Industrial Flex Warehouse
For Lease
Contact for pricing
1618 E Illini St, Phoenix, AZ 85040
Flex warehouse featuring three grade-level doors and 20–21’ clear height, supported by a three-bay shop and office area.
Space Size5,100 SF
Days on Market443
Property Features for 1618 E Illini St
General Information
Standard status
Active
Size
5,100 SF
Property subtype
INDUSTRIAL
Lease Type
NNN
Warehouse & Industrial
Clear Height
21 ft
Drive-In Doors
3
Additional Details
Highway Access
Yes
Spaces For Lease
at 1618 E Illini St Contact us- Floor
- Bldg
- Size
- 5,100 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1618 E Illini St $13,000/Mo
- ±5,100 SF Total Building Area
- ±3,600 SF Three Bay Shop Building and Office
-...
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Contact us
Listing Agency:
Rein & Grossoehme
(480) 214-9400
Listed By:
Max Schumacher
(480) 214-9403
Source:
Moodyscre
Added: Jun 25, 2025
Changed: Sep 3
Last Checked: Sep 9 at 8:49AM
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 Rein & Grossoehme
Investment Insights
Based on property information with market context.
This industrial flex warehouse property includes approximately 3,600 SF in a three-bay shop building with office space, plus an additional 1,500 SF accessory building, all within a total building area of about 5,100 SF. The facility is served by three 12’ x 14’ grade level doors, with clear height ranging from 20 to 21 feet.
The site offers a majority paved yard and is centrally located just south of downtown Phoenix, with immediate access to I-17.
The property footprint includes multiple structures designed for both workspace and support use, with the paved yard providing practical outdoor staging for day-to-day operations.
The site offers a majority paved yard and is centrally located just south of downtown Phoenix, with immediate access to I-17.
The property footprint includes multiple structures designed for both workspace and support use, with the paved yard providing practical outdoor staging for day-to-day operations.
Key Highlights
- ±5,100 SF total building area: ±3,600 SF three‑bay shop building and office plus ±1,500 SF accessory building
- Three (3) grade‑level doors, each 12’ x 14’
- ±20–21’ clear height
Property Analytics
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Current Use
Lease Details
21 ft
Clear height
3
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.59 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85040, AZ
33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Phoenix, AZ
$20.61 /SF/Yr
Avg Asking Price
$14.28–$39.78 /SF/Yr
Price Range
13,589 SF
Avg Space Size
This space is priced 48% above the average of $20.61 /SF/Yr.
Vacancy Rate% for Industrial in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse featuring three grade-level doors and 20–21’ clear height, supported by a three-bay shop and office area.
Where is this flex space located?
The property is located at 1618 E Illini St Phoenix, AZ.
What is the lease rate?
The lease rate is $13,000/Mo.
What are key features of this property?
This property features: ±5,100 SF total building area: ±3,600 SF three‑bay shop building and office plus ±1,500 SF accessory building; Three (3) grade‑level doors, each 12’ x 14’; ±20–21’ clear height
