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Air-Conditioned Flex Warehouse
For Lease
$15 SF/Yr

2923 N 35th Avenue, Phoenix, AZ 85017

Commercial Lease, Phoenix, AZ

Space Size4,707 SF
Lot Size2.39 Acres
Days on Market47

Property Features for 2923 N 35th Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning IP
Parking 108
Security features Security Lighting
Exterior features Fence, Handicap Access
Fencing Fenced
Accessibility Accessible Approach with Ramp
Subdivision Pacific Business Park
Lot features Sprinklers In Front, Landscaped
Directions Directions: From Thomas Rd, Go North on 35th Ave to property. Building located North next to the North West Corner of 35th Ave & Thomas Road.
Standard status Active
Lot size 2.39 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PHOENIX BUSINESS PARK PER MCR 179-1 LOTS 17 AND 18 EX TH PT LOT 17 DAF BEG NE COR LOT 17 TH S 231.33
Tax Annual Amount 38027
Legal Description PHOENIX BUSINESS PARK PER MCR 179-1 LOTS 17 AND 18 EX TH PT LOT 17 DAF BEG NE COR LOT 17 TH S 231.33

Utilities

Utilities Phone Available
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Central Air, Heat Pump
Water source Public

Building Details

Year built 1980
Floors in Building 1
Number of units 3
Flooring type Concrete
Building materials Block, Stucco, Steel Frame
Roof type Asphalt
Listing Agency: West USA Realty
Listed By: Marco A Zazueta · License #SA565538000
Added: Sep 14 Changed: Oct 28 Last Checked: Oct 30 at 3:06PM
MLS# 1085074

Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This flex property offers approximately 4,707 square feet of available space configured for warehouse, office, and industrial use. The building is fully air conditioned and features concrete flooring, block and steel-frame construction, stucco exterior finishes, and an asphalt roof. Electric heating and heat-pump systems support year-round climate control. The property is fenced and includes an accessible approach with ramp and handicap access.

Located at 2923 N 35th Avenue in Phoenix, the property sits on 2.39 acres and is zoned IP. Public water and phone service are available. Built in 1980, the building provides a practical base for users seeking flexible commercial space with established physical improvements.

Key Highlights

  • Approximately 4,707 square feet of available flex warehouse space
  • 2.39‑acre property at 2923 N 35th Avenue in Phoenix
  • IP zoning supports industrial‑oriented commercial use

Property Analytics

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

Current Use

Embark Truck Driving ... Vocational School

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Pharmacy

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,570
Businesses Nearby
Under-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
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Market

Lease Benchmarks for Phoenix, AZ

$15.56 /SF/Yr
Avg Asking Price
$7.83–$28 /SF/Yr
Price Range
15,168 SF
Avg Space Size

This space is priced 4% below the average of $15.56 /SF/Yr.

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

  • Swanson Services Corporation — 3116 W Thomas Rd # 603, Phoenix, AZ 85017
  • CoFam — 3775 N 36th Ave, Phoenix, AZ 85009

Frequently Asked Questions

What type of property is this?
Flex space - Fenced flex space combines warehouse, office, and industrial functionality with central air conditioning.
Where is this flex space located?
The property is located at 2923 N 35th Avenue Phoenix, AZ.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 4,707 square feet of available flex warehouse space; 2.39‑acre property at 2923 N 35th Avenue in Phoenix; IP zoning supports industrial‑oriented commercial use
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