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    408 E University Dr Phoenix, AZ 85004

    For Lease
    $1.25 SF/Yr ($1,375 /Mo)

    Industrial warehouse with secured yard, close to Downtown Phoenix.

    Property size:
    13,200 SF
    Lot size:
    0.81 Acres

    Property Features for 408 E University Dr

    General Information

    Size
    13,200 SF
    Lot size
    0.81 Acres

    Source: LevRose Commercial Real Estate Agent Landon McKernan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Phoenix Warehouse with Secured Yard

    This 13,200 square foot warehouse features a clear height of 17 feet and includes three grade-level doors, each measuring 14 feet by 12 feet. The property is equipped with 400A 120/208V, 3-Phase power, and LED lighting in the warehouse area. It also features a fully fenced and secured yard, along with an outside covered work area. Recent upgrades include new asphalt (seal and stripe), swamp coolers, HVAC units, insulation, and a foam roof. The warehouse has epoxy flooring, and an air compressor with air lines is installed throughout. The location is approximately 0.6 miles from the I-17 Freeway and offers close proximity to Downtown Phoenix and Sky Harbor Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arizona Sun Tops ... Auto Sunroof Shop Cepi-AZ Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Iron Mountain

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0682072
    Latitude
    33.4238265

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    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse with secured yard, close to Downtown Phoenix.
    Where is this warehouse located?
    The property is located at 408 E University Dr Phoenix, AZ.
    What is the lease rate?
    The lease rate is $1.25 SF/Yr.
    What are key features of this property?
    This property features: - Close proximity to I-17 Freeway, Downtown Phoenix, and Sky Harbor Airport; - Fully-fenced and secured yard; - Three (3) grade level doors (14’ x 12’)
    (916) 872-7909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 E University Dr Phoenix, AZ 85004
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