Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Whispering Wind Corporate Center 2 Office Properties Offered at $17,100,000 in Phoenix, AZ

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Secure cash flow from six institutional-quality tenants from diverse industries
  • Well below reproduction cost pricing - an investor will purchase the property at a fraction of what it would cost to build today
  • Convenient regional location with easy access to Interstate 17 via Happy Valley Road, accessible to 3.28 million people within a 40-minute commute
  • Professionally maintained complex, limiting any near term capital expenditure by the purchaser
  • Tenants W.L. Gore & Associates and Sherwin Williams are joined by four other business
  • The area is home to dozens of private-entrepreneurial companies, along with numerous large-scale employers such as Cigna, Farmers Insurance, USAA, etc

EXECUTIVE SUMMARY

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the Whispering Wind Corporate Center (the “Property”), a ±74,520 square foot, class A suburban office complex that is 96% leased to six diverse tenants. This two-building office complex features dramatic lobbies, attractive architectural details and quality construction. Both W.L. Gore & Associates, a tenant since 2009, and Sherwin Williams, a tenant since 2019, recently extended their leases for 5 and 10 years respectively.
Strategically located in North Phoenix, just seven miles south of Taiwan Semiconductor Manufacturing Company’s (TSMC) $165+ billion fab plants, the Property offers exceptional access to area amenities, large employers, strong transportation infrastructure and outstanding population densities.
This Property offers investors a significant opportunity to acquire a modern, well-designed office complex that provides excellent stable cash flow from six creditworthy tenants. With current rents below market, the Property also offers promising future upside potential.

PROPERTY FACTS

Price $17,100,000
Price / SF $229.56 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 74,490 SF
Total Land Area 8.73 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Whispering Wind Corporate Center
2205 W Whispering Wind Dr, Phoenix, AZ 85085
Office 38,308 SF 2006 -
Whispering Wind Corporate Center
2225 W Whispering Wind Dr, Phoenix, AZ 85085
Office 36,182 SF 2007 -
Show More > < Show Less
  • Listing ID: 34875127

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: Whispering Wind Corporate Center, Phoenix, AZ

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}