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    5002 40Th St Phoenix, AZ 85040

    For Lease
    $13 SF/Yr

    Phoenix Industrial Space: Flexible Lease Options

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional industrial property, the South 40 Commerce Center, offers a prime location in Maricopa County's South Airport North of Roeser Ind submarket. The 40,000 square foot facility, built in 1976, features multiple tenancy options, with a minimum divisible space of 2,080 square feet and a maximum contiguous space of 5,353 square feet. Currently, 17,077 square feet is available for lease. The building boasts a robust metal construction, providing durability and longevity. Tenants will benefit from three loading docks, dedicated truckwells, and a large fenced yard, ideal for secure storage and efficient operations. The property's strategic location at the intersection of 40th Street and Roeser Road provides immediate access to Interstate 10 and Sky Harbor International Airport, ensuring seamless transportation and logistics. Monument signage is also available, offering excellent visibility and branding opportunities. This is an exceptional opportunity for businesses seeking flexible, well-equipped industrial space in a highly desirable location. Contact us today to learn more about leasing options and explore the possibilities this property offers.

    Property Features for 5002 40Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    46000

    Building Details

    Year Built
    1976

    Unit(s) available at that property

    Space
    Suite R
    Size
    4,822 SF
    Rate per SF
    $13
    Space
    Suite G
    Size
    2,080 SF
    Rate per SF
    $15

    HighLights

    • 40,000 SF industrial building with 17,077 SF currently vacant, divisible to 2,080 SF minimum.
    • Metal building construction.
    • Monument signage available.
    • Prime location at 40th Street and Roeser Road, offering excellent access to I‑10 and Sky Harbor Airport.
    • Units feature dedicated truckwells and large fenced yards.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Navis Pack & Ship Freight Forwarding Service Ultimate Computers & Networking Computer Store Ecoview Windows & Doors Window Installation Service United Safety Safety Equipment Supplier PIRTEK Hydraulic Repair Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9967072
    Latitude
    33.4014649

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    FAQs

    What type of property is this?
    Distribution property - Phoenix Industrial Space: Flexible Lease Options
    Where is this distribution property located?
    The property is located at 5002 40Th St Phoenix, AZ.
    What is the lease rate?
    The lease rate is $13-$15 SF/Yr.
    What are key features of this property?
    This property features: 40,000 SF industrial building with 17,077 SF currently vacant, divisible to 2,080 SF minimum.; Metal building construction.; Monument signage available.
    Request Owner's contact information
    5002 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
    5002 40Th St Phoenix, AZ 85040
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