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Industrial Flex Space
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For Lease
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2018-2020 N 23rd Avenue, Phoenix, AZ 85009

The sublease accommodates warehouse, distribution, light manufacturing, or storage operations.

Space Size11,399 SF
Days on Market2

Property Features for 2018-2020 N 23rd Avenue

General Information

Standard status Active
Size 11,399 SF
Net Rentable 11,399 SF
Property subtype Industrial
Zoning Industrial

Space & Availability

Available Space 11,399 SF
Contiguous Space 11,399 SF
Space Use Warehouse, Distribution, Light Manufacturing, Storage
Sublease Yes

Building Details

Building Size 11,399 SF

Spaces For Lease

at 2018-2020 N 23rd Avenue
2018-2020 N 23rd Avenue (Sublease)
Size 11,399 SF
Term through August 31, 2029
Rate Contact for pricing
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Listed By: Stein Koss, SIOR
Source: Lee-associates
Added: Oct 1 Last Checked: Oct 1 at 2:19PM

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 Stein Koss, SIOR

Investment Insights

Based on property information with market context.

This 11,399-square-foot industrial space is offered as a sublease in Phoenix. Its stated use options include warehouse, distribution, light manufacturing, and storage, with an adaptable layout for operational needs.

The property has industrial zoning and access to major freeway routes.

Key Highlights

  • 11,399 square feet of industrial space
  • Available through a sublease
  • Potential uses include warehouse, distribution, light manufacturing, and storage

Property Analytics

Current Use

Flex space

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85009, AZ

50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$15.77 /SF/Yr
Avg Asking Price
$8.41–$28 /SF/Yr
Price Range
14,183 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
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Similar Off Market Nearby

  • Sunrise catering — 2121 W McDowell Rd, Phoenix, AZ 85009
  • Mvs Phoenix — 2121 W McDowell Rd, Phoenix, AZ 85009
  • All Star Catering — 2121 W McDowell Rd, Phoenix, AZ 85009

Frequently Asked Questions

What type of property is this?
Flex space - The sublease accommodates warehouse, distribution, light manufacturing, or storage operations.
Where is this flex space located?
The property is located at 2018-2020 N 23rd Avenue Phoenix, AZ.
What are key features of this property?
This property features: 11,399 square feet of industrial space; Available through a sublease; Potential uses include warehouse, distribution, light manufacturing, and storage
More about this property
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