property Taxes
Parcel Number
310-19-225
Land Assessment
$191,029 CAD
Improvements Assessment
$4,715,201 CAD
Total Assessment
$4,906,230 CAD
Contacts
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Brian Pfohl -
Cyrus Felfeli -
Katie Goldberg -
Ben Farthing -
Kaitlyn Wolf -
Leah Lindell -
Abby Kelly -
CBRE
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ChromaScape Industrial | 4430 E Santa Fe Dr
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