Flex Space with Grade Level
For Sale
$950,000
6016 N 57th Ave, Glendale, AZ 85301
Flex space with an office, restroom, paint booth, and secured gated yard plus three grade level doors.
Property Size2,954 SF
Price / SF$321.60
Days on Market246
Property Features for 6016 N 57th Ave
General Information
Standard status
Active
Size
2,954 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Drive-In Doors
3
Three-Phase Power
Yes
Building Details
Year Built
1988
Listing Agency:
West USA Realty
Listed By:
Marco Zazueta · License #SA565538000
(602) 565-7624
Source:
Greaterphoenixhomelistings
Added: Feb 27
Changed: Oct 25
Last Checked: Oct 30 at 2:20PM
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 West USA Realty
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Investment Insights
Based on property information with market context.
This flex space includes a reception area, one office, and one restroom, along with dry storage and a kitchenette. Warehouse features include HVAC in the office area and a swamp cooler in the warehouse, plus a paint booth. The facility is served by three 10' x 12' grade level doors, with 3-phase power available for equipment needs.
On-site storage and staging are supported by two cargo containers, one storage shed structure, and a canopy area. The yard is secured and gated, providing controlled access for equipment, materials, or day-to-day operations.
With approximately 2,945 SF of space, the layout supports light industrial and service-oriented uses where both office functionality and warehouse storage are needed.
On-site storage and staging are supported by two cargo containers, one storage shed structure, and a canopy area. The yard is secured and gated, providing controlled access for equipment, materials, or day-to-day operations.
With approximately 2,945 SF of space, the layout supports light industrial and service-oriented uses where both office functionality and warehouse storage are needed.
Key Highlights
- Approximately 2,945 SF flex space with reception, office, restroom, dry storage, and kitchenette
- Three 10' x 12' grade level doors for loading and warehouse access
- Paint booth plus canopy area for work‑in‑place capabilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,119
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,380
$742.4K
Cap Rate 7%
$530,271
$530.3K
Cap Rate 9%
$412,433
$412.4K
Market Conditions
NOI Build-Up for 2,954 SF
Gross rent
$63.8K $21.60/SF
− Vacancy
−$6.7K −$2.27/SF
EGI
$57.1K $19.33/SF
− OpEx
−$20.0K −$6.77/SF
NOI
$37.1K $12.57/SF
Area
Glendale, AZ
Vacancy
10.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,380
Cap Rate 7%
$530,271
Cap Rate 9%
$412,433
Alternative Uses
Best Use
Flex RnD
$530.3K
$464.0K – $618.7K
NOI $37,119 @ 7.0% cap · market cap 3.91%
Second Best
Warehouse
$403.3K
$352.9K – $470.6K
NOI $28,234 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$927.9K
$811.9K – $1.08M
NOI $64,952 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85301, AZ
67,380
Population
24,019
Households
2.8
Avg Household Size
30
Median Age
11%
College-Educated
71%
High-School Grad
9.3 sq mi
ZIP Area
7,245
Density / Sq Mi
$47,422
Median Household Income
$33,727
Median Earnings
$1,189
Median Rent
$218,100
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with an office, restroom, paint booth, and secured gated yard plus three grade level doors.
Where is this flex space located?
The property is located at 6016 N 57th Ave Glendale, AZ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 2,945 SF flex space with reception, office, restroom, dry storage, and kitchenette; Three 10' x 12' grade level doors for loading and warehouse access; Paint booth plus canopy area for work‑in‑place capabilities
