Industrial Warehouse with Secured
5925 W Monroe Street, Phoenix, AZ 85043
For Sale
Contact for pricing
Industrial space combines dedicated offices with a secured outdoor yard and dock and drive-in loading.
Property Size25,512 SF
Price / SF$156.79
Days on Market16
Property Features for 5925 W Monroe Street
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Drive-In Doors
Power
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Newmark
Listed By:
Keri Scott · License AZ SA636289000
(602) 222-5116
Source:
Crexi
Added: Oct 29
Changed: Nov 10
Last Checked: Nov 12 at 4:37AM
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 Newmark
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Investment Insights
Based on property information with market context.
This Phoenix industrial building contains 25,512 square feet, including 1,250 square feet of office area. Built in 1973, it offers 18-foot clear height, two dock doors, and two 10-by-14-foot drive-in doors, supported by 250 amps of power. The property also includes approximately three acres of usable, secured yard space and is zoned A-1 by the City of Phoenix.
The site is near Loop 202 and West Van Buren Street.
The site is near Loop 202 and West Van Buren Street.
Key Highlights
- 25,512 SF industrial building, built in 1973
- 1,250 SF of office area
- Approximately 3 acres of secured yard space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,868
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,897,360
$3.9M
Cap Rate 7%
$2,783,829
$2.8M
Cap Rate 9%
$2,165,200
$2.2M
Market Conditions
NOI Build-Up for 25,512 SF
Gross rent
$260.2K $10.20/SF
− Vacancy
−$31.0K −$1.21/SF
EGI
$229.3K $8.99/SF
− OpEx
−$34.4K −$1.35/SF
NOI
$194.9K $7.64/SF
Area
Phoenix, AZ
Vacancy
11.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,897,360
Cap Rate 7%
$2,783,829
Cap Rate 9%
$2,165,200
Alternative Uses
Best Use
Warehouse
$2.78M
$2.44M – $3.25M
NOI $194,868 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.73M
$6.76M – $9.02M
NOI $540,946 @ 7.0% cap · market cap 13.52%
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
18 ft
Clear height
2
Dock-high doors
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85043, AZ
35,800
Population
11,564
Households
3.1
Avg Household Size
28
Median Age
13%
College-Educated
73%
High-School Grad
20.3 sq mi
ZIP Area
1,764
Density / Sq Mi
$70,051
Median Household Income
$39,583
Median Earnings
$1,496
Median Rent
$288,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Phoenix
Vacancy Rate% for Industrial in Phoenix, AZ
Similar Off Market Nearby
- The New Haven Companies, Inc. — 85005, 1002 S 56th Ave #105, Phoenix, AZ 85043
- Closetbox — 875 S 65th Ave, Phoenix, AZ 85043
- Iron Mountain — 614 S 55th Ave, Phoenix, AZ 85043
- Lineage Logistics — 6111 W Washington St, Phoenix, AZ 85043
- Prologis — Phoenix, AZ 85043
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial space combines dedicated offices with a secured outdoor yard and dock and drive-in loading.
Where is this warehouse located?
The property is located at 5925 W Monroe Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 25,512 SF industrial building, built in 1973; 1,250 SF of office area; Approximately 3 acres of secured yard space
