3650 N 40th Ave - Warehouse FOR SALE


Phoenix, AZ 85019
$5,250,000 USD
602-315-7131
3650 N 40th Ave, Phoenix, AZ for Sale
$5,250,000 USD
Warehouse - FOR SALE
1/18
null | 6.57% Cap Rate

3650 N 40th Ave
Phoenix, AZ 85019


HIGHLIGHTS

  • Conveniently located near Interstate 10 and Interstate 17, providing excellent regional access for distribution and logistics.
  • ±24,582 square feet of functional warehouse and flex space suitable for multiple industrial uses.
  • Frontage along 40th Avenue ensuring easy ingress and visibility within a well-established industrial corridor.
  • Situated on a ±46,609-square-foot lot, offering ample parking and maneuvering space for trucks and vehicles.
  • Delivered as a fully leased property, providing immediate income and stability for investors.
  • Located within a major Phoenix industrial hub, benefiting from strong tenant demand and sustained market growth.

OVERVIEW

This industrial/flex warehouse property offers a fully leased investment opportunity in Phoenix’s dynamic industrial submarket. The building spans approximately 24,582 square feet on a ±46,609-square-foot lot, providing functional warehouse space with flex capabilities. Positioned along 40th Avenue, the property is strategically located near major transportation routes, including Interstate 10 and Interstate 17, granting efficient connectivity to the broader metropolitan area, major distribution hubs, and Phoenix Sky Harbor International Airport. The property is offered at $5,250,000, reflecting a competitive 6.57% capitalization rate. Investors benefit from stable in-place income with upside potential supported by the strength of the Phoenix industrial market, which continues to experience strong demand for well-located warehouse facilities. Surrounded by an established industrial district, this asset presents long-term security and a favorable position for future appreciation.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

6.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

3

LAND DETAILS

LAND ACRES

1.07

LAND SF

46,609

ZONING

A-1

APN/PARCEL ID

107-21-070A

ASK ABOUT THIS PROPERTY

Tyson BreinholtCommercial Properties, Inc.More Info
602-315-7131

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Tyson BreinholtCommercial Properties, Inc.More Info
602-315-7131

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