91st Ave Trade Center

• 100% Occupied Two-Tenant International Credit: The Property is fully occupied by PPG Paints (Fortune 500 Company NYSE: PPG) and Van Marcke Trade Supply (A Belgium based company with USA Headquarters in Phoenix). This property provides investors with an established income-producing retail asset supported by two complementary commercial tenants. In addition to Tenant Strength, the tenants have shown long term commitment to the site with a 16 and 22-year tenure at the location. Both tenants are top-producing stores.
• Replaceable Rents Without Options: The Property features below market rents without Tenant renewal options giving an investor the opportunity to mark to market increasing yield. Tenants have CPI and fixed rental rates. This offers investors the opportunity to evaluate rental rate adjustments and potential lease restructuring upon lease expirations.
• Well-Maintained Property & Recent Capital Improvements: The Property has been well maintained, highlighting the following: 2026 – New Roof with a 5-year transferable warranty. 2024 – Updated sprinklers and Fire Riser rebuild. 2022 – New asphalt pavement, re-graded and compacted for better drainage and ADA accessibility. 2020 – All (7) new rooftop York HVAC units. 2017 – LED upgrades to interior overhead fixtures, exterior walkway & security lighting, and pole signage. 2011/2014 – updated building plumbing and electrical.
• Historical Property Reports: Property has a clean environmental record in addition to a prior ALTA Survey.
• Attractive Multi-Tenant Investment Structure: The Property’s two-tenant configuration provides income diversification compared with traditional single-tenant investments while maintaining a relatively straightforward ownership and management structure.
• Established National & Global Tenancy: The Property features PPG Paints, a nationally recognized paint and coatings brand. PPG is a publicly traded Investment Grade Tenant and reports a BBB+ credit rating. Van Marcke Trade Supply, is an established international plumbing and HVAC supply distributor with more than 25 locations across Arizona, Nevada, and Texas. The tenant mix caters to both professional contractors and retail customers, supporting demand from the surrounding residential and commercial markets.
• Strategic Contractor-Oriented Tenant Mix: The combination of paint products and plumbing/HVAC supplies positions the Property to serve local contractors, trade professionals, and property maintenance businesses throughout the Northwest Valley, providing a complementary mix of service-oriented retail uses.
• Buyer Broker Sales Incentive: Subject to pricing, Seller is offering a sales incentive. Contact Broker for details.
• No Seller Limitations: Sellers are not in a 1031 exchange, allowing Buyer to close by years end if needed.