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    Phoenix Industrial Building with Office Title is generated by Realmo AI

    3350 W Earll Dr, Phoenix, AZ

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    81,904 SF industrial building with secure yard for sale.

    Type:INDUSTRIAL
    Property size:
    81,904 SF
    Lot size:
    4.04 Acres
    Price / SF:
    $150/SF
    Added:
    Jul 3, 2024
    Days on Market:
    719
    Last Refresh:
    May 20 at 8:00 pm

    Property Features for 3350 W Earll Dr

    General Information

    Standard status
    Active
    Size
    81,904 SF
    Lot size
    4.04 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Allen Lowe, SIOR
    Allen Lowe, SIOR

    Listing agent Allen Lowe, SIOR

    Listing office Lee & Associates | Phoenix

    Listing date Jul 3, 2024

    Source Moodyscre

    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 | Phoenix

    HighLights

    • ±81,904 SF Industrial Building on ±4.12 Acres
    • Secure Yard Area (±45,000 SF)
    • Zoning: A‑2 (Heavy Industrial)
    • 7 Dock Doors with In Pit Levelers
    • Benefit from ±24' Clear Height
    • Comprised of ±59,618 SF of warehouse and ±22,286 SF of Office (Elevator Service for Office)

    Overview

    The property is an industrial building with an area of approximately 81,904 square feet, situated on approximately 4.12 acres. It includes approximately 59,618 square feet of warehouse space and approximately 22,286 square feet of office space, which is serviced by an elevator. The warehouse features an EVAP system and motion sensor lighting. There are 7 dock doors equipped with in-pit levelers and 1 ramp to grade door. The clear height is approximately 24 feet. The property includes a secure yard area of approximately 45,000 square feet and has 3 points of ingress and egress. There are 75 striped parking spots available. The zoning is A-2 (Heavy Industrial).

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $835.4k $10.20
    − Vacancy −$99.4k −$1.21
    EGI $736.0k $8.99
    − OpEx −$110.4k −$1.35
    NOI $625.6k $7.64
    81,904 SF · lease $10.20/SF/yr · vacancy 11.90% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $8.94M
    $7.82M – $10.43M (±1% cap)
    NOI $625,605 @ 7.0% cap · market cap 5.09%
    Second Best
    Industrial
    $7.36M
    $6.44M – $8.59M (±1% cap)
    NOI $515,204 @ 7.0% cap · market cap 4.19%
    Theoretical Best
    Office A
    $24.81M
    $21.71M – $28.94M (±1% cap)
    NOI $1,736,660 @ 7.0% cap · market cap 14.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Graybar Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

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    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.132
    Latitude
    33.4849

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    FAQs

    What type of property is this?
    Warehouse - 81,904 SF industrial building with secure yard for sale.
    Where is this warehouse located?
    The property is located at 3350 W Earll Dr Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $12,285,600.
    What are key features of this property?
    This property features: ±81,904 SF Industrial Building on ±4.12 Acres; Secure Yard Area (±45,000 SF); Zoning: A‑2 (Heavy Industrial)
    (602) 339-1411 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Allen Lowe, SIOR
    Allen Lowe, SIOR
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