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Property profile

4001 40Th St Phoenix, AZ 85040

OFF-MARKET
Distribution centers
96,723 SF
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Property summary

AI-generated overview

The Broadway Commerce Center, located at the southeast corner of Broadway Road and 40th Street in Phoenix's South Airport North of Roeser submarket, offers exceptional office and industrial space for lease. This prime location within the Enterprise Zone provides unparalleled access to major freeway systems, including SR-153, SR-143, US-60, AZ-202, and I-10, ensuring seamless transportation throughout the Valley. The property boasts a total of 96,723 square feet, with flexible spaces available ranging from a minimum of 1,122 square feet to a maximum contiguous space of 7,601 square feet. Currently, 8,723 square feet is vacant and ready for immediate occupancy. The building features newly renovated suites and ample parking with a 3.3 spaces per 1,000 square feet ratio. Benefit from prominent building and monument signage opportunities. The property is zoned C-2 by the City of Phoenix, offering versatility for various business types. Its proximity to Sky Harbor International Airport further enhances its appeal. This is a rare opportunity to secure high-quality space in a strategic location with excellent freeway access and modern amenities. Multiple tenancy options are available.

Property profile

Verified
Property type Distribution centers
Total area 96,723 SF

Cap rate & NOI

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

Location

4001 40Th St Phoenix, AZ 85040
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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