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Industrial Warehouse with Office
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19621 N 23rd Dr, Phoenix, AZ 85027

Warehouse space features high-end office finishes, ESFR sprinklers, and 20-foot clear height.

Property Size18,932 SF
Days on Market168

Property Features for 19621 N 23rd Dr

General Information

Standard status Active
Size 18,932 SF
Property subtype FLEX_R_AND_D

Warehouse & Industrial

Clear Height 20 ft
Drive-In Doors 2
Heavy Power Yes
Sprinkler System Yes

Amenities

100% Air Conditioned
LED Lighting
Listing Agency: Lee & Associates | Phoenix
Listed By: Jeff Conrad
Source: Moodyscre
Added: Feb 12 Changed: Jul 27 Last Checked: Jul 29 at 2:23PM

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 Lee & Associates | Phoenix

Investment Insights

Based on property information with market context.

This flex/industrial suite offers a combination of warehouse space and high-end office finish. The facility provides 20-foot clear height and is 100% air conditioned, with LED lighting throughout. Power capacity is listed at 450 amps, 277/480V and 400 amps, 120/208V, with excess power available. Fire protection includes ESFR sprinklers, and the warehouse is served by two grade level doors.

The property includes abundant parking at a ratio of 6.1 spaces per 1,000 square feet.

The suite size is listed as 18,932 square feet, supporting a range of industrial and light flex requirements that benefit from office integration and practical warehouse configuration.

Key Highlights

  • 18,932 SF suite with high‑end office finishes
  • 20’ clear height with 100% air conditioned space
  • ESFR sprinkler system and LED lighting throughout

Property Analytics

Current Use

T2 Utility Engineers Engineering Consultant Cardno Environmental Engineer

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Catering Service Wine and Liquor 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

20 ft
Clear height
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,164
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85027, AZ

38,343
Population
17,458
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,277
Density / Sq Mi
$73,255
Median Household Income
$46,338
Median Earnings
$1,488
Median Rent
$316,100
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$95.94 /SF/Yr
Avg Asking Price
$0.69–$141 /SF/Yr
Price Range
2,860 SF
Avg Space Size

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Warehouse space features high-end office finishes, ESFR sprinklers, and 20-foot clear height.
Where is this flex space located?
The property is located at 19621 N 23rd Dr Phoenix, AZ.
What are key features of this property?
This property features: 18,932 SF suite with high‑end office finishes; 20’ clear height with 100% air conditioned space; ESFR sprinkler system and LED lighting throughout
(602) 526-9465 Call to check price and availability
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