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Remodeled Flex Space
For Lease
$9,223/Mo

4120 E Madison St, Phoenix, AZ 85034

Heavy industrial zoning supports a range of industrial and office-oriented commercial functions.

Space SizeContact for details
Days on Market161

Property Features for 4120 E Madison St

General Information

Standard status Active
Zoning I-2

Additional Details

Condition Turnkey

Taxes and HOA fees

Annual Taxes $6,447
Listing Agency: Realty Executives Arizona Territory
Listed By: Richard J Padelford · License #SA030962000
Source: Exprealty
Added: Mar 5 Changed: Aug 12 Last Checked: Aug 13 at 8:36AM

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 Realty Executives Arizona Territory

Investment Insights

Based on property information with market context.

This flex space combines office and industrial components, with the office area remodeled several years ago. The property is described as clean and ready for occupancy, while the City of Phoenix zoning designation is I-2 for heavy industrial use.

The property is located at 4120 E Madison St in Phoenix, adjacent to Sky Harbor Airport and the Skytrain. Its airport-adjacent setting and combination of office and industrial areas provide a practical configuration for users seeking proximity to airport facilities.

Key Highlights

  • I‑2 heavy industrial zoning under the City of Phoenix designation
  • Office section remodeled several years ago
  • Office and industrial components in one flex space

Property Analytics

Current Use

Primo Powder Coating ... Powder Coating Service Prism Powder Coating Powder Coating Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Hair Salon Veterinary Clinic Garden Center Home Appliance 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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby
Balanced
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

This space is priced 40% below the average of $20.14 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Heavy industrial zoning supports a range of industrial and office-oriented commercial functions.
Where is this flex space located?
The property is located at 4120 E Madison St Phoenix, AZ.
What is the lease rate?
The lease rate is $9,223/Mo.
What are key features of this property?
This property features: I‑2 heavy industrial zoning under the City of Phoenix designation; Office section remodeled several years ago; Office and industrial components in one flex space
More about this property
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