12473 North 92nd Drive | Peoria, AZ

Building Size (SF): 2,937

Land Size (Acres): 3.03 Acres

Status: Active

Description: Alignment acquired this single-tenant property in January, 2025 subject to a NNN lease with the landscaping supply company “SiteOne” (NYSE: SITE).  The low-coverage industrial outdoor storage (IOS) property was acquired at an attractive basis of $15.91/land foot with an in-place rental rate approximately one-third (1/3) of market level.  Alignment acquired this property on an all-cash basis and intends to hold it for long-term cash flow.