1000 South Priest Drive, Phoenix

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1000 South Priest Drive, Phoenix
100% owned by the DXS PortfolioView a list of all DXS Properties

The property is located east of I-10 between University Drive and Broadway Road. The property is a one-story concrete tilt-up, single tenant, flex building with a built-up tar roof system.

Details

Building Type: Business Park
Title:  Freehold
Site Area: (acres)  3.8
Lettable Area: ('000 ft2)  54.9
Number of Buildings:  1 
Car Parking Space/s:  177 


Metro Area: Phoenix 
Zoning: City Centre 
Site Coverage: (%)30
Number of Units: 1 
Average Unit Size ('000 ft2): 55 
Acquisition Date: Sep 2004 
Acquisition Price plus Additions: (US$m) 4.2
Book Value: (US$m)1.8
Independent Valuation Date:Dec 2009 
Independent Valuation: (US$m)2.9 
Market Cap Rate: (%)13.02
Discount Rate: (%)10.25
Average Market Rent: (US$/ft2)6.25
Data last updated: 18 August 2010