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Freestanding Leased Industrial Building
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1075 E Salter Dr, Phoenix, AZ 85024

Freestanding industrial building on 1.02 acres, constructed in 2014 and fully leased to Rivian for a Phoenix Metro service facility.

Property Size15,594 SF
Lot Size1.02 Acres
Days on Market123

Property Features for 1075 E Salter Dr

General Information

Standard status Active
Size 15,594 SF
Lot size 1.02 Acres
Property subtype Office, Industrial
Occupancy 100%

Building Details

Year Built 2014
Tenancy Single
Listing Agency: Lee & Associates - Arizona
Listed By: Nate Bubeck · License #AZ SA530688000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 1:37AM

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 Lee & Associates - Arizona

Investment Insights

Based on property information with market context.

This freestanding, fully leased industrial building was originally constructed in 2014 and offers approximately 15,594 square feet within a 1.02-acre site. The property is leased to Rivian Automotive, Inc., which is using the facility as a Phoenix Metro service location. Upon commencement of the lease, Rivian invested approximately $700,000 in tenant improvements to create specialized improvements for its use.

The property is located at 1075 E Salter Dr in Phoenix, Arizona. The offering is presented as the opportunity to acquire 100% fee simple interest in the industrial asset.

As a stabilized, fully leased warehouse-style facility, the property is suited for buyers seeking ownership of an operating industrial service facility under an existing lease arrangement.

Key Highlights

  • Freestanding industrial building totaling approximately 15,594 SF on approximately 1.02 acres in Phoenix, AZ
  • Built in 2014
  • Property is 100% fee simple interest and currently fully leased

Property Analytics

Current Use

Rivian Service Center Auto Repair Shop

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Hair Salon Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 85024, AZ

26,021
Population
11,032
Households
2.4
Avg Household Size
37
Median Age
45%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,224
Density / Sq Mi
$97,759
Median Household Income
$52,441
Median Earnings
$1,813
Median Rent
$430,400
Median Home Value

Market

Vacancy Rate% for Industrial in Phoenix, AZ

6.8% 2019
8.1% 2020
5% 2021
4.4% 2022
8.9% 2023
12.2% 2024
12.7% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Freestanding industrial building on 1.02 acres, constructed in 2014 and fully leased to Rivian for a Phoenix Metro service facility.
Where is this manufacturing property located?
The property is located at 1075 E Salter Dr Phoenix, AZ.
What are key features of this property?
This property features: Freestanding industrial building totaling approximately 15,594 SF on approximately 1.02 acres in Phoenix, AZ; Built in 2014; Property is 100% fee simple interest and currently fully leased
(714) 357-6423 Call to check price and availability
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