Warehouse with Office and
875 E SALTER DR Phoenix, AZ 85027
875 E SALTER DR, Phoenix, AZ, 85027
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For Sale
Contact for pricing
2019-built warehouse includes dedicated office space, a canopy, and a secured yard with automated rolling gates.
Property Size12,899 SF
Price / SF$403.13
Days on Market86
Property Features for 875 E SALTER DR
General Information
- Standard status
- Active
- Size
- 12,899 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2018
Listing agency
Kidder Mathews
(602) 513-5200
Listed by
Eric Bell · License #AZ SA528580000
Source
Crexi
Added: Apr 28 Updated: Jul 21 at 5:31PM Checked: Jul 21 at 5:31PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This 2019-built warehouse property totals 12,899 SF, supported by 6,600 SF of office space and 1,300 SF of canopy. The warehouse offers 18’ clear height and grade-level loading with two 16’x14’ doors and one 14’x14’ door. The site includes a secured yard with two automated rolling gates and fully automated features with private app control.
The property sits on a 1.05-acre lot and is zoned A-1 (City of Phoenix). Power is listed at 600 amps, 120/208V with 3-phase service.
The property is leased through 12/31/2026 under an NNN structure, with current rent stated as $18,864 per month.
The property sits on a 1.05-acre lot and is zoned A-1 (City of Phoenix). Power is listed at 600 amps, 120/208V with 3-phase service.
The property is leased through 12/31/2026 under an NNN structure, with current rent stated as $18,864 per month.
Key Highlights
- Total 12,899 SF warehouse with 6,600 SF office and 1,300 SF canopy, plus a 1.05‑acre (45,618 SF) lot
- 18' clear height with loading including (2) 16' x 14' grade level doors and (1) 14' x 14' grade level door
- 2019 build with A‑1 zoning (City of Phoenix)
Local Financial Insights For Office B
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 | $396.3k | $30.72 |
| − Vacancy | −$101.8k | −$7.90 |
| EGI | $294.4k | $22.82 |
| − OpEx | −$73.6k | −$5.71 |
| NOI | $220.8k | $17.12 |
12,899 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.15M
$2.76M – $3.68M
NOI $220,814 @ 7.0% cap · market cap 4.25%
Second Best
Flex RnD
$2.02M
$1.77M – $2.36M
NOI $141,662 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$3.91M
$3.42M – $4.56M
NOI $273,505 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
API General Contractors
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Phoenix Food Truck Catering — 21442 N Central Ave, Phoenix, AZ 85027
FAQs
What type of property is this?
Flex space - 2019-built warehouse includes dedicated office space, a canopy, and a secured yard with automated rolling gates.
Where is this flex space located?
The property is located at 875 E SALTER DR Phoenix, AZ.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Total 12,899 SF warehouse with 6,600 SF office and 1,300 SF canopy, plus a 1.05‑acre (45,618 SF) lot; 18' clear height with loading including (2) 16' x 14' grade level doors and (1) 14' x 14' grade level door; 2019 build with A‑1 zoning (City of Phoenix)
