Industrial Flex Space with
For Lease
$4,214/Mo
B105-1940 W Elliot Rd, Gilbert, AZ 85234
Built-out flex layout with fully air-conditioned offices and an evap-cooled warehouse for temperature-sensitive operations.
Space SizeContact for details
Days on Market107
Property Features for B105-1940 W Elliot Rd
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$4,214
Listing Agency:
AXIS Real Estate
(602) 614-5590
Listed By:
Jon David Benton · License #SA578109000
(602) 478-6117
Source:
Exprealty
Added: May 21
Changed: Aug 21
Last Checked: Sep 2 at 1:39AM
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 AXIS Real Estate
Investment Insights
Based on property information with market context.
This fully built-out industrial flex space includes offices and warehouse area designed for mixed operational and staff needs. The office portion is fully air conditioned, while the warehouse is served by evap-cooled cooling. The space is presented with an existing layout, and photos are available to review the interior build-out.
The property is located at B105-1940 W Elliot Rd in Gilbert, AZ. The current tenant’s lease is set to end June 30, supporting an upcoming move-in timeframe. Lease terms note a 3-year minimum requirement, and the tenant may consider subleasing an office portion and a small portion of warehouse space if a new lessee is interested.
For tenants seeking a flex configuration, the combination of office climate control and evap-cooled warehouse support a range of light industrial and back-office uses where consistent workspace comfort matters. The economics are structured as a base rent with NNNs additional, and the lease calls for annual increases. This is a practical option for organizations that want an operational warehouse environment with finished office space already in place.
The property is located at B105-1940 W Elliot Rd in Gilbert, AZ. The current tenant’s lease is set to end June 30, supporting an upcoming move-in timeframe. Lease terms note a 3-year minimum requirement, and the tenant may consider subleasing an office portion and a small portion of warehouse space if a new lessee is interested.
For tenants seeking a flex configuration, the combination of office climate control and evap-cooled warehouse support a range of light industrial and back-office uses where consistent workspace comfort matters. The economics are structured as a base rent with NNNs additional, and the lease calls for annual increases. This is a practical option for organizations that want an operational warehouse environment with finished office space already in place.
Key Highlights
- Fully built‑out industrial flex space with fully air‑conditioned offices and an evap‑cooled warehouse for temperature‑sensitive operations
- Lease ends June 30 (current tenant) with a 3‑year minimum lease requirement
- Tenant open to subleasing an office and a small portion of the warehouse if a new lessee is interested
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85234, AZ
51,051
Population
17,488
Households
2.9
Avg Household Size
36
Median Age
46%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
4,290
Density / Sq Mi
$118,012
Median Household Income
$54,080
Median Earnings
$1,971
Median Rent
$488,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Built-out flex layout with fully air-conditioned offices and an evap-cooled warehouse for temperature-sensitive operations.
Where is this flex space located?
The property is located at B105-1940 W Elliot Rd Gilbert, AZ.
What is the lease rate?
The lease rate is $4,214/Mo.
What are key features of this property?
This property features: Fully built‑out industrial flex space with fully air‑conditioned offices and an evap‑cooled warehouse for temperature‑sensitive operations; Lease ends June 30 (current tenant) with a 3‑year minimum lease requirement; Tenant open to subleasing an office and a small portion of the warehouse if a new lessee is interested
