5002 40Th St Phoenix, AZ 85040
- Warehouses
- 23,440 SF
- 6.49 lot acres
Current Use by Public Records
- Navis Pack & Ship / Freight Forwarding Service / Logistics Service
- Ultimate Computers & Networking / Professional Services / Computer Store
- Ecoview Windows & Doors / Window Installation Service
- United Safety / Safety Equipment Supplier
- PIRTEK / Hydraulic Repair Service
Property Details for 5002 40Th St
- Year built
- 1981
- Lot size
- 6.49 lot acres
- Property size
- 23,440 SF
- Zone code
- IND.PK.
- Property type
- Warehouses
- APN
- 122-74-009P
- APU
- 12274009P
Description
This exceptional industrial property, the South 40 Commerce Center, offers a prime location in Maricopa County's South Airport North of Roeser Ind submarket. The 40,000 square foot facility, built in 1976, features multiple tenancy options, with a minimum divisible space of 2,080 square feet and a maximum contiguous space of 5,353 square feet. Currently, 17,077 square feet is available for lease. The building boasts a robust metal construction, providing durability and longevity. Tenants will benefit from three loading docks, dedicated truckwells, and a large fenced yard, ideal for secure storage and efficient operations. The property's strategic location at the intersection of 40th Street and Roeser Road provides immediate access to Interstate 10 and Sky Harbor International Airport, ensuring seamless transportation and logistics. Monument signage is also available, offering excellent visibility and branding opportunities. This is an exceptional opportunity for businesses seeking flexible, well-equipped industrial space in a highly desirable location. Contact us today to learn more about leasing options and explore the possibilities this property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,895,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $11,170,000
- 6.5%
- $12,070,000
- 7%
- $10,835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $10,780,000
- Geo Method
- $12,805,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $12,045,000
- Retail
- $9,600,000
- Mixed-Use
- $11,855,000
- Hospitality
- $11,150,000
- Educational
- $10,675,000
- Residential Income
- $11,435,000
- Energy
- $11,565,000
- Income-Based Land
- $11,895,000
- Food Service
- $9,600,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.997
- Latitude
- 33.4017
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
