Heavy Manufacturing & Warehouse
17617 N 25th Ave Phoenix, AZ 85023
For Sale
Contact for pricing
35,000 SF heavy manufacturing facility with leased space and available HVAC warehouse, office, and secured fenced yard.
Property Size35,000 SF
Lot Size2.00 Acres
Price / SF$200
Days on Market114
Property Features for 17617 N 25th Ave
General Information
Standard status
Active
Size
35,000 SF
Lot size
2.00 Acres
Property subtype
Industrial
Building Details
Year Built
1987
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Will Groves · License #AZ SA673988000
Source:
Crexi
Added: Apr 6
Changed: Jul 23
Last Checked: Jul 26 at 1:16PM
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 Cushman & Wakefield - Phoenix, Arizona
Investment Insights
Based on property information with market context.
A 35,000 SF heavy manufacturing facility on 12.0 acres offering a combination of stabilized income and functional owner-user space. Currently, 17,500 SF is leased and 17,500 SF is available for occupancy. The available portion includes approximately 5,500 SF of office space and 12,000 SF of 100% HVAC warehouse space with 16’ clear height and oversized grade level loading doors. The building is equipped with heavy power (minimum 12,400 amps; buyer to verify), supporting power-intensive manufacturing and fabrication uses.
The property is positioned in the North Phoenix/Deer Valley submarket with immediate access to I-17. A large, fenced, paved, and secured yard adds flexibility for outdoor storage, parking, or equipment staging.
In-place income is secured by a lease commencing January 1, 2026, generating $18,000/month NNN with 3.5% annual increases through December 2030.
The property is positioned in the North Phoenix/Deer Valley submarket with immediate access to I-17. A large, fenced, paved, and secured yard adds flexibility for outdoor storage, parking, or equipment staging.
In-place income is secured by a lease commencing January 1, 2026, generating $18,000/month NNN with 3.5% annual increases through December 2030.
Key Highlights
- 35,000 SF heavy manufacturing facility on 2.0 acres in the North Phoenix/Deer Valley submarket with immediate access to I‑17
- 17,500 SF currently leased and 17,500 SF available for occupancy (includes ~5,500 SF office and 12,000 SF 100% HVAC warehouse)
- Warehouse features 16' clear height and oversized grade level loading doors
Financial Insights For Office B
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 | $1.08M | $30.72 |
| − Vacancy | −$276.3k | −$7.90 |
| EGI | $798.9k | $22.82 |
| − OpEx | −$199.7k | −$5.71 |
| NOI | $599.2k | $17.12 |
35,000 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$8.56M
$7.49M – $9.99M
NOI $599,155 @ 7.0% cap · market cap 8.56%
Second Best
Warehouse
$3.82M
$3.34M – $4.46M
NOI $267,339 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$10.60M
$9.28M – $12.37M
NOI $742,126 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - 35,000 SF heavy manufacturing facility with leased space and available HVAC warehouse, office, and secured fenced yard.
Where is this manufacturing property located?
The property is located at 17617 N 25th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 35,000 SF heavy manufacturing facility on 2.0 acres in the North Phoenix/Deer Valley submarket with immediate access to I‑17; 17,500 SF currently leased and 17,500 SF available for occupancy (includes ~5,500 SF office and 12,000 SF 100% HVAC warehouse); Warehouse features 16' clear height and oversized grade level loading doors
