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Property profile & analytics
OFF-MARKET
Warehouses

2326 Washington St Phoenix, AZ 85034

4,560 SF 0.46 ac lot Built 1945
Property ID
Property summary
AI-generated overview

This exceptional 4,560-square-foot industrial property, located at 2326 E Washington Street in Phoenix, Arizona (85034), presents a unique leasing opportunity. Situated on a 0.46-acre lot (20,000 square feet), this single-tenant building boasts a Class C rating and underwent extensive renovations in 2023. The building features a 14-foot clear ceiling height, three 10' x 10' roll-up doors, and evaporative coolers. Ample parking is provided with 12 spaces. The property includes a fenced yard and monument signage, enhancing visibility and accessibility. Power is supplied by a robust 600-amp service. The zoning is A-1, Phoenix, and the property is conveniently located in the North Airport submarket, near the intersection of E Washington Street and N 24th Street. Built in 1945, this free-standing building is ideal for a variety of uses, including manufacturing, processing, extraction, infusion, and other cannabis-related businesses (subject to obtaining the necessary state license and special use permit, which are already in place). The asking lease rate is $1.50 per square foot per month, triple net. The APN is 115-01-021L. This property offers a blend of functionality and modern upgrades in a prime Phoenix location. Don't miss this chance to secure this versatile industrial space.

Property profile
Verified
Property type Warehouses
Year built 1945
Total area 4,560 SF
Lot 0.46 ac (20,038 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
  • Father & Son Granite LLC Kitchen & Bath Showroom Hardware & Home Improvement
  • Desert Filter Connection Big Box & Wholesale Store
  • JVC Auto Warehouse & Storage
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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