1515 W Deer Valley Rd - Warehouse CONDO FOR SALE


Phoenix, AZ 85027- Deer Valley
$1,025,000 USD
602-619-9350
1515 W Deer Valley Rd, Phoenix, AZ for Sale
$1,025,000 USD
Warehouse CONDO - FOR SALE
1/16
null | 7.3% Cap Rate

NEW


1515 W Deer Valley Rd
Phoenix, AZ 85027
Deer Valley


OVERVIEW

Investment Overview: Tenant 'Pork on a Fork' currently on a month-to-month lease paying $6,195/Month Modified Gross Tenant to sign a new 5-year lease at $6,195/Month NNN with a 5-year option to renew at COE 7.3% Cap Rate (Pro Forma) 3% Annual increases Mission Critical Location - Tenant has been in business at this location since 2010 Loyal customer base in Deer Valley, catering for special events and parties, sauce and rub sales The Deer Valley industrial market in Phoenix is exceptionally strong, driven by robust leasing and investment activity, low vacancy, strategic access to major freeway infrastructure and proximity to major demand drivers like the growing semiconductor ecosystem, making it one of the most in-demand and resilient industrial submarkets in the metro.

FOR SALE DETAILS

PRICE

$1,025,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

7.3%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg B

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

2,640 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,657 SF

ZONING

A-1, Phoenix

APN/PARCEL ID

209-25-021,209-25-022,209-25-023,209-25-024,209-25-025,209-25-026,209-25-027,209-25-028,209-25-029

ASK ABOUT THIS PROPERTY

Preston BrimhallBasis Commercial Real Estate, LLCMore Info
602-619-9350

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Preston BrimhallBasis Commercial Real Estate, LLCMore Info
602-619-9350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.