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    Phoenix Flex Space For Sale Title is generated by Realmo AI

    3829-3839 N 3rd St, Phoenix, AZ

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    Flex space featuring office and warehouse components in Phoenix, Arizona.

    Type:INDUSTRIAL
    Property size:
    8,786 SF
    Lot size:
    0.42 Acres
    Price / SF:
    $204/SF
    Added:
    May 22, 2025
    Days on Market:
    387
    Last Refresh:
    May 20 at 8:22 pm

    Property Features for 3829-3839 N 3rd St

    General Information

    Standard status
    Active
    Size
    8,786 SF
    Lot size
    0.42 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Landon McKernan
    Landon McKernan

    Listing agent Landon McKernan License #AZ SA690813000

    Listing office LevRose Commercial Real Estate

    Listing date May 22, 2025

    Source Moodyscre

    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 LevRose Commercial Real Estate

    HighLights

    • Owner user opportunity
    • Multi or single tenant capable
    • 70% office / 30% warehouse
    • Two (2) grade level doors (12’ x 10’)
    • 14’ clear height in warehouse
    • Monument signage

    Overview

    This property presents an opportunity for an owner-user or multi-tenant occupancy. The building is configured with approximately 70% office space and 30% warehouse space. The office area includes nine offices, three bathrooms, and one kitchen. The warehouse component features a 14-foot clear height. Power is supplied with 800A at 240V, which the buyer should independently confirm. Access to the warehouse is provided by two grade-level doors, each measuring 12 feet by 10 feet. Approximately 50% of the warehouse is equipped with HVAC, while the remaining 50% is cooled by an evaporative cooling system. A mezzanine level is available for storage. The property benefits from monument signage and block construction. The property is located in Phoenix, Arizona.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $269.9k $30.72
    − Vacancy −$69.4k −$7.90
    EGI $200.5k $22.82
    − OpEx −$50.1k −$5.71
    NOI $150.4k $17.12
    8,786 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.15M
    $1.88M – $2.51M (±1% cap)
    NOI $150,405 @ 7.0% cap · market cap 8.36%
    Second Best
    Flex RnD
    $1.38M
    $1.21M – $1.61M (±1% cap)
    NOI $96,491 @ 7.0% cap · market cap 5.36%
    Theoretical Best
    Office A
    $2.66M
    $2.33M – $3.10M (±1% cap)
    NOI $186,295 @ 7.0% cap · market cap 10.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Law Firm Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Extra Space Storage — 301 W Indian School Rd, Phoenix, AZ 85013
    • Five SAC Self Storage Group — 207 E Clarendon Ave, Phoenix, AZ 85012
    • Self Storage — 461 w mulberry dr, phoenix, az 85013
    • One Stop Auto Storage & Logistics — 3800 N 3rd Ave, Phoenix, AZ 85013
    • Scanning Nations — 3525 N Central Ave, Phoenix, AZ 85012

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.069
    Latitude
    33.4923

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    FAQs

    What type of property is this?
    Warehouse - Flex space featuring office and warehouse components in Phoenix, Arizona.
    Where is this warehouse located?
    The property is located at 3829-3839 N 3rd St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Owner user opportunity; Multi or single tenant capable; 70% office / 30% warehouse
    (916) 872-7909 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Landon McKernan
    Landon McKernan
    Real Estate License ID: AZ SA690813000
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