2423 E University Dr - Refrigeration Cold Storage FOR SALE


Phoenix, AZ 85034- Central City
$4,500,000 USD
602-474-9516
2423 E University Dr, Phoenix, AZ for Sale
$4,500,000 USD
Refrigeration Cold Storage - FOR SALE
1/56
null | Request Cap Rate

2423 E University Dr
Phoenix, AZ 85034
Central City


HIGHLIGHTS

  • Freestanding cold storage building with ±17,671 SF of space designed for diversified storage needs.
  • Well-equipped with three dock-high doors, up to 20-foot clear height, and working floor drains.
  • Includes ±8,846 SF of refrigerated space, ±3,364 SF cold storage, and a dedicated 0° freezer.
  • Office and shipping areas feature climate control, LED lighting, and high-speed fiber connectivity.
  • Close proximity to Phoenix Sky Harbor Airport and major freeways including I-10, Loop 202, and SR-143.
  • Recent renovations include LED lighting upgrades and fully insulated storage systems.

OVERVIEW

This ±17,671 square foot cold storage building offers a rare opportunity for owner-users or investors seeking an adaptable food-grade facility in Phoenix’s central industrial corridor. The property combines extensive refrigerated and freezer space with a well-designed office component and efficient warehouse layout. Located minutes from Phoenix Sky Harbor International Airport and surrounded by major transportation routes including Interstate 10, State Route 143, and Loop 202, the site provides exceptional regional connectivity for distribution and logistics. Previously renovated with modern upgrades, the facility includes a fully insulated cold storage area capable of maintaining 0° and 32° environments, along with LED-lighted dry storage and working floor drains. The office space is air-conditioned and connected with high-speed fiber optics. Three dock-high loading doors and up to 20' clear height enhance operational efficiency for shipping and receiving. With significant power capacity and a freon-based cooling system, this building is structured for businesses requiring reliable, temperature-controlled environments. Positioned within one of Phoenix’s most active industrial markets, this asset’s combination of functionality, access, and cold storage infrastructure makes it a strong long-term investment.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Refrigeration Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

UTILITIES

Lighting

CLEAR CEILING HT

20 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12

LAND SF

48,787

ZONING

A-2

APN/PARCEL ID

121-43-063C

ASK ABOUT THIS PROPERTY

Conner LeeLee & AssociatesMore Info
602-474-9516

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

Conner LeeLee & AssociatesMore Info
602-474-9516

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