4445 S 36th St - Warehouse FOR SALE


Phoenix, AZ 85040
$9,830,000 USD
773-727-4285
4445 S 36th St, Phoenix, AZ for Sale
$9,830,000 USD
Warehouse - FOR SALE
1/3
null | 6.25% Cap Rate

4445 S 36th St
Phoenix, AZ 85040


HIGHLIGHTS

  • Experienced, Successful Operator with 30+ Year History
  • Mission-Critical Facility with Strong Customer Base
  • Parent Company Guarantor
  • Attractive Location within Primary Market
  • Healthcare Industry Focus
  • Long-Term Abs NNN Lease with Options & Desirable Rent Increases

OVERVIEW

Northmarq is pleased to exclusively offer for sale to qualified investors the opportunity to acquire the single-tenant industrial linen facility located at 4445 S 36th Street in Phoenix, AZ (the “Property”). The Property consists of a +/- 48,263 SF building on +/- 3.08 acres and is leased to Core Linen Services (“Core Linens” or the “Tenant”). The Tenant signed a 15-year absolute triple net lease, which commenced in August of 2023, with contractual cash flow through July of 2038. BJ Feller, Arizona Lic #BR685825000

FOR SALE DETAILS

PRICE

$9,830,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CORE Linen Services

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

7

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.08

LAND SF

134,086

ZONING

I-P

APN/PARCEL ID

122-74-150C

ASK ABOUT THIS PROPERTY

BJ FellerNorthmarqMore Info
773-727-4285

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BJ FellerNorthmarqMore Info
773-727-4285

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