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Single-Tenant Industrial

841 S 71st Ave

841 S 71st Ave, Phoenix, AZ 85043

Listing Price: $8,400,000

Cap Rate
5.60%
Gross SF
35,328
Price/Gross SF
$237.77
Lot Size
3.37 acres
Year Built
1995
Rentable SF
35,328

Investment Overview

Marcus & Millichap is pleased to offer for sale this exceptional mid-sized industrial manufacturing warehouse opportunity.
This location offers a user the mobility and access to serve the entire Phoenix Metro valley commercial and residential base and is positioned to be a perfect asset for a manufacturing or service company. Additionally, it is an exceptional location for a company whose focus supports the millions of square feet of large distribution space surrounding the asset. A supporting attribute to this prime asset is the ± 1.0 acre of additional land which can be purposed for industrial outdoor storage space (IOS), a very valuable, scarce, and highly sought after feature in an industrial property. Two separate parcels constitute this offering, the smaller land parcel can be separately sold to partially recoup acquisition costs or developed into a small speculative light industrial facility to meet the high market demand for this product. Additional value is achieved by the ± 4,013 SF of mezzanine office space and ± 2,320 square feet of warehouse mezzanine space which is not included in the asset’s total square footage figure.
This offering is priced to realize a quick sale to a motivated and prepared buyer who understands the value of this location, the quality of this building, and to meet their opportunities for future business and appreciation growth.

Investment Highlights

  • 35,328 INDUSTRIAL MANUFACTURING WAREHOUSE
  • 2 PARCELS TOTAL / ± 146,773 (3.37AC)/ ± 24.1% COVERAGE (IOS)
  • NEWLY PAINTED EXTERIOR / WAREHOUSE INTERIOR, NEW ASPHALT SEAL, SLURRY, STRIPE

Exclusively Listed By

Financing By

Single-Tenant Industrial

841 S 71st Ave

Listing Price: $8,400,000

Cap Rate
5.60%
Gross SF
35,328
Price/Gross SF
$237.77
Lot Size
3.37 acres
Year Built
1995
Rentable SF
35,328

Investment Highlights

  • 35,328 INDUSTRIAL MANUFACTURING WAREHOUSE
  • 2 PARCELS TOTAL / ± 146,773 (3.37AC)/ ± 24.1% COVERAGE (IOS)
  • NEWLY PAINTED EXTERIOR / WAREHOUSE INTERIOR, NEW ASPHALT SEAL, SLURRY, STRIPE

Investment Overview

Marcus & Millichap is pleased to offer for sale this exceptional mid-sized industrial manufacturing warehouse opportunity. This location offers a user the mobility and access to serve the entire Phoenix Metro valley commercial and residential base and is positioned to be a perfect asset for a manufacturing or service company. Additionally, it is an exceptional location for a company whose focus supports the millions of square feet of large distribution space surrounding the asset. A supporting attribute to this prime asset is the ± 1.0 acre of additional land which can be purposed for industrial outdoor storage space (IOS), a very valuable, scarce, and highly sought after feature in an industrial property. Two separate parcels constitute this offering, the smaller land parcel can be separately sold to partially recoup acquisition costs or developed into a small speculative light industrial facility to meet the high market demand for this product. Additional value is achieved by the ± 4,013 SF of mezzanine office space and ± 2,320 square feet of warehouse mezzanine space which is not included in the asset’s total square footage figure. This offering is priced to realize a quick sale to a motivated and prepared buyer who understands the value of this location, the quality of this building, and to meet their opportunities for future business and appreciation growth.

Exclusively Listed By

Financing By

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