Freestanding Flex
For Sale
Contact for pricing
4207 East Cotton Center Boulevard, Phoenix, AZ 85040
Vacant single-story facility with office, showroom, light industrial, and operational use potential.
Property Size24,900 SF
Price / SF$175.10
Days on Market101
Property Features for 4207 East Cotton Center Boulevard
General Information
Standard status
Active
Size
24,900 SF
Class
A
Property subtype
Office, Industrial
Zoning
CP/BP
Lease Type
NNN
Warehouse & Industrial
Drive-In Doors
1
Power
1,200 amps
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
2006
Buildings
1
Stories
1
Tenancy
Single
Building Size
24,900 SF
Construction
tilt-up precast concrete
Parking Ratio
4 per 1,000 SF
Listing Agency:
Kidder Mathews
Listed By:
Nathan Thinnes · License #SA530037000
(602) 550-5671
Source:
Crexi
Added: Jul 8
Changed: Oct 5
Last Checked: Oct 16 at 9:44AM
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 Kidder Mathews
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Investment Insights
Based on property information with market context.
This freestanding flex property in Phoenix’s Cotton Center business park contains approximately 24,900 SF in a single-story building constructed in 2006. Tilt-up precast concrete construction, a fully sprinklered wet-pipe system, and one grade-level drive-up door support a range of office, showroom, light industrial, and operational requirements. The building is offered vacant for immediate occupancy.
Electrical capacity includes 1,200-amp, 277-480V, 3-phase power, with parking provided at a ratio of 4.0 spaces per 1,000 SF. The property is located at 4207 East Cotton Center Boulevard, approximately five minutes from Sky Harbor International Airport and less than 15 minutes from Downtown Phoenix. Nearby retail, dining, hotel, and lifestyle amenities add convenience for employees, clients, and daily operations. Zoning is CP/BP.
Electrical capacity includes 1,200-amp, 277-480V, 3-phase power, with parking provided at a ratio of 4.0 spaces per 1,000 SF. The property is located at 4207 East Cotton Center Boulevard, approximately five minutes from Sky Harbor International Airport and less than 15 minutes from Downtown Phoenix. Nearby retail, dining, hotel, and lifestyle amenities add convenience for employees, clients, and daily operations. Zoning is CP/BP.
Key Highlights
- Approximately 24,900 SF of single‑story flex space
- Built in 2006 with tilt‑up precast concrete construction
- 1,200‑amp / 277‑480V / 3‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$273,462
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,469,240
$5.5M
Cap Rate 7%
$3,906,600
$3.9M
Cap Rate 9%
$3,038,467
$3.0M
Market Conditions
NOI Build-Up for 24,900 SF
Gross rent
$478.1K $19.20/SF
− Vacancy
−$57.4K −$2.30/SF
EGI
$420.7K $16.90/SF
− OpEx
−$147.2K −$5.91/SF
NOI
$273.5K $10.98/SF
Area
Phoenix, AZ
Vacancy
12.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,469,240
Cap Rate 7%
$3,906,600
Cap Rate 9%
$3,038,467
Alternative Uses
Best Use
Office B
$6.09M
$5.33M – $7.10M
NOI $426,256 @ 7.0% cap · market cap 9.78%
Second Best
Flex RnD
$3.91M
$3.42M – $4.56M
NOI $273,462 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$7.54M
$6.60M – $8.80M
NOI $527,970 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,234
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85040, AZ
33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Phoenix, AZ
Similar Off Market Nearby
- Chef John's, LLC — 2207 S 48th St, Tempe, AZ 85282
Frequently Asked Questions
What type of property is this?
Flex space - Vacant single-story facility with office, showroom, light industrial, and operational use potential.
Where is this flex space located?
The property is located at 4207 East Cotton Center Boulevard Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,360,000.
What are key features of this property?
This property features: Approximately 24,900 SF of single‑story flex space; Built in 2006 with tilt‑up precast concrete construction; 1,200‑amp / 277‑480V / 3‑phase power
