21602 Central Ave Phoenix, AZ 85024-5106
This Phoenix industrial property, located at 21602, 21616 & 21628 North Central Ave, offers a total of 16,480 square feet of versatile space, ideal for manufacturing, warehousing, or distribution. Currently, 6,180 square feet is available for lease, divided into three separate suites. The building, constructed in 1986, boasts a 12-foot ceiling height, providing ample room for storage and operations. The property is zoned A-1 by the City of Phoenix and situated within the desirable Deer Valley/Pinnacle Peak Industrial submarket of Maricopa County, Arizona. Ample parking is available with 86 total spaces. This multi-tenant building presents a unique opportunity for businesses seeking flexible and functional industrial space in a prime Phoenix location. The property's address is conveniently located in the 85024 zip code. Interested parties should inquire about the available suite sizes and lease terms. The property offers a strategic location within a thriving industrial area, providing easy access to major transportation routes and supporting infrastructure. This is an excellent opportunity to establish or expand your business in a well-established and sought-after industrial submarket.
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The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
A-1 · Phoenix, AZThe purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.