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Office/Warehouse Flex Space
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317 South 48th Street, Phoenix, AZ 85034

Evap-cooled warehouse with 24’ clear height, ESFR sprinklers, and substantial office buildout for operations.

Space SizeContact for details
Days on Market49

Property Features for 317 South 48th Street

General Information

Standard status Active
Property subtype Industrial

Warehouse & Industrial

Clear Height 24 ft
Dock-High Doors 5
Drive-In Doors 1
Heavy Power Yes
Sprinkler System Yes
Listing Agency: CBRE | Phoenix
Listed By: Serena Wedlich
Source: Cbre
Added: Jun 23 Changed: Jul 10 Last Checked: Aug 10 at 11:55AM

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 CBRE | Phoenix

Investment Insights

Based on property information with market context.

This for-rent office/warehouse flex space offers 30,071 SF total with approximately 2,500 SF of office area. The warehouse is evap-cooled and provides 24’ clear height, supported by an ESFR sprinkler system. Truck and loading include five (5) truckwell doors plus one (1) grade door, supporting a range of receiving and distribution needs. Electrical service is available with one (1) 250 amps at 277/480V and two (2) 225 amps at 122/208V.

Located at 317 South 48th Street in Phoenix, Arizona 85034, the property combines functional warehouse clear height and loading capacity with an on-site office component, which can help streamline day-to-day operations.

The layout is well suited for tenants that need both light industrial storage or distribution space and dedicated office space in the same facility. With evap cooling, ESFR sprinkler protection, and multiple loading doors, the building supports regular inbound and outbound activity while maintaining room for office functions related to management, scheduling, or customer coordination.

Key Highlights

  • 130,071 SF office/warehouse space
  • 2,500 SF office area
  • 24’ clear height with evap‑cooled warehouse

Property Analytics

Current Use

Norstar International Corporate Office Hub317 Real Estate Agency FullScript Warehouse & Storage Summit Electric Supply Building Supply Duralift - Phoenix Warehouse & Storage

Suggested Use

Top Pick Dental Office Hair Salon Spa & Massage Center Grocery & Convenience Store Electrical Service (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

24 ft
Clear height
5
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
Well-served
Demand for This Use

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

$20.14 /SF/Yr
Avg Asking Price
$13.79–$39.78 /SF/Yr
Price Range
14,336 SF
Avg Space Size

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Evap-cooled warehouse with 24’ clear height, ESFR sprinklers, and substantial office buildout for operations.
Where is this flex space located?
The property is located at 317 South 48th Street Phoenix, AZ.
What are key features of this property?
This property features: 130,071 SF office/warehouse space; 2,500 SF office area; 24’ clear height with evap‑cooled warehouse
More about this property
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