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    4001 40Th St Phoenix, AZ 85040

    For Lease
    $12 SF/Yr

    Phoenix Office/Warehouse Suites Available Now

    Lot size:
    96,723 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Broadway Commerce Center, located at the southeast corner of Broadway Road and 40th Street in Phoenix's South Airport North of Roeser submarket, offers exceptional office and industrial space for lease. This prime location within the Enterprise Zone provides unparalleled access to major freeway systems, including SR-153, SR-143, US-60, AZ-202, and I-10, ensuring seamless transportation throughout the Valley. The property boasts a total of 96,723 square feet, with flexible spaces available ranging from a minimum of 1,122 square feet to a maximum contiguous space of 7,601 square feet. Currently, 8,723 square feet is vacant and ready for immediate occupancy. The building features newly renovated suites and ample parking with a 3.3 spaces per 1,000 square feet ratio. Benefit from prominent building and monument signage opportunities. The property is zoned C-2 by the City of Phoenix, offering versatility for various business types. Its proximity to Sky Harbor International Airport further enhances its appeal. This is a rare opportunity to secure high-quality space in a strategic location with excellent freeway access and modern amenities. Multiple tenancy options are available.

    Property Features for 4001 40Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,723 SF
    Total Rate
    96723

    Unit(s) available at that property

    Space
    4411 S 40th St | Suite D-1
    Size
    1,122 SF
    Rate per SF
    $12
    Space
    4411 S 40th St | Suite D-6
    Size
    7,601 SF
    Rate per SF
    $12

    HighLights

    • Newly renovated suites.
    • Building and monument signage.
    • C‑2 zoning, City of Phoenix.
    • 3.3 parking spaces per 1,000 square feet.
    • Excellent freeway access (I‑10, SR‑143, US‑60).
    • Minutes from Sky Harbor International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9945485
    Latitude
    33.4061848

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    FAQs

    What type of property is this?
    Distribution property - Phoenix Office/Warehouse Suites Available Now
    Where is this distribution property located?
    The property is located at 4001 40Th St Phoenix, AZ.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Newly renovated suites.; Building and monument signage.; C-2 zoning, City of Phoenix.
    Request Owner's contact information
    4001 40Th St Phoenix, AZ 85040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4001 40Th St Phoenix, AZ 85040
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