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.