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15601 N 28th Ave 65,000 SF 100% Leased 4-Star Industrial Building Phoenix, AZ 85053 $12,500,000 ($192.31/SF)
INVESTMENT HIGHLIGHTS
- Existing Building with Excess Land, Highway Exposure and Commerce Park (General Commerce Park Option) Zoning
- General Plan Calls for Industrial Land Use, Zoning Provides for High Lot Coverage
- Close Proximity to Deer Valley Industrial Submarket, TSMC, and has easy access to I-17
EXECUTIVE SUMMARY
The opportunity for sale consists of a 40,066 SF building situated on 3.85 AC (General Commerce Park) parcel. The property has excellent freeway access and visibility. The coverage ratio is currently roughly 16.24% with a General Commerce Park option providing for up to 50% lot coverage (buyer to verify). The improvements are configured for medical office, however may be retro-fitted towards office, research & development, and potentially climate controlled advanced manufacturing. Low lot coverage, commerce park zoning, and excess land presents an opportunity for redevelopers and end users.
PROPERTY FACTS
| Price | $12,500,000 | Lot Size | 3.88 AC |
| Price Per SF | $192.31 | Construction Status | Proposed |
| Sale Type | Investment or Owner User | Rentable Building Area | 65,000 SF |
| Property Type | Industrial | No. Stories | 1 |
| Building Class | A | ||
| Zoning | I-P - Industrial, I-P | ||
| Price | $12,500,000 |
| Price Per SF | $192.31 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | A |
| Lot Size | 3.88 AC |
| Construction Status | Proposed |
| Rentable Building Area | 65,000 SF |
| No. Stories | 1 |
| Zoning | I-P - Industrial, I-P |
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PROPERTY TAXES
| Parcel Number | 207-42-257 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $827,375 |
PROPERTY TAXES
Parcel Number
207-42-257
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$827,375
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15601 N 28th Ave
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