Freeway Visible Contractor
8625 N 27th Ave Phoenix, AZ
8625 N 27th Ave, Phoenix, AZ, 00000
Contact for pricing
For Sale
Contact for pricing
Flex space with I-17 freeway exposure and easy access.
Property Size2,205 SF
Lot Size0.35 Acres
Price / SF$269.84
Days on Market1183
Property Features for 8625 N 27th Ave
General Information
- Standard status
- Active
- Size
- 2,205 SF
- Lot size
- 0.35 Acres
- Property subtype
- INDUSTRIAL
Listing agency
LevRose Commercial Real Estate
(480) 510-1353
Listed by
Aaron Norwood · License #SA561466000
(480) 510-1353
Source
Moodyscre
Added: Apr 26, 2023 Updated: Jul 6 at 10:17AM Checked: Jul 21 at 4:20AM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This 2,205 square foot property is suitable for flex space, industrial, and warehouse use. The building is visible from the I-17 Freeway and features a monument sign. It offers convenient access on 27th Avenue and includes four roll-up doors. The property is an efficient contractor building with a large parking lot.
Key Highlights
- I‑17 Freeway exposure
- Visible from the freeway
- Easy access on 27th Ave
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.3k | $19.20 |
| − Vacancy | −$5.1k | −$2.30 |
| EGI | $37.3k | $16.90 |
| − OpEx | −$13.0k | −$5.91 |
| NOI | $24.2k | $10.98 |
2,205 SF · lease $19.20/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$345.9K
$302.7K – $403.6K
NOI $24,216 @ 7.0% cap · market cap 4.07%
Second Best
Warehouse
$240.6K
$210.5K – $280.7K
NOI $16,842 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$667.9K
$584.4K – $779.2K
NOI $46,754 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rim Repair Rx
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Colossal Crab Catering — 8155 N Black Cyn Hwy #37741, Phoenix, AZ 85069
- Carmen's AZ Catering — 8433 N Black Cyn Hwy Suite #136-A, Phoenix, AZ 85021
FAQs
What type of property is this?
Flex space - Flex space with I-17 freeway exposure and easy access.
Where is this flex space located?
The property is located at 8625 N 27th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: I‑17 Freeway exposure; Visible from the freeway; Easy access on 27th Ave
