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Fully Leased Multi-Tenant Warehouse
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620 N 43rd Ave, Phoenix, AZ 85043

100% leased multi-tenant warehouse with four tenants, eight dock-high doors, and four grade-level doors.

Property Size49,513 SF
Days on Market41

Property Features for 620 N 43rd Ave

General Information

Standard status Active
Size 49,513 SF
Property subtype INDUSTRIAL
Listing Agency: Cushman & Wakefield | Phoenix
Listed By: Mike Haenel
Source: Moodyscre
Added: Jun 22 Changed: Jul 31 Last Checked: Jul 31 at 3:52AM

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 Cushman & Wakefield | Phoenix

Investment Insights

Based on property information with market context.

620 North 43rd Avenue is a fully leased, multi-tenant industrial warehouse totaling 49,513 SF on 3.32 acres. The building is 100% leased to a diversified roster of four tenants and features a 4.2-year WALT, supporting stability through a mix of industrial and service-oriented users.

The tenancy is anchored by Sherwin-Williams (NYSE: SHW), a publicly traded paint manufacturer, under a long-term lease with approximately 8.3 years of term remaining and multiple extension options. The facility is designed for day-to-day operational flexibility, with 20’–22’ clear height, eight (8) dock-high doors, four (4) grade-level doors, and an 80’ x 110’ fully secured truck court.

Additional capabilities include 1,600 amps of 277/480V, 3-phase power, and evaporative-cooled warehouse space. The property also has adjacency to an active rail line. Access to major regional corridors is positioned approximately 1.5 miles from I-10, 3 miles from Loop 202, and 4 miles from US-60 and Downtown Phoenix, with Phoenix Sky Harbor International Airport within 10 miles.

Key Highlights

  • 49,513 SF warehouse on 3.32 acres with 100% occupancy across four tenants and 4.2‑year WALT
  • Sherwin‑Williams (NYSE: SHW) anchor tenant with approximately 8.3 years of term remaining and extension options
  • 20’–22’ clear height plus eight (8) dock‑high doors and four (4) grade‑level doors

Property Analytics

Current Use

Good Life Wholesale ... Big Box & Wholesale Store KT Auto Body ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Skin Care Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Phoenix, AZ

6.8% 2019
8.1% 2020
5% 2021
4.4% 2022
8.9% 2023
12.2% 2024
12.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - 100% leased multi-tenant warehouse with four tenants, eight dock-high doors, and four grade-level doors.
Where is this warehouse located?
The property is located at 620 N 43rd Ave Phoenix, AZ.
What are key features of this property?
This property features: 49,513 SF warehouse on 3.32 acres with 100% occupancy across four tenants and 4.2‑year WALT; Sherwin‑Williams (NYSE: SHW) anchor tenant with approximately 8.3 years of term remaining and extension options; 20’–22’ clear height plus eight (8) dock‑high doors and four (4) grade‑level doors
(602) 954-9000 Call to check price and availability
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