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Phoenix Warehouse Space Available
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2710 W Cheery Lynn Rd, Phoenix, AZ 85017

20,000 sqft warehouse space for lease in Phoenix.

Property Size23,200 SF
Price / SF$0.00
Days on Market209

Property Features for 2710 W Cheery Lynn Rd

General Information

Standard status Active
Size 23,200 SF
Property subtype Industrial

Site & Location

Neighborhood Alhambra

Building Details

Building Size 23,200 SF
Year Built 1980
Stories 1

Properties For Sale

at 2710 W Cheery Lynn Rd
Available Space
Size 20,000 SF
Lease Type NNN
Contact us
Listing Agency: LevRose Commercial Real Estate
Listed By: Marty Maier · License #AZ SA692178000
Source: Daumcommercial
Added: Apr 3 Changed: Oct 26 Last Checked: Oct 28 at 4:38AM

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 LevRose Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial real estate offers 20,000 square feet of warehouse space. The property is located in Phoenix, Arizona.

Key Highlights

  • 20,000 sqft warehouse space available for lease.
  • Located in Phoenix.
  • Warehouse space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$125,807
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,516,140 $2.5M
Cap Rate 7%
$1,797,243 $1.8M
Cap Rate 9%
$1,397,856 $1.4M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$204.0K $10.20/SF
− Vacancy
−$24.3K −$1.21/SF
EGI
$179.7K $8.99/SF
− OpEx
−$53.9K −$2.70/SF
NOI
$125.8K $6.29/SF
Area
Phoenix, AZ
Vacancy
11.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,516,140
Cap Rate 7%
$1,797,243
Cap Rate 9%
$1,397,856

Alternative Uses

Best Use
Warehouse
$2.18M
$1.91M – $2.55M (±1% cap)
NOI $152,765 @ 7.0% cap · market cap 1,175,115.38%
Second Best
Industrial
$1.80M
$1.57M – $2.10M (±1% cap)
NOI $125,807 @ 7.0% cap · market cap 967,746.15%
Theoretical Best
Office A
$6.06M
$5.30M – $7.07M (±1% cap)
NOI $424,072 @ 7.0% cap · market cap 3,262,092.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Maker's Movement Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Nail Salon Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,128
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85017, AZ

45,279
Population
12,743
Households
3.6
Avg Household Size
26
Median Age
11%
College-Educated
65%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$51,737
Median Household Income
$29,371
Median Earnings
$1,197
Median Rent
$242,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

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  • Extra Space Storage — 2816 W Thomas Rd, Phoenix, AZ 85017
  • Anytime Storage — 3055 N 30th Ave, Phoenix, AZ 85017

Frequently Asked Questions

What type of property is this?
Warehouse - 20,000 sqft warehouse space for lease in Phoenix.
Where is this warehouse located?
The property is located at 2710 W Cheery Lynn Rd Phoenix, AZ.
What are key features of this property?
This property features: 20,000 sqft warehouse space available for lease.; Located in Phoenix.; Warehouse space.
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Includes: Price & PSF · Cap rate · Location · Zoning

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