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4-Building Flex Space Portfolio
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700-734 N Golden Key St, Gilbert, AZ 85233

Four light industrial buildings offer shallow-bay configurations, recent property upgrades, and full occupancy.

Property Size97,460 SF
Days on Market143

Property Features for 700-734 N Golden Key St

General Information

Standard status Active
Size 97,460 SF
Property subtype Industrial
Occupancy 100%
Net Operating Income $1,092,603

Additional Details

Highway Access Yes

Building Details

Buildings 4
Tenancy Multi
Listing Agency: Commercial Properties Inc Tempe
Listed By: Leroy Breinholt Team · License #AZ BR008760000
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:52AM

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 Commercial Properties Inc Tempe

Investment Insights

Based on property information with market context.

Key West Business Park comprises four shallow-bay light industrial buildings with a combined 97,460 SF. The property is occupied by 19 tenants and reports 100% occupancy. Recent capital work includes parking lot striping and sealing, replacement of approximately 60% of HVAC units, elastomeric roof coatings, updated monument, tenant, and directional signage, and exterior repainting.

The business park is located at 700-734 N Golden Key St in Gilbert, Arizona, within the Southeast Phoenix submarket and the Gilbert/Queen Creek area. Access to the 202 supports regional connectivity, while proximity to Phoenix Gateway Airport provides access to an airport designated as a foreign trade zone. The surrounding context includes population growth and expanding big-box industrial development.

Key Highlights

  • Four light industrial buildings totaling 97,460 SF
  • 19 diverse tenants with 100% occupancy
  • Approximately 60% of HVAC units replaced

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Restaurant Pharmacy Building Supply Auto Parts Store

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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85233, AZ

39,006
Population
15,080
Households
2.6
Avg Household Size
37
Median Age
43%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
4,063
Density / Sq Mi
$105,154
Median Household Income
$55,132
Median Earnings
$1,895
Median Rent
$468,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Four light industrial buildings offer shallow-bay configurations, recent property upgrades, and full occupancy.
Where is this flex space located?
The property is located at 700-734 N Golden Key St Gilbert, AZ.
What are key features of this property?
This property features: Four light industrial buildings totaling 97,460 SF; 19 diverse tenants with 100% occupancy; Approximately 60% of HVAC units replaced
(480) 214-1105 Call to check price and availability
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