2229 Magnolia St Phoenix, AZ 85034
This exceptional 40,164-square-foot industrial property, located in the desirable Sky Harbor submarket, offers a versatile warehouse and distribution space ideal for various businesses. The single-story building, constructed in 1974, boasts a 24-foot clear ceiling height, providing ample room for storage and operations. The property features three double dock-high doors and two drive-in doors, ensuring efficient loading and unloading. With 800 amps of power readily available, this space is well-equipped to handle significant energy demands. The building also includes 4,000 square feet of air-conditioned office space, providing comfortable administrative areas. Parking is ample, with 50 spaces available for employees and visitors. The property is zoned A-2 and offers excellent freeway access, situated just 2.8 miles from Sky Harbor Airport, providing unparalleled logistical advantages. The entire building is currently vacant and available for lease, with a minimum divisible space of 12,333 square feet and a maximum contiguous space of 27,830 square feet. The property is situated on Magnolia, with convenient access to 24th Street. This is a prime opportunity to secure a well-located, functional industrial space in a thriving market.
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Aaron Portable Toilet Rental Building Supply
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Concordance Healthcare Solutions Distribution Center Logistics Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.