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2259 W Shangri La Rd
Phoenix, AZ 85029
Multi-Tenant Industrial/Automotive · Industrial Property For Sale

Investment Highlights

  • Multi-Tenant Industrial
  • A-1 Zoning
  • Additional Land Available - Fenced and Secured
  • Rent Growth Potential

Property Facts

Property Type Industrial
Property Subtype
Service
  • Flex Light Manufacturing
  • General Retail Auto Repair
  • Industrial Manufacturing
Building Class C
Lot Size 0.67 AC
Rentable Building Area 16,019 SF
No. Stories 1
Year Built 1984
Parking Ratio 3.12/1,000 SF
Clear Ceiling Height 15’
No. Drive In / Grade-Level Doors 16
Zoning A-1, City of Phoenix - A-1, Light Industrial District, is a district of industrial uses designed to serve the needs of the community for industrial activity.

Amenities

  • Fenced Lot
  • Security System
  • Yard
  • Monument Signage

Utilities

  • Water - City
  • Sewer - City

About 2259 W SHANGRI LA RD , PHOENIX, AZ 85029

• For-Sale: $1,500,000 ($93.64 PSF) • For-Lease: $.85/Gross - 3,950 SF • 16,019 SF • 1600a 120/208 3p 4w • A-1 Zoning, City of Phoenix • 15' Clear Height • .67 Acres (29,185 SF) • .32 Acres (13,904 SF) of Additional Land Available For-Sale - 2260 W Shangri La Rd • 75% Leased • 50 Free Parking Spaces - .21/1,000 SF • Taxes – $14,730.36/annual ($.92 PSF) & $1,302.86/annual ($.09 PSF) • APN: 149-08-083B & 149-08-056M • Located in Opportunity Zone • Buildings in Opportunity Zone: Tax Bene?ts for Investors Tax on the Initial Realized Capital Gain is Deferred and Reduced Depending on the Length of Time the Investment is Held for (5 or 7 years) • If Investment is Held for 10 Years, Capital Gains Made on the Investment will not be Taxed Additional land sale contingent on sale of 2259 W Shangri La Rd Phoenix, AZ 85029.

Property Taxes

Property Taxes

Parcel Number
149-08-083B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$116,254
  • Listing ID: 19051915

  • Date on Market: 3/30/2020

  • Last Updated:

  • Address: 2259 W Shangri La Rd, Phoenix, AZ 85029

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