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1617 Jefferson St Phoenix, AZ 85034

Sponsored
For Sale
$1,260,000

High-return flex warehouse, fully leased.

Property size:
4,867 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 4,867-square-foot industrial flex warehouse located at 1617 E Jefferson Street, Phoenix, Arizona, 85034. The property boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $75,600 annually. Currently 100% occupied with a lease extending through August 2028, this asset offers predictable cash flow and long-term stability. The building features desirable characteristics for industrial users, including two 10'H x 12'W grade-level dock high doors, an 11-foot clear ceiling height, and evaporative cooling. Situated on a fully fenced 0.32-acre lot, the property benefits from convenient access to the I-10 Freeway, enhancing its logistical appeal. Zoned C-3 and located within an Opportunity Zone, this property presents significant potential for future appreciation. The land value is $258.88 per square foot. The property's APN is 115-05-059 & 115-05-0588. This is a turnkey investment ideal for those seeking a stable, high-yielding industrial asset in a prime Phoenix location. The asking price is $1,260,000.

Property Features for 1617 Jefferson St

General Information

Property type
Distribution properties
Square Feet
4,867 SF
Lot Size
13,939 SF

HighLights

  • For Sale: Industrial Building, Fully Leased through August 2028.
  • Fully Leased Investment Opportunity.
  • Lease Expiration: August 2028.
  • 11‑foot Clear Height Warehouse.
  • Evaporative Cooling System.
  • Two 10' x 12' Grade‑Level Loading Doors.
Property Profile Location Intelligence

Current Use by Public Records

Vazquez Multiservices LLC Car Detailing Service LifeSafer Ignition Interlock Safety Equipment Supplier Smart Start Ignition ... Safety Equipment Supplier J&M Family Automotive, ... Auto Repair Shop Quickstart Ignition Interlock Safety Equipment Supplier

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.0468834
Latitude
33.4469323

FAQs

What type of property is this?
Distribution property - High-return flex warehouse, fully leased.
Where is this distribution property located?
The property is located at 1617 Jefferson St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,260,000.
What are key features of this property?
This property features: For Sale: Industrial Building, Fully Leased through August 2028.; Fully Leased Investment Opportunity.; Lease Expiration: August 2028.
More about this property
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