Listed By: Tanner Ferrandi Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 17 Last Checked: Sep 1 at 4:34PM

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Investment Insights

Based on property information with market context.

A 42,044 square-foot warehouse space is available for lease starting August 1, 2024. The property is located at the southwest corner of 18th Place and University Drive in Phoenix, Arizona.

Key Highlights

• ±42,044 SF Available - don't miss this opportunity!
• Available August 1, 2024
• SWC 18th Place and University Drive

Property Analytics

Property Profile

Current Use

Sun Chem Industries Industrial Manufacturer Xcel Delivery Services Courier Service Estes Forwarding Worldwide Freight Service PGL (Perimeter Global ... Logistics Company Resonance Transportation Service ... Freight Service

Suggested Use

Top Pick Grocery & Convenience Store Real Estate Agency Nail Salon (Bike/Boat/Book/etc) Store Butcher Computer & Electronic Repair

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

747

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 85034, AZ

5,033

Population

2,901

Households

1.7

Avg Household Size

32

Median Age

32%

College-Educated

81%

High-School Grad

11.6 sq mi

ZIP Area

434

Density / Sq Mi

$53,545

Median Household Income

$43,236

Median Earnings

$1,205

Median Rent

$397,400

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

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Warehouse - 42,044 SF warehouse space available for lease.

Where is this warehouse located?

The property is located at 2820 South 18th Place Phoenix, AZ.

What are key features of this property?

This property features: ±42,044 SF Available - don't miss this opportunity!; Available August 1, 2024; SWC 18th Place and University Drive