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Northrop Grumman 1655 E Elliot Rd 119,222 SF 4-Star Office Building Gilbert, AZ 85233 For Sale
Investment Highlights
- Industry-Leading Tenant: NOC (NYSE) | Moody's A3 Stable
- New Long-Term NNN Lease with Annual Increases
- Strategic Location
- Investment-Grade Parent Company
- Newly Constructed Institutional Quality Build-to-Suit
- Significant Tenant Investment in a Mission-Critical, Synergistic Facility
Executive Summary
The Property serves as both executive & administrative office space (50%) and highly secured SCIF (Sensitive Compartmented Information Facility) space (50%). The SCIF space is designed to protect, store, and electronically process classified governmental information requiring confidentiality and restricted access for the sake of national security. The Property is strategically located in the Gilbert Spectrum Business Park adjacent to Northrop Grumman’s existing 255,000 SF Satellite Manufacturing Facility.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Professional, Scientific, and Technical Services
- -
- -
- Triple Net
- -
Northrop Grumman is a major aerospace and defense technology company headquartered in Falls Church, Virginia. The firm was formed in 1994 through the merger of Northrop Corporation and Grumman Corporation, combining decades of expertise since their founding in 1939 and 1929, respectively. It delivers systems, products, and solutions in areas including autonomous systems, cyber, C4ISR, space, and strike platforms to government and commercial customers worldwide. Northrop Grumman operates across key U.S. and international markets through multiple business sectors and has built a reputation for technological innovation such as stealth aircraft, missile defense, and advanced space platforms. Listed on the NYSE under ticker symbol NOC, the company is a publicly traded corporation.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Professional, Scientific, and Technical Services | - | - | Triple Net | - |
Property Taxes
| Parcel Number | 302-35-545 | Improvements Assessment | $0 |
| Land Assessment | $234,041 | Total Assessment | $234,041 |
Property Taxes
Presented by
Northrop Grumman | 1655 E Elliot Rd
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