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1515 W Deer Valley Rd - Bldg B 2,640 SF Industrial Condo Unit Offered at $1,025,000 in Phoenix, AZ 85027
EXECUTIVE SUMMARY
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 FACTS
| Total Building Size | 2,640 SF | Year Built | 2004 |
| Property Type | Industrial (Condo) | Tenancy | Single |
| Property Subtype | Warehouse | Lot Size | 0.06 AC |
| Building Class | B | Parking Ratio | 21.97/1,000 SF |
| Floors | 1 | Opportunity Zone |
Yes
|
| Typical Floor Size | 2,640 SF | ||
| Zoning | A-1, Phoenix - [A-1] Light Industrial | ||
| Total Building Size | 2,640 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,640 SF |
| Year Built | 2004 |
| Tenancy | Single |
| Lot Size | 0.06 AC |
| Parking Ratio | 21.97/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | A-1, Phoenix - [A-1] Light Industrial |
AMENITIES
- Air Conditioning
UTILITIES
- Lighting
- Water - City
- Sewer - City
1 UNIT AVAILABLE
Unit 102
| Unit Size | 2,640 SF | Sale Type | Investment or Owner User |
| Price | $1,025,000 | Cap Rate | 7.30% |
| Price Per SF | $388.26 | NOI | $74,825 |
| Condo Use | Industrial | APN/Parcel ID | 209-25-022 |
| Unit Size | 2,640 SF |
| Price | $1,025,000 |
| Price Per SF | $388.26 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.30% |
| NOI | $74,825 |
| APN/Parcel ID | 209-25-022 |
Presented by
1515 W Deer Valley Rd - Bldg B
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