Warehouse Suite with Grade-Level
9299 West Olive Avenue, Peoria, AZ 85345
For Sale
Contact for pricing
A flex-style warehouse suite featuring 21-foot clear height and a private office buildout for owner-users or tenants.
Property Size3,105 SF
Price / SF$273.75
Days on Market149
Property Features for 9299 West Olive Avenue
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Drive-In Doors
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Rein & Grossoehme Commercial Real Estate
Listed By:
Max Schumacher, SIOR · License AZ SA678600000
(480) 214-9403
Source:
Crexi
Added: Jun 15
Changed: Aug 14
Last Checked: Aug 14 at 7:05AM
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 Rein & Grossoehme Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale suite (Suite 503) is a 2006 construction warehouse/office configuration totaling approximately 3,106 square feet. The space offers 21’ clear height and includes one (1) grade-level door measuring 12’ x 14’. Interior improvements include four (4) private offices, a large conference room, and one (1) restroom, with the majority of the layout dedicated to warehouse use.
Located at 9299 W Olive Ave in Peoria, Arizona, the suite is set up for business use that benefits from both storage and light office capacity. The configuration is centered on the warehouse area while providing dedicated office rooms and meeting space.
This property is well-suited for tenants or buyers seeking a warehouse suite with an on-site office component already in place. The combination of high clear height, a functional grade-level door, and multiple private offices supports operations that require space for warehousing plus day-to-day administration or client meetings within the same suite.
Located at 9299 W Olive Ave in Peoria, Arizona, the suite is set up for business use that benefits from both storage and light office capacity. The configuration is centered on the warehouse area while providing dedicated office rooms and meeting space.
This property is well-suited for tenants or buyers seeking a warehouse suite with an on-site office component already in place. The combination of high clear height, a functional grade-level door, and multiple private offices supports operations that require space for warehousing plus day-to-day administration or client meetings within the same suite.
Key Highlights
- 3,106 SF warehouse flex suite built in 2006
- 21' clear height and one (1) grade level door (12' x 14')
- Includes four (4) private offices and a large conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,677
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,540
$593.5K
Cap Rate 7%
$423,957
$424.0K
Cap Rate 9%
$329,744
$329.7K
Market Conditions
NOI Build-Up for 3,105 SF
Gross rent
$39.5K $12.72/SF
− Vacancy
−$4.6K −$1.48/SF
EGI
$34.9K $11.24/SF
− OpEx
−$5.2K −$1.69/SF
NOI
$29.7K $9.56/SF
Area
Peoria, AZ
Vacancy
11.60%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,540
Cap Rate 7%
$423,957
Cap Rate 9%
$329,744
Alternative Uses
Best Use
Warehouse
$424.0K
$371.0K – $494.6K
NOI $29,677 @ 7.0% cap · market cap 3.49%
Second Best
Flex RnD
$356.1K
$311.6K – $415.5K
NOI $24,927 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$764.5K
$668.9K – $891.9K
NOI $53,513 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
21 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85345, AZ
61,024
Population
24,273
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
87%
High-School Grad
12.7 sq mi
ZIP Area
4,805
Density / Sq Mi
$64,563
Median Household Income
$40,280
Median Earnings
$1,563
Median Rent
$278,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Maricopa County, AZ
Properties on Market for Flex space in Maricopa County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Good Vibes Smokehouse LLC — 9680 W Northern Ave, Peoria, AZ 85345
Frequently Asked Questions
What type of property is this?
Flex space - A flex-style warehouse suite featuring 21-foot clear height and a private office buildout for owner-users or tenants.
Where is this flex space located?
The property is located at 9299 West Olive Avenue Peoria, AZ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,106 SF warehouse flex suite built in 2006; 21' clear height and one (1) grade level door (12' x 14'); Includes four (4) private offices and a large conference room
