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1515 W Deer Valley Rd
Phoenix, AZ 85027 Deer Valley

$1,025,000 USD

Warehouse Condo For Sale  •  2,640 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 2,640 SF
  • Lot Size 0.06 AC
  • Building Class B
  • Year Built 2004
  • Tenancy Single
  • Zoning A-1, Phoenix
38 Transit Score
36 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 102 Industrial 2,640 SF $1,025,000 USD
  • Unit Size: 2,640 SF
  • Condo Use: Industrial
  • Price: $1,025,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $388.26 USD

Description

Investment Overview:

Tenant 'Pork on a Fork' currently on a month-to-month
lease paying $6,195/Month Modified Gross

Tenant to sign a new 5-year lease at $6,195/Month
NNN with a 5-year option to renew at COE

7.3% Cap Rate (Pro Forma)

3% Annual increases

Mission Critical Location - Tenant has been in business
at this location since 2010

Loyal customer base in Deer Valley, catering for special
events and parties, sauce and rub sales

The Deer Valley industrial market in Phoenix is
exceptionally strong, driven by robust leasing and
investment activity, low vacancy, strategic access to
major freeway infrastructure and proximity to major
demand drivers like the growing semiconductor
ecosystem, making it one of the most in-demand and
resilient industrial submarkets in the metro.

Property Flyers

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 36 min - 25.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes
Preston Brimhall 602-619-9350 Basis Commercial Real Estate, LLC
Preston Brimhall 602-619-9350 Basis Commercial Real Estate, LLC