Spaces For Lease

at 1840 W Sherman St Contact us

1840 W Sherman St

Floor

Bldg

Size

12,920 SF

Type

INDUSTRIAL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Brand new 24ga steel sheeting and insulation installed on entire exterior of the... structure by the leading steel building company in the valley. Brand new weather tight envelope! - All new overhead roll up doors. All dock high, 2 have ramps for easy building access with equipment and vehicles. Includes 1/8” heavy angle iron for dock protection. (4) 12’x12’ (4) 12’x10’ (8) new steel exterior walk doors. - (3) new large rolling gates for easy yard access and secure parking. - Center parking area and storage/access yard on the West have brand new asphalt seal and striping for 10 parking spaces. Large storage yard on the east has new millings laid. All have new asphalt approaches. - Secure 6’ CMU with iron fencing cap fully screening surrounding the property for great security. - Rear alleyway was gated in coordination with City of Phoenix so there is no unauthorized foot or driving traffic present. - 520SF conditioned office/reception area build out with quick access from the parking lot and (2) attached bathrooms. - New ADA ramp and concrete leveling corrections on apron and building connections. - Brand New Utility Systems and Equipment: - (6) evap coolers located throughout warehouse. - New heat pump & condenser unit for office and restrooms. - (8) ridge vents. - New APS service- 240v/120v single phase 400amp service with future additional 200amp avail at SES. - New LED light fixtures through the warehouse, office, bathrooms, and building exterior. All with new wiring and occupancy sensors. - (2) bathrooms with brand new fixtures, doors, and instahot water heaters. - New private sewer line and 6” city sewer connection and tap. - New DG landscape areas with availability for future signage opportunity. All work was designed by licensed architects and engineers, completed by licensed contractors and permitted through City of Phoenix. - Property is zoned C-3 and suitable for storage and warehouse occupancy. - Newly Renovated Property – New Roof, New Electrical, Plumbing, AC & Evap Units, Insulation, Office Space, Paint, & more - Proximity to Major Highways – Less than ±1.5 Miles from I-17, I-10, & US-60 Highways - Large, Secured Yard Space – Main Yard is ±17,835 SF | ±0.41 AC - Clear Span Warehouse

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Contact us

Listing Agency: Matthews Real Estate Investment Services | Phoenix Show Phone

Listed By: Oscar Lopez · License #SA691653000(AZ) Show Phone

Source: Moodyscre

Added: Sep 17 Changed: Sep 18 Last Checked: Sep 22 at 8:14PM

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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 Matthews Real Estate Investment Services | Phoenix

Investment Insights

Based on property information with market context.

This 12,920-square-foot warehouse has a clear-span interior, a 520 SF conditioned office and reception area, and two attached bathrooms. The building includes new exterior steel sheeting, insulation, roofing, electrical and plumbing systems, LED lighting, six evaporative coolers, and a heat pump serving the office and restrooms. Loading is supported by dock-high roll-up doors, including two with ramps, while three rolling gates provide controlled yard access.

The property is secured by a 6-foot CMU wall with an iron fence cap and a gated rear alleyway. Paved areas provide 10 striped parking spaces, with additional storage and access yards on the west and east sides. The site is zoned C-3 for storage and warehouse occupancy and is located less than approximately 1.5 miles from I-17, I-10, and US-60. Electrical service includes 240v/120v single phase 400amp capacity, with future additional 200amp availability at SES.

Key Highlights

• 12,920 SF clear‑span warehouse with C‑3 zoning
• 520 SF conditioned office/reception area with 2 attached bathrooms
• Dock‑high loading with (4) 12’x12’ and (4) 12’x10’ roll‑up doors

Property Analytics

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Current Use

Expedited Delivery Inc Trucking Company

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Pharmacy Hair Salon

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

8

Dock-high doors

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

957

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 85007, AZ

14,442

Population

5,981

Households

2.4

Avg Household Size

36

Median Age

27%

College-Educated

81%

High-School Grad

4.6 sq mi

ZIP Area

3,140

Density / Sq Mi

$55,833

Median Household Income

$43,375

Median Earnings

$1,079

Median Rent

$447,000

Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$10.94 /SF/Yr

Avg Asking Price

$1.3–$18 /SF/Yr

Price Range

41,784 SF

Avg Space Size

Vacancy Rate% for Industrial in Phoenix, AZ

6.8% 2019

8.1% 2020

5% 2021

4.4% 2022

8.9% 2023

12.2% 2024

12.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - C-3-zoned facility offers dock-high loading, a conditioned office, and dedicated areas for parking and outdoor storage.

Where is this warehouse located?

The property is located at 1840 W Sherman St Phoenix, AZ.

What are key features of this property?

This property features: 12,920 SF clear‑span warehouse with C‑3 zoning; 520 SF conditioned office/reception area with 2 attached bathrooms; Dock‑high loading with (4) 12’x12’ and (4) 12’x10’ roll‑up doors