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Property profile & analytics
FOR LEASE
Auto shops

3045 S 43Rd Ave Phoenix, AZ 85009

7,200 SF 10.86 ac lot Built 1979
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US07-0966464
Property summary
AI-generated overview

This exceptional Phoenix industrial property encompasses ±39,941 square feet of building space situated on ±7.86 acres of land. The property features two buildings, including a ±22,178 square foot main truck terminal, a ±9,223 square foot office area, and a ±12,955 square foot dock area with 64 dock-high doors. Additionally, there's a ±7,100 square foot partially enclosed shop building with eight bays. The site boasts extensive paved areas, providing ample space for operations. Specifically, there are 145 trailer parking spaces and 60 tractor spaces. The property benefits from multiple points of ingress and egress, ensuring efficient traffic flow. An underground diesel tank is also present on the site. The high ceilings provide ample clear height for various uses. The zoning, A-1, City of Phoenix, permits outdoor storage, adding to the property's versatility. The property's location in a highly desirable Phoenix logistics submarket makes it an attractive opportunity for businesses seeking a strategic location. The Assessor's Parcel Number (APN) is 105-45-001N. The property is divisible, offering flexibility for single or multiple tenants.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1979
Construction STEEL FRAME
Total area 7,200 SF
Lot 10.86 ac (473,062 SF)
Zoning code A-1
APN 105-45-001N
UPID US07-0966464
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
  • Reddaway Trucking Company
  • US F Bestway Transportation Trucking Company
  • Outpost Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.05M
Blend (final) Blend
$3.05M
Owner & transaction history
Gpss 3045 S 43rd Ave Owner LLC · 2 yrs held
Gpss 3045 S 43rd Ave Owner LLC
since 2024
7 recorded transactions
2024
Price N/A
2024
$9.9M
2020
Price N/A
2019
Price N/A
2017
Price N/A
2015
Price N/A
1969
Price N/A
Zoning & alternative use
A-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.7M +107.1%
Restaurant $3.8M +67.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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