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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.
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 | Number of Properties | 2 |
| Price / SF | $229.56 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 74,490 SF |
| Status | Active | Total Land Area | 8.73 AC |
| 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 | - |
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Whispering Wind Corporate Center
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