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Property profile & analytics
OFF-MARKET
Warehouses

2229 Magnolia St Phoenix, AZ 85034

40,164 SF Built 1974
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1974
Total area 40,164 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aaron Portable Toilet Rental Building Supply
  • Concordance Healthcare Solutions Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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