Warehouse with Grade Level
7611 N 74th Ave Glendale, AZ 85303
For Sale
Contact for pricing
Warehouse offering approximately 12–14' clear height, two grade level doors, and partial HVAC and evaporative cooling.
Property Size8,215 SF
Price / SF$275.11
Days on Market485
Property Features for 7611 N 74th Ave
General Information
Standard status
Active
Size
8,215 SF
Property subtype
INDUSTRIAL
Listing Agency:
Cutler Commercial
(602) 332-2821
Listed By:
Eric Ferber CCIM · License #SA653578000
(602) 332-2821
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Jul 27
Last Checked: Jul 28 at 2:42PM
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 Cutler Commercial
Investment Insights
Based on property information with market context.
This warehouse includes approximately 12–14' clear height and two grade level doors. One of the doors is enclosed with an office addition, creating a built-in front office area for day-to-day operations. The property also features partially evap cooled space and partially HVAC-supported areas, along with approximately +/- 1,000 amps of 120/208 three-phase power.
The asset is offered for sale. It is located at 7611 N 74th Ave in Glendale, Arizona.
The asset is offered for sale. It is located at 7611 N 74th Ave in Glendale, Arizona.
Key Highlights
- Warehouse offers approximately 12–14' clear height
- Two grade level doors, including one enclosed with an office addition
- Approximately 1,000 amps of 120/208 3‑phase power
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 | $104.5k | $12.72 |
| − Vacancy | −$12.1k | −$1.48 |
| EGI | $92.4k | $11.24 |
| − OpEx | −$13.9k | −$1.69 |
| NOI | $78.5k | $9.56 |
8,215 SF · lease $12.72/SF/yr · vacancy 11.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.12M
$981.5K – $1.31M
NOI $78,517 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,630 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Freedom Road RV & Boat Storage — 7839 N 73rd Ave, Glendale, AZ 85303
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse offering approximately 12–14' clear height, two grade level doors, and partial HVAC and evaporative cooling.
Where is this warehouse located?
The property is located at 7611 N 74th Ave Glendale, AZ.
What is the asking price?
The asking price for this property is $2,260,000.
What are key features of this property?
This property features: Warehouse offers approximately 12–14' clear height; Two grade level doors, including one enclosed with an office addition; Approximately 1,000 amps of 120/208 3‑phase power
