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2346 E University Dr
Phoenix, AZ 85034
Bldg 5 · Industrial Property For Sale · 13,518 SF

Investment Highlights

  • Located within Phoenix’s established Sky Harbor industrial submarket.
  • Industrial condominium ownership opportunity in a central infill location.
  • A-2 zoning allows flexibility for numerous commercial and industrial users.
  • Convenient access to Phoenix Sky Harbor International Airport and major freeways.
  • Fully air-conditioned bay supports a variety of operational uses.

Executive Summary

2346 E. University Drive is a multi-tenant industrial condominium property located within Phoenix’s Sky Harbor submarket. The building features a contemporary concrete tilt-panel design with dedicated parking, grade-level access, and a professional business park setting. Its location provides convenient connectivity to Phoenix Sky Harbor International Airport, downtown Phoenix, and the region’s primary freeway network. The property is positioned within an established commercial and industrial corridor that supports a diverse mix of business users. The building's configuration is designed to accommodate a range of industrial and commercial occupancies while offering functional access and operational flexibility. The surrounding area benefits from a strong concentration of employment, transportation infrastructure, and supporting commercial services. The property's location and building design contribute to its appeal for owner-users and investors seeking industrial condominium ownership within one of the Phoenix metropolitan area's most established business districts.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 175
  • 2,480 SF
  • Industrial
  • Upon Request
  • -
Sale Type Owner User
APN/Parcel ID 115-32-064
Description
Sale Price: $680,000 ($274 PSF)
2,480 Square Feet, Suite 175
Power: 200/400A, 400V
A-2 Zoning, City of Phoenix
Fully Air Conditioned Bay
15’ - 16’ Clear Height
Sale Notes
Suite 175 at 2346 E. University Drive offers an opportunity to acquire an industrial condo unit within Phoenix’s highly sought-after Sky Harbor submarket. The available unit includes a fully air-conditioned bay, 200/400A, 400V electrical service, A-2 zoning, and approximately 15' to 16' clear height, supporting a variety of industrial and commercial operations. Its location near Sky Harbor International Airport and major transportation corridors provides convenient regional access for businesses requiring efficient connectivity throughout the Phoenix metropolitan area. The property's functional layout and utility infrastructure accommodate manufacturing, distribution, storage, service, and owner-user occupancy needs. With industrial ownership opportunities remaining limited in many infill Phoenix locations, this offering presents a chance to secure a well-located commercial asset in an established business environment. The combination of zoning, power capacity, and operational functionality supports both immediate occupancy and long-term ownership objectives.
Unit Unit Size Condo Use Price NOI
Unit 175 2,480 SF Industrial Upon Request -

Unit 175

Unit Size
2,480 SF
Condo Use
Industrial
Price
Upon Request
NOI
-

Unit 175

Unit Size 2,480 SF
Condo Use Industrial
Price Upon Request
NOI -
Sale Type Owner User
APN/Parcel ID 115-32-064
Description
Sale Price: $680,000 ($274 PSF)
2,480 Square Feet, Suite 175
Power: 200/400A, 400V
A-2 Zoning, City of Phoenix
Fully Air Conditioned Bay
15’ - 16’ Clear Height
Sale Notes
Suite 175 at 2346 E. University Drive offers an opportunity to acquire an industrial condo unit within Phoenix’s highly sought-after Sky Harbor submarket. The available unit includes a fully air-conditioned bay, 200/400A, 400V electrical service, A-2 zoning, and approximately 15' to 16' clear height, supporting a variety of industrial and commercial operations. Its location near Sky Harbor International Airport and major transportation corridors provides convenient regional access for businesses requiring efficient connectivity throughout the Phoenix metropolitan area. The property's functional layout and utility infrastructure accommodate manufacturing, distribution, storage, service, and owner-user occupancy needs. With industrial ownership opportunities remaining limited in many infill Phoenix locations, this offering presents a chance to secure a well-located commercial asset in an established business environment. The combination of zoning, power capacity, and operational functionality supports both immediate occupancy and long-term ownership objectives.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 13,518 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Building Class B
Floors 1
Typical Floor Size 13,518 SF
Year Built 1980
Lot Size 5.94 AC
Parking Ratio 3.2/1,000 SF
Opportunity Zone Yes
Zoning A-2, Phoenix - Heavy Industrial

Amenities

  • Energy Performance Rating - A
  • Storage Space
  • Air Conditioning
  • Listing ID: 40319965

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 2346 E University Dr, Phoenix, AZ 85034

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