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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
Northmarq is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase a brand new ± 119,180 SF Class A Office & SCIF facility located in Gilbert (Phoenix), Arizona (the "Property"). The Property is 100% leased to Northrop Grumman Systems Corporation (the "Tenant") under a 12-year, 4-month lease that commenced in September 2024.
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.
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
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Building Size
119,180 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
59,590 SF
Building FAR
0.29
Lot Size
9.41 AC
Zoning
LI - Light Industrial
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Property Taxes
| Parcel Number | 302-35-545 | Improvements Assessment | $0 |
| Land Assessment | $234,041 | Total Assessment | $234,041 |
Property Taxes
Parcel Number
302-35-545
Land Assessment
$234,041
Improvements Assessment
$0
Total Assessment
$234,041
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Northrop Grumman | 1655 E Elliot Rd
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