2824 E Washington St - Warehouse FOR SALE


Phoenix, AZ 85034- East Side
$2,100,000 USD
602-885-6359
2824 E Washington St, Phoenix, AZ for Sale
$2,100,000 USD
Warehouse - FOR SALE
1/8
null | 6.15% Cap Rate

2824 E Washington St
Phoenix, AZ 85034
East Side


HIGHLIGHTS

  • ±8,083 SF Freestanding Industrial Building on ±0.50 AC
  • Power - 400Amp 240V (To be Confirmed by Buyer)
  • Fully Fenced and Secured
  • Frontage on Washington St
  • Fully Leased to PumpMan through September 2028
  • 6.15% Cap Rate | $2,100,000 Asking Sales Price

OVERVIEW

±8,083 SF freestanding industrial building on ±0.47 AC available for sale just north of Phoenix Sky Harbor airport. The property is centrally located with proximity to Loop 202, SR-51, I-17, and I-10, with frontage on Washington Street. The property is fully leased to PumpMan through September of 2028. Investment Highlights: - Leased to PumpMan through September of 2028 - Lease Rate - $10,777.33/mo NNN - 3% Annual Increases - 3.5 Years Remaining on Lease - 6.15% Cap Rate

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.48

LAND SF

20,735

ZONING

A-1

APN/PARCEL ID

121-65-120A,121-65-122A,121-65-124A

ASK ABOUT THIS PROPERTY

Max Schumacher, SIORRein & GrossoehmeMore Info
602-885-6359

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Max Schumacher, SIORRein & GrossoehmeMore Info
602-885-6359

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