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Phoenix Industrial Facility For Sale

3220 S 38th St, Phoenix, AZ 85040

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For Sale

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9,760 SF industrial facility on 0.43 AC in Phoenix.

Type:Industrial

Property size:

9,760 SF

Lot size:

0.43 Acres

Price / SF:

$215/SF

HighLights

Prime location in the highly desirable Sky Harbor submarket.
Substantial ±9,760 SF industrial facility on ±0.43 AC.
Building A features 4,800 SF with 1,630 SF of office space, 20’ clear height, and a 16’x16’ grade‑level door.
Fully asphalt‑paved site with two (2) points of ingress/egress.
400 Amps of 3‑phase power.
Includes four buildings, offering versatile usage options.

We can help!

Contact an agent

Max Schumacher, SIOR

For Sale

Contact for pricing

9,760 SF industrial facility on 0.43 AC in Phoenix.

Type:Industrial

Property size:

9,760 SF

Lot size:

0.43 Acres

Price / SF:

$215/SF

Added:: Feb 10, 2026
Days on Market:: 137
Last Refresh:: Mar 17 at 1:15 pm

Property Features for 3220 S 38th St

General Information

Standard status: Active
Size: 9,760 SF
Lot size: 0.43 Acres
Property subtype: Industrial

We can help!

Contact an agent

Max Schumacher, SIOR

Listing office Rein & Grossoehme Commercial Real Estate

Listing date Feb 10, 2026

Source Crexi

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 Rein & Grossoehme Commercial Real Estate

HighLights

Prime location in the highly desirable Sky Harbor submarket.
Substantial ±9,760 SF industrial facility on ±0.43 AC.
Building A features 4,800 SF with 1,630 SF of office space, 20’ clear height, and a 16’x16’ grade‑level door.
Fully asphalt‑paved site with two (2) points of ingress/egress.
400 Amps of 3‑phase power.
Includes four buildings, offering versatile usage options.

Overview

An approximately 9,760 square foot industrial facility is available for sale on an approximately 0.43 acre site. The property is located in the Sky Harbor submarket. The site is fully asphalt paved and features two points of ingress and egress. The property includes four buildings. Building A contains 4,800 square feet, including 1,630 square feet of office space and the remainder as warehouse space. It features a 20-foot clear height and one 16’x16’ grade level door, as well as a 10’x10’ passthrough to Building B. Building B contains 3,040 square feet and features a 14-foot clear height and two point booths. Buildings C and D each contain 960 square feet. The property has 400 Amps of 3 phase power, to be confirmed by Buyer.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$299.8k	$30.72
− Vacancy	−$77.1k	−$7.90
EGI	$222.8k	$22.82
− OpEx	−$55.7k	−$5.71
NOI	$167.1k	$17.12

9,760 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.39M

$2.09M – $2.78M (±1% cap)

NOI $167,079 @ 7.0% cap · market cap 7.96%

Second Best

Flex RnD

$1.53M

$1.34M – $1.79M (±1% cap)

NOI $107,188 @ 7.0% cap · market cap 5.10%

Theoretical Best

Office A

$2.96M

$2.59M – $3.45M (±1% cap)

NOI $206,947 @ 7.0% cap · market cap 9.85%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Ara Residences Apartment Complex Swim Platforms, Inc. Big Box & Wholesale Store Easy Up Swim ... Big Box & Wholesale Store

Suggested Use

Similar Places Nearby

Diana Johnson's Catering — 3402 E Illini St, Phoenix, AZ 85040

Location Insight

Map
Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -112.0000511
Latitude: 33.4170959

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For sale
Flex space
AZ
Phoenix
85040
3220 S 38th St

What type of property is this?

Flex space - 9,760 SF industrial facility on 0.43 AC in Phoenix.

Where is this flex space located?

The property is located at 3220 S 38th St Phoenix, AZ.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Prime location in the highly desirable Sky Harbor submarket.; Substantial ±9,760 SF industrial facility on ±0.43 AC.; Building A features 4,800 SF with 1,630 SF of office space, **20’ clear height**, and a **16’x16’ grade‑level door**.