Flex Space with Covered
3409 W BETHANY HOME Road, Phoenix, AZ 85017
For Sale
Contact for pricing
The space has 400-amp electrical service and a 10-foot roll-up door for loading.
Property Size8,890 SF
Lot Size0.29 Acres
Price / SF$0.79
Days on Market11
Property Features for 3409 W BETHANY HOME Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Fenced Yard
Additional Details
Power
Amenities
block wall lot
100% HVAC
400 Amps power
covered loading area
large monument signage
Listing Agency:
My Home Group Real Estate
(480) 685-2760
Listed By:
Amanda Harper
(623) 692-7666
Source:
Mariannashone
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 8 at 5:24AM
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 My Home Group Real Estate
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Investment Insights
Based on property information with market context.
This flex space has 100% HVAC coverage, 400 amps of power and a 10-foot roll-up door serving a covered loading area. The property also includes a secure, block-wall-enclosed 12,500 SF lot and 36 parking spaces, along with monument signage.
The site is on W Bethany Home Road in Phoenix, across from Walmart and Bethany Town Center Retail.
The site is on W Bethany Home Road in Phoenix, across from Walmart and Bethany Town Center Retail.
Key Highlights
- Secure 12,500 SF lot enclosed by a block wall
- 400 amps of power and 100% HVAC
- Covered loading area with a 10‑foot roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,921
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,420
$1.1M
Cap Rate 7%
$798,871
$798.9K
Cap Rate 9%
$621,344
$621.3K
Market Conditions
NOI Build-Up for 8,890 SF
Gross rent
$90.7K $10.20/SF
− Vacancy
−$10.8K −$1.21/SF
EGI
$79.9K $8.99/SF
− OpEx
−$24.0K −$2.70/SF
NOI
$55.9K $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%
$1,118,420
Cap Rate 7%
$798,871
Cap Rate 9%
$621,344
Alternative Uses
Best Use
Flex RnD
$1.39M
$1.22M – $1.63M
NOI $97,634 @ 7.0% cap
Second Best
Industrial
$798.9K
$699.0K – $932.0K
NOI $55,921 @ 7.0% cap
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,500 @ 7.0% cap
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
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$242,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Phoenix, AZ
Properties on Market for Flex space in Phoenix
Vacancy Rate% for Industrial in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Flex space - The space has 400-amp electrical service and a 10-foot roll-up door for loading.
Where is this flex space located?
The property is located at 3409 W BETHANY HOME Road Phoenix, AZ.
What are key features of this property?
This property features: Secure 12,500 SF lot enclosed by a block wall; 400 amps of power and 100% HVAC; Covered loading area with a 10‑foot roll‑up door
