Industrial
For Lease
Contact for pricing
824 E University Dr, Phoenix, AZ 85034
Warehouse space is offered under a sublease structure with NNN lease terms.
Space Size77,912 SF
Lot Size3.90 Acres
Days on Market280
Property Features for 824 E University Dr
General Information
Standard status
Active
Size
77,912 SF
Net Rentable
77,912 SF
Lot size
3.90 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Space & Availability
Available Space
77,912 SF
Contiguous Space
77,912 SF
Space Use
Warehouse
Sublease
Yes
Lease Terms
Lease Rate
$0.75 /USD/SF/MO
Monthly Rent
$58,434
Rent per SF/Year
$9
Site & Location
Neighborhood
Central City
Building Details
Building Size
77,912 SF
Spaces For Lease
at 824 E University Dr
824 E University Dr
AVAILABLE, Now
Floor
Bldg
Size
77,912 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
Yes
- Industrial warehouse for sublease at 824 East University Drive in Phoenix.
- Building consists of ±77,912 square feet on ±3.9 acres.
- Sublease rate is $0.75 per square foot per month, NNN.
- Master lease expires March 31, 2027.
Contact us
Listing Agency:
Colliers | Phoenix
(602) 222-5000
Listed By:
Rob Martensen, CCIM, SIOR
(602) 499-7072
Source:
Moodyscre
Added: Jan 19
Changed: Oct 25
Last Checked: Oct 24 at 5:00PM
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 Colliers | Phoenix
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Investment Insights
Based on property information with market context.
This warehouse property comprises approximately 77,912 square feet across approximately 3.9 acres. The offering is structured as a sublease, with the master lease scheduled to end on March 31, 2027.
The property is located at 824 E University Dr in Phoenix, Arizona. NNN lease terms apply.
The property is located at 824 E University Dr in Phoenix, Arizona. NNN lease terms apply.
Key Highlights
- Approximately 77,912 square feet of warehouse space
- Approximately 3.9 acres
- Sublease opportunity
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Phoenix, AZ
$11.61 /SF/Yr
Avg Asking Price
$1.3–$18 /SF/Yr
Price Range
42,575 SF
Avg Space Size
This space is priced 22% below the average of $11.61 /SF/Yr.
Vacancy Rate% for Industrial in Phoenix, AZ
Similar Off Market Nearby
- Iron Mountain — 2202 S 7th St suite C, Phoenix, AZ 85034
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space is offered under a sublease structure with NNN lease terms.
Where is this warehouse located?
The property is located at 824 E University Dr Phoenix, AZ.
What are key features of this property?
This property features: Approximately 77,912 square feet of warehouse space; Approximately 3.9 acres; Sublease opportunity
