Spacious Warehouse with Gated
For Sale
Contact for pricing
2065 W Obispo Ave, Gilbert, AZ
Large warehouse with heavy power, A/C, and gated yard.
Property Size55,345 SF
Lot Size3.21 Acres
Price / SF$216.82
Days on Market409
Property Features for 2065 W Obispo Ave
General Information
Standard status
Active
Size
55,345 SF
Lot size
3.21 Acres
Property subtype
FLEX_R_AND_D
Listing Agency:
ORION Investment Real Estate
(602) 768-3704
Listed By:
Jay Krew
(602) 768-3704
Source:
Moodyscre
Added: Jun 17, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:01AM
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 ORION Investment Real Estate
Investment Insights
Based on property information with market context.
This 55,345-square-foot property is a warehouse or flex space featuring a gated yard. It is equipped with 2,000 amps of 277-480v 3-phase heavy power and a fully air-conditioned warehouse area. The building includes four grade-level roll-up doors. Parking is available with covered and uncovered spaces. Monument signage opportunities are present. The property is located near the US 60 and 101 Price Freeway.
Key Highlights
- Fully A/C Warehouse for climate‑controlled storage or operations.
- Benefit from 2,000a/277‑480v 3 Phase Heavy Power.
- Features (4) Grade‑level Roll‑Up Doors for easy access.
Financial Insights For Flex RnD
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 | $996.2k | $18.00 |
| − Vacancy | −$119.5k | −$2.16 |
| EGI | $876.7k | $15.84 |
| − OpEx | −$306.8k | −$5.54 |
| NOI | $569.8k | $10.30 |
55,345 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$8.14M
$7.12M – $9.50M
NOI $569,832 @ 7.0% cap · market cap 4.75%
Second Best
Warehouse
$6.95M
$6.08M – $8.10M
NOI $486,248 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$14.53M
$12.71M – $16.95M
NOI $1,017,165 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Large warehouse with heavy power, A/C, and gated yard.
Where is this flex space located?
The property is located at 2065 W Obispo Ave Gilbert, AZ.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Fully A/C Warehouse for climate‑controlled storage or operations.; Benefit from **2,000a/277‑480v 3 Phase Heavy Power**.; Features **(4) Grade‑level Roll‑Up Doors** for easy access.
