Fully Leased Multi-Tenant Industrial Building for Sale in Phoenix Listing Details & Market Data

3620 W Clarendon Ave, Phoenix, AZ 85019

  • For Sale Contact for pricing
  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 0.65 SF
  • Date Updated Apr 8, 2024

Fully leased multi-tenant industrial building for sale at 3602 West Clarendon Avenue in Phoenix. Building consists of ±12,848 square feet on ±0.65 acres. Property is fully leased for three years.

Sale price is $1,495,000 ($116.36 per square foot).

The suite sizes are approximately ±3,108 square feet, ±3,500 square feet and ±6,240 square feet. All suites are currently occupied on leases executed during the 2023 calendar year. The average in-place rents are $1.00 (monthly, per square foot, industrial gross) approximately twenty percent below current market conditions of $1.20 (monthly, per square foot, industrial gross).

The property offers an exceptional opportunity to acquire a fully occupied warehouse located in an infill area within four to five miles of downtown Phoenix. The combination of stable in-place cash flow, functional multi-tenant building, and the opportunity to add value through increased rents, provides investors a unique opportunity.

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Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Chris Reese

Colliers

(602) 222-5089

broker

Casey Koziol

Colliers

(602) 222-5035

broker

Payson MacWilliam

Colliers

(602) 222-5060

broker

Don MacWilliam

Colliers

(602) 222-5059

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (58)

  • Transit Score ®

    Some Transit (40)

  • Bike Score ®

    Bikeable (68)
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood Maryvale
  • Zip Code 85019
  • Market Phoenix

Points of Interest

  • 19th Ave/ Camelback

    2.53 miles

  • 19th Ave/ Montebello

    2.93 miles

  • 7th Ave/ Camelback

    3.34 miles

  • Indian School/ Central Ave

    3.69 miles

  • Osborn/ Central Ave

    3.70 miles

  • Campbell/ Central Ave

    3.73 miles

  • Thomas/ Central Ave

    3.76 miles

  • Central Ave/ Camelback

    3.76 miles

  • Glendale/ 19th Ave

    3.82 miles

  • Encanto/ Central Ave

    3.90 miles

  • Circle K

    0.35 miles

  • Kings Gas

    0.35 miles

  • Costco Gasoline

    0.48 miles

  • QuikTrip

    0.79 miles

  • Valero

    0.82 miles

  • Arco

    0.83 miles

  • Chevron

    1.16 miles

  • Sinclair

    1.17 miles

  • Union 76

    1.17 miles

  • Chevron

    1.18 miles

  • 33rd Ave Parking Garage

    1.29 miles

  • 31st Ave Garage

    1.45 miles

  • 29th Ave Garage

    1.47 miles

  • Halo Parking Garage

    1.50 miles

  • Grove Parking Garage

    1.63 miles

  • Missouri Garage

    1.86 miles

  • 75 - Rivers Parking Garage

    1.94 miles

  • Metro Rail Park'n'Ride

    2.54 miles

  • 19th Ave and Montebello Park and Ride

    2.89 miles

  • Phoenix College North Lot

    2.91 miles

  • Cardenas

    0.50 miles

  • dd's Discounts

    0.58 miles

  • Lams Market

    1.28 miles

  • El Super

    1.91 miles

  • Food City

    2.04 miles

  • Walmart Supercenter

    2.06 miles

  • Ross

    2.12 miles

  • Fry's Food and Drug

    2.27 miles

  • Super 99 Center

    2.36 miles

  • Walmart Supercenter

    2.38 miles

Contact Fully Leased Multi-Tenant Industrial Building for Sale in Phoenix