Flex Space with Office and
New
For Sale
Contact for pricing
1050 N Fairway Dr Unit 109, Avondale, AZ 85323
A front office area and rear warehouse provide a practical balance of administrative and storage space.
Property Size30,532 SF
Price / SF$0.09
Days on Market5
Property Features for 1050 N Fairway Dr Unit 109
General Information
Standard status
Active
Size
30,532 SF
Additional Details
Highway Access
Yes
Listing Agency:
Realty ONE Group
Listed By:
James Jones · License #258012886
(239) 822-9196
Source:
Arizonahomeselling
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group
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Investment Insights
Based on property information with market context.
This flex property at 1050 N Fairway Dr, Unit 109, includes approximately 20% office space toward the front and 80% warehouse area at the rear. A tall roll-up door supports loading and unloading. The property contains 30,532 square feet.
The space is located within a business complex and offers freeway access.
The space is located within a business complex and offers freeway access.
Key Highlights
- 30,532‑square‑foot flex property
- Approximately 20% office space at the front and 80% warehouse area at the rear
- Tall roll‑up door for loading and unloading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$236,547
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,730,940
$4.7M
Cap Rate 7%
$3,379,243
$3.4M
Cap Rate 9%
$2,628,300
$2.6M
Market Conditions
NOI Build-Up for 30,532 SF
Gross rent
$414.0K $13.56/SF
− Vacancy
−$50.1K −$1.64/SF
EGI
$363.9K $11.92/SF
− OpEx
−$127.4K −$4.17/SF
NOI
$236.5K $7.75/SF
Area
Maricopa County, AZ
Vacancy
12.10%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,730,940
Cap Rate 7%
$3,379,243
Cap Rate 9%
$2,628,300
Alternative Uses
Best Use
Warehouse
$4.48M
$3.92M – $5.23M
NOI $313,930 @ 7.0% cap · market cap 11,085.10%
Second Best
Industrial
$3.48M
$3.04M – $4.06M
NOI $243,471 @ 7.0% cap · market cap 8,597.14%
Theoretical Best
Office A
$9.44M
$8.26M – $11.02M
NOI $661,106 @ 7.0% cap · market cap 23,344.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85323, AZ
44,632
Population
14,953
Households
3
Avg Household Size
29
Median Age
19%
College-Educated
81%
High-School Grad
17.7 sq mi
ZIP Area
2,522
Density / Sq Mi
$79,903
Median Household Income
$42,634
Median Earnings
$1,625
Median Rent
$335,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- West Valley Catering Company — 1471 N Eliseo Felix Jr Way, Avondale, AZ 85323
- Coney Shack & Grill — 12325 W McDowell Rd, Avondale, AZ 85323
Frequently Asked Questions
What type of property is this?
Flex space - A front office area and rear warehouse provide a practical balance of administrative and storage space.
Where is this flex space located?
The property is located at 1050 N Fairway Dr Unit 109 Avondale, AZ.
What are key features of this property?
This property features: 30,532‑square‑foot flex property; Approximately 20% office space at the front and 80% warehouse area at the rear; Tall roll‑up door for loading and unloading
