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    Property profile & analytics
    OFF-MARKET Estimated value $13,840,000
    Flex space

    16681 84th Ave, Peoria, AZ 85382-4782

    54,455 SF 4.63 ac lot Built 2001
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US07-3443037
    Property summary
    AI-generated overview

    This exceptional sublease opportunity presents a 12,710 square foot warehouse space ideally situated at the intersection of West Bell Road and the 101 freeway. Its prime location offers unparalleled visibility, being only half a block from the 101 with unobstructed freeway signage potential. The warehouse boasts a 20-foot interior ceiling height, providing ample vertical space for storage and operations. The functional layout includes a reception area, a dedicated training room, private offices or storage spaces, and a large open warehouse area. Three roll-up doors and one loading dock ensure efficient loading and unloading operations. Adding to its appeal, the entire space is fully air-conditioned, creating a comfortable and productive work environment. The building itself is a single-story structure, built in 2001, and sits on a 4.63-acre lot. The entire industrial building totals 55,455 square feet, with this sublease representing a significant portion. This is a rare chance to secure a high-visibility, well-equipped warehouse in a highly desirable location.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 2001
    Construction CONCRETE
    Total area 54,455 SF
    Lot 4.63 ac (201,854 SF)
    Zoning code PAD
    APN 200-54-943
    UPID US07-3443037
    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
    • AC Pro Hardware & Home Improvement HVAC Service
    • Arizona Element Elite Cheer Gym & Fitness Center
    • Xperience Entertainment Inc. Marketing & Advertising Event Planning
    • The Rock Church Peoria Church
    • Commercial Synthetic Grass Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $13.84M
    Blend (final) Blend
    $13.84M
    Owner & transaction history
    First Arrowhead Commerce Center LLC · 13 yrs held
    First Arrowhead Commerce Center LLC
    since 2013
    5 recorded transactions
    2023
    2013
    $15,800
    2012
    $16.1M
    2004
    $7.0M
    1969
    Zoning & alternative use
    PAD · Peoria, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $22.4M +304.9%
    Neighborhood: shopping center $20.8M +275.1%
    Medical building $13.2M +138.1%
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