Phoenix Industrial Building For
1654 W Knudsen Dr Phoenix, AZ
1654 W Knudsen Dr, Phoenix, AZ, 00000
Contact for pricing
For Sale
Contact for pricing
25,880 SF industrial building on 1.51 acres.
Property Size25,880 SF
Lot Size1.52 Acres
Price / SF$223.15
Days on Market469
Property Features for 1654 W Knudsen Dr
General Information
- Standard status
- Active
- Size
- 25,880 SF
- Lot size
- 1.52 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Rein & Grossoehme
(480) 214-9403
Listed by
Max Schumacher
Source
Moodyscre
Added: Apr 10, 2025 Updated: Jul 6 at 9:47AM Checked: Jul 21 at 5:05AM
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.
The property at 1654 W Knudsen Ave in Phoenix, AZ, features a 25,880 square foot freestanding industrial building on a 1.51-acre lot. It is located within the Deer Valley submarket. The seller is proposing a three-year sale-leaseback at a below-market rent of $1.07 per square foot NNN, with a proposed Year 1 NOI of $332,299.
Key Highlights
- Freestanding 25,880 SF industrial building
- Located in the Deer Valley submarket
- Situated on 1.51 acres of land
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 | $264.0k | $10.20 |
| − Vacancy | −$31.4k | −$1.21 |
| EGI | $232.6k | $8.99 |
| − OpEx | −$34.9k | −$1.35 |
| NOI | $197.7k | $7.64 |
25,880 SF · lease $10.20/SF/yr · vacancy 11.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.82M
$2.47M – $3.29M
NOI $197,678 @ 7.0% cap · market cap 3.42%
Second Best
Industrial
$2.33M
$2.03M – $2.71M
NOI $162,794 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$7.84M
$6.86M – $9.15M
NOI $548,749 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 25,880 SF industrial building on 1.51 acres.
Where is this warehouse located?
The property is located at 1654 W Knudsen Dr Phoenix, AZ.
What is the asking price?
The asking price for this property is $5,775,000.
What are key features of this property?
This property features: Freestanding 25,880 SF industrial building; Located in the Deer Valley submarket; Situated on 1.51 acres of land
