Property profile

15905-15915 48Th St Phoenix, AZ 85048

OFF-MARKET
Warehouses
58,821 SF
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Property summary

AI-generated overview

This exceptional Phoenix, Arizona industrial property, known as Ahwatukee 48, offers a range of flexible spaces ideal for various businesses. Located at 15905-15915 S. 46th St and 15920-15930 S. 48th St, in the 85048 zip code, this Maricopa County property boasts a total of 58,821 square feet. Currently, there is 9,739 square feet of vacant space available, divisible into units ranging from approximately 3,843 to 5,896 contiguous square feet. The property is classified as industrial, with subtypes including flex, warehouse, light industrial, commercial, and healthcare-medical uses. Multiple tenants are accommodated. The property features ample parking, with a ratio of 4.25 spaces per 1,000 square feet. This move-in ready space is conveniently located with easy access to I-10 and Loop 202 via Chandler Boulevard, providing excellent freeway access. The surrounding area offers a wealth of amenities, including popular restaurants (Arriba Mexican Grill, VaBene, Spinato's Pizzeria, RA Sushi), entertainment (AMC Ahwatukee 24), fitness options (LA Fitness), and grocery stores (Trader Joe's, Sprouts). The lease rate is $16 per square foot, NNN.

Property profile

Verified
Property type Warehouses
Total area 58,821 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15905-15915 48Th St Phoenix, AZ 85048
Phoenix metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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