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8388 E Hartford Dr - Kleen Concepts 35,237 SF Industrial Condo Unit Offered at $14,848,424 CAD in Scottsdale, AZ 85255
INVESTMENT HIGHLIGHTS
- Absolute NNN lease - no landlord responsibilities
- Attractive 2.00% annual increases
- 100% leased to Kleen Concepts, a premier manufacturer and packaging partner for leading global beauty and wellness brands
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present the opportunity to acquire 8388 East Hartford Drive #105 (“the Property”), a ±35,237 SF manufacturing condominium located in the prestigious Scottsdale Airpark, one of the most sought-after industrial submarkets in Metro Phoenix. The Property is fully leased to Kleen Concepts on an absolute triple net lease, a premier manufacturer and packaging partner for leading global beauty and wellness brands, under a long-term lease. With a tenant deeply entrenched in the consumer products supply chain and committed to its operations, the asset offers investors durable income, tenant stability, and strong 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. The Scottsdale Airpark is widely recognized as one of Arizona’s most dynamic business corridors, home to a diverse mix of corporate headquarters, technology firms, advanced manufacturers, and distribution companies. With immediate access to the Loop 101 freeway and proximity to Scottsdale Airport, the submarket provides unmatched regional and national connectivity. Strong barriers to entry, limited industrial supply, and sustained tenant demand have consistently driven rental growth and property appreciation in the area. For tenants, the Airpark’s strategic location, high-quality labor pool, and proximity to affluent Scottsdale communities make it one of the most desirable operating environments in Metro Phoenix. For investors, these fundamentals translate into long-term value preservation and growth potential.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Total Building Size | 66,800 SF | Typical Floor Size | 33,400 SF |
| Property Type | Flex (Condo) | Year Built | 2000 |
| Property Subtype | Light Manufacturing | Lot Size | 5.45 AC |
| Building Class | B | Parking Ratio | 3.31/1,000 SF |
| Floors | 2 | ||
| Zoning | I-1 - Industrial | ||
| Total Building Size | 66,800 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 33,400 SF |
| Year Built | 2000 |
| Lot Size | 5.45 AC |
| Parking Ratio | 3.31/1,000 SF |
| Zoning | I-1 - Industrial |
1 UNIT AVAILABLE
Unit 105
| Unit Size | 35,237 SF | Sale Type | Investment |
| Price | $14,848,424 CAD | Cap Rate | 7.00% |
| Price Per SF | $421.39 CAD | NOI | $1,039,389.29 CAD |
| Condo Use | Industrial | APN/Parcel ID | 215-07-394 |
| Unit Size | 35,237 SF |
| Price | $14,848,424 CAD |
| Price Per SF | $421.39 CAD |
| Condo Use | Industrial |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| NOI | $1,039,389.29 CAD |
| APN/Parcel ID | 215-07-394 |
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8388 E Hartford Dr - Kleen Concepts
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