3050 35Th St Phoenix, AZ 85034
This exceptional ±9.4-acre redevelopment opportunity in Phoenix, Arizona, presents a unique chance to capitalize on a prime location near Sky Harbor Airport. The property boasts an existing 94,267 square foot building constructed in 1993, featuring a 14-foot clear height. This single-story structure sits on a 9.4-acre lot (approximately 409,605 square feet) and is currently vacant, with an occupancy date of June 26, 2024. The site benefits from its strategic location at the intersection of I-10 and University Drive, providing immediate access to major transportation arteries. A full diamond interchange ensures multiple ingress and egress points, enhancing logistical efficiency. The property also enjoys frontage on University Drive. Zoned A-2 Heavy Industrial by the City of Phoenix, the site is subject to Southbank Association uses and design guidelines. The property includes parcels 122-03-021B, 122-03-022, 122-03-024, 122-03-025, and 122-03-026. Its designation as an Opportunity Zone further enhances its investment appeal. This property is classified as Class B, multi-tenant, and is suitable for distribution, flex, and manufacturing uses. The address is 3050 S 35th St, Phoenix, AZ 85034.
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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
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No recorded transactions found for this property.
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Risks
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