Office-Industrial Flex
For Lease
$16.20 SF/Yr
230 N 48th Ave, Phoenix, AZ 85043
Built-out office/industrial space includes a warehouse with 20' clear height and a two-story office area.
Space Size35,102 SF
Days on Market53
Property Features for 230 N 48th Ave
General Information
Standard status
Active
Size
35,102 SF
Property subtype
Industrial
Lease Term
NNN
Building Details
Building Size
35,102 SF
Year Built
1980
Spaces For Lease
at 230 N 48th Ave Contact us- Size
- 35,102 SF
- Type
- Warehouse/Distribution
- Term
- Negotiable
230 N 48th St $16.20/SF/Yr
Listing Agency:
Menlo Group Commercial Real Estate
(480) 760-5044
Listed By:
Ryan Edwards · License #SA697072000
Source:
Menlocre
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 16 at 4:37AM
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 Menlo Group Commercial Real Estate
Investment Insights
Based on property information with market context.
This built-out office/industrial flex space offers approximately 23,785 SF of warehouse and approximately 11,317 SF of two-story office, plus a total of about 35,102 SF overall. The warehouse features a 20' clear height, truckwell and grade-level loading, and supported electrical service of 1200A at 277/480V. The property also includes a fenced yard, with 17 covered parking spaces and 18 surface spaces.
The first-floor office area includes five private offices, reception, a break room, storage room, file room, and an engineering room. The second floor contains a CEO office, three additional executive offices, four private offices, an open office area, kitchenette, server room, and additional storage.
Additional site and operational features include 1200A electrical service, truckwell and grade-level loading, and a combination of covered and surface parking to support day-to-day access.
The first-floor office area includes five private offices, reception, a break room, storage room, file room, and an engineering room. The second floor contains a CEO office, three additional executive offices, four private offices, an open office area, kitchenette, server room, and additional storage.
Additional site and operational features include 1200A electrical service, truckwell and grade-level loading, and a combination of covered and surface parking to support day-to-day access.
Key Highlights
- +/- 35,102 SF built‑out office/industrial space for lease, including +/- 23,785 SF warehouse and +/- 11,317 SF two‑story office
- Warehouse offers 20' clear height with loading via truckwell and grade level doors
- Two‑story office area includes 5 private offices, reception, break room, storage, file room, and engineering room
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85043, AZ
35,800
Population
11,564
Households
3.1
Avg Household Size
28
Median Age
13%
College-Educated
73%
High-School Grad
20.3 sq mi
ZIP Area
1,764
Density / Sq Mi
$70,051
Median Household Income
$39,583
Median Earnings
$1,496
Median Rent
$288,900
Median Home Value
Market
Lease Benchmarks for Phoenix, AZ
$20.14 /SF/Yr
Avg Asking Price
$13.79–$39.78 /SF/Yr
Price Range
14,336 SF
Avg Space Size
This space is priced 20% below the average of $20.14 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Built-out office/industrial space includes a warehouse with 20' clear height and a two-story office area.
Where is this flex space located?
The property is located at 230 N 48th Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $16.20 SF/Yr.
What are key features of this property?
This property features: +/- 35,102 SF built‑out office/industrial space for lease, including +/- 23,785 SF warehouse and +/- 11,317 SF two‑story office; Warehouse offers 20' clear height with loading via truckwell and grade level doors; Two‑story office area includes 5 private offices, reception, break room, storage, file room, and engineering room
