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Phoenix Warehouse with Office Space
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23305 North 23rd Avenue, Phoenix, AZ 85027

40,801 SF warehouse with 2,170 SF office space available.

Space SizeContact for details
Days on Market285

Property Features for 23305 North 23rd Avenue

General Information

Standard status Active
Property subtype Industrial
Listed By: Tanner Ferrandi
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 23 Last Checked: Sep 2 at 2:53PM

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 Tanner Ferrandi

Investment Insights

Based on property information with market context.

This property offers approximately 40,801 square feet of space, including about 2,170 square feet of office area. The warehouse features a minimum clear height of approximately 24 feet and is equipped with LED lighting and evaporative cooling. It includes 4 dock-high doors with 4 edge of docks levelers; additional dock doors can be added. The electrical capacity is approximately 1600 amps at 277/480v. The truck court depth measures approximately 120 feet. The building is equipped with ESFR sprinklers (25.2 K-value) and R-30 insulation. Located in the Deer Valley Industrial Submarket, Prologis Corridors Deer Valley benefits from immediate access to Loop 101 and I-17, providing convenient access to the Phoenix Metropolitan area. It is located 20 minutes from downtown Phoenix and 25 minutes from Phoenix Sky Harbor International Airport.

Key Highlights

  • Immediate access to Loop 101 and I‑17, providing easy access to the Phoenix Metropolitan area.
  • ±40,801 SF available with ±2,170 SF of office space.**
  • ±24’ minimum clear height** suitable for various industrial uses.

Property Analytics

Current Use

Gateway Classic Cars ... Car Dealership

Suggested Use

Top Pick Dental Office Parking Lot & Garage Grocery & Convenience Store Cafe & Coffee Shop Locksmith (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

795
Businesses Nearby
Well-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

$10.9 /SF/Yr
Avg Asking Price
$2.73–$16.2 /SF/Yr
Price Range
39,094 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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - 40,801 SF warehouse with 2,170 SF office space available.
Where is this warehouse located?
The property is located at 23305 North 23rd Avenue Phoenix, AZ.
What are key features of this property?
This property features: Immediate access to Loop 101 and I‑17, providing easy access to the Phoenix Metropolitan area.; ±40,801 SF available with ±2,170 SF of office space.**; ±24’ minimum clear height** suitable for various industrial uses.
More about this property
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