Flex Space with Grade-Level
For Sale
Contact for pricing
9013 N 23rd Ave Unit 6, Phoenix, AZ 85021
Renovated suites pair glass-lined interiors with on-site property management and security.
Property Size1,901 SF
Price / SF$1.30
Days on Market206
Property Features for 9013 N 23rd Ave Unit 6
General Information
Standard status
Active
Size
1,901 SF
Site & Location
Neighborhood
North Mountain
Highway Access
Yes
Building Details
Year Built
1982
Listing Agency:
Cutler Commercial
Listed By:
Jim M Lieberthal · License #BR516852000
(602) 955-3500
Source:
Findallphoenixhomelistings
Added: Apr 3
Changed: Oct 25
Last Checked: Oct 24 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 Cutler Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Flex space in Central Valley Industrial Park includes industrial suites of approximately 1,757 to 2,699 SF and a separate office suite of approximately 1,335 SF. Building renovations and modern finishes are complemented by substantial glass lines, and the industrial suites feature grade-level loading. Floorplans are available for review.
The property is at 9013 N 23rd Ave in Phoenix, with access to I-17, Loop 101 and SR 51. On-site property management and security serve the building.
The property is at 9013 N 23rd Ave in Phoenix, with access to I-17, Loop 101 and SR 51. On-site property management and security serve the building.
Key Highlights
- Industrial suites range from approximately 1,757 SF to 2,699 SF
- Separate office suite of approximately 1,335 SF
- Grade‑level loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,958
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,160
$239.2K
Cap Rate 7%
$170,829
$170.8K
Cap Rate 9%
$132,867
$132.9K
Market Conditions
NOI Build-Up for 1,901 SF
Gross rent
$19.4K $10.20/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$17.1K $8.99/SF
− OpEx
−$5.1K −$2.70/SF
NOI
$12.0K $6.29/SF
Area
Phoenix, AZ
Vacancy
11.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,160
Cap Rate 7%
$170,829
Cap Rate 9%
$132,867
Alternative Uses
Best Use
Flex RnD
$298.3K
$261.0K – $348.0K
NOI $20,878 @ 7.0% cap · market cap 846.29%
Second Best
Industrial
$170.8K
$149.5K – $199.3K
NOI $11,958 @ 7.0% cap · market cap 484.72%
Theoretical Best
Office A
$575.8K
$503.9K – $671.8K
NOI $40,308 @ 7.0% cap · market cap 1,633.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,246
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85021, AZ
40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value
Market
Vacancy Rate% for Industrial in Phoenix, AZ
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
- TaQuero Muncho — 9853 N 19th Ave, Phoenix, AZ 85021
Frequently Asked Questions
What type of property is this?
Flex space - Renovated suites pair glass-lined interiors with on-site property management and security.
Where is this flex space located?
The property is located at 9013 N 23rd Ave Unit 6 Phoenix, AZ.
What are key features of this property?
This property features: Industrial suites range from approximately 1,757 SF to 2,699 SF; Separate office suite of approximately 1,335 SF; Grade‑level loading
