15905-15915 48Th St, Phoenix, AZ 85048
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.