330 S 75th Ave - Distribution FOR SALE


Phoenix, AZ 85043
$13,000,000 USD
602-980-8898
330 S 75th Ave, Phoenix, AZ for Sale
$13,000,000 USD
Distribution - FOR SALE
1/11
null | Request Cap Rate

330 S 75th Ave
Phoenix, AZ 85043


HIGHLIGHTS

  • Extremely Rare, RAIL-SERVED Industrial property With Large Secured Yard Area in Prime Location
  • Attractive Owner-User Investment Opportunity
  • One-of-a-Kind Industrial Facility
  • Logistic Oriented Location
  • Maricopa “County Island” With Heavy Zoning

OVERVIEW

Newmark, as an exclusive advisor, is honored to present the opportunity to acquire the fee-simple interest in 330 S 75th Ave (the “Property”), a one-of-a-kind owner/user or investor opportunity in the heart of Phoenix’s Southwest Valley industrial market. This unique offering includes 4 freestanding warehouse structures totaling ±73,791 SF positioned upon ±10.6 acres of premier industrial land. The property features heavy industrial zoning, 5+ acres of outdoor secured storage area and two Union Pacific rail spurs (one active). The property is currently occupied by 3 tenants with in-place rents that are ±50% below market and a landlord right to terminate each lease within 120 days’ notice. 330 S 75th Ave presents an excellent opportunity for an owner-user or investor to purchase a highly desirable infill industrial property in a mature and thriving area.

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

330 South 75th Ave

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

Water - Well, Sewer - City

CLEAR CEILING HT

20 Ft

DOCKS

9

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.58

LAND SF

460,865

ZONING

IND-3

APN/PARCEL ID

104-11-004X,104-11-004Y,104-11-004Z

ASK ABOUT THIS PROPERTY

Gary CornishNewmarkMore Info
602-980-8898

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Gary CornishNewmarkMore Info
602-980-8898

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