834 Hammond Ln, Phoenix, AZ 85034
2 Industrial Properties Offered at $22,074,000 in Phoenix, AZ
For Sale
Active
Asking Price $22,074,000
- Property Type
-
Industrial
Listing Contacts
- Property Info
Property Overview
STANDALONE INDUSTRIAL/MANUFACTURING PORTFOLIO W/ ATTRACTIVE SELLER FINANCING AVAILABLE | PHOENIX, AZ
* The MarLam Industries Manufacturing Portfolio consists of two (2) fully leased industrial/manufacturing buildings with heavy power and (A-2) zoning in the heart of Phoenix. For more than 35 years, MarLam Industries has been one of the Southwest’s largest manufacturers of laminate and cultured marble tops and tubs; and fabricators of Corian and granite kitchen and bath countertops.
* 2435 S. 10th St. is an extremely functional, standalone manufacturing facility with heavy power (2,000 amps/3-phase) and highly desirable secured yard areas. The concrete tilt building offers users an ideal warehouse (90%) & office (10%) breakdown, along with ample clear height (±24’) throughout the warehouse area and 11 grade-level loading doors.
* 834 E. Hammond Ln. is a functional, standalone manufacturing facility with heavy power (1,800 amps/3-phase) and highly desirable secured yard areas. The masonry building offers users an ideal warehouse (91%) & office (9%) breakdown, along with ample clear height (±20’) throughout the warehouse area and 11 grade-level loading doors.
EXCEPTIONALLY STRONG MARKET FUNDAMENTALS
* Within Metro Phoenix, the Airport Area Industrial submarket stands out as one of the tightest industrial markets, boasting a vacancy rate of 3.5% as of 3Q23. Furthermore, the infill submarket benefits from an extreme lack of industrial land to develop. There’s currently only 276,063 SF under construction within a submarket of nearly 77 million SF. (CBRE Research)
* The industrial sector in greater Phoenix has consistently flourished, with positive net absorption recorded for the past 13 years despite significant construction activity. (CBRE Research)
* Availability for Single Tenant Industrial Buildings w/ Heavy Zoning in the Airport Area & Tempe is Extremely Tight | Out of the nearly 96 million SF of total inventory, there’s currently only 2 options with heavy zoning for single tenants between 40,000 and 60,000 SF. (Costar)
UNRIVALED LOCATION - METRO PHOENIX
* Located in the heart of Metro Phoenix, the building offers unmatched connectivity to the valley’s 5+ million population base. The proximity to major freeways and Arizona State University, recognized as the country’s most innovative school by U.S. News & World Report, provides users access to one of the nation’s strongest labor pools.
* Surrounded by six major freeways, including I-10, US-60, SR-143, SR-202, SR-101 and I-17, the property offers unparalleled connectivity, allowing for seamless travel throughout the metro area.
* The MarLam Industries Manufacturing Portfolio consists of two (2) fully leased industrial/manufacturing buildings with heavy power and (A-2) zoning in the heart of Phoenix. For more than 35 years, MarLam Industries has been one of the Southwest’s largest manufacturers of laminate and cultured marble tops and tubs; and fabricators of Corian and granite kitchen and bath countertops.
* 2435 S. 10th St. is an extremely functional, standalone manufacturing facility with heavy power (2,000 amps/3-phase) and highly desirable secured yard areas. The concrete tilt building offers users an ideal warehouse (90%) & office (10%) breakdown, along with ample clear height (±24’) throughout the warehouse area and 11 grade-level loading doors.
* 834 E. Hammond Ln. is a functional, standalone manufacturing facility with heavy power (1,800 amps/3-phase) and highly desirable secured yard areas. The masonry building offers users an ideal warehouse (91%) & office (9%) breakdown, along with ample clear height (±20’) throughout the warehouse area and 11 grade-level loading doors.
EXCEPTIONALLY STRONG MARKET FUNDAMENTALS
* Within Metro Phoenix, the Airport Area Industrial submarket stands out as one of the tightest industrial markets, boasting a vacancy rate of 3.5% as of 3Q23. Furthermore, the infill submarket benefits from an extreme lack of industrial land to develop. There’s currently only 276,063 SF under construction within a submarket of nearly 77 million SF. (CBRE Research)
* The industrial sector in greater Phoenix has consistently flourished, with positive net absorption recorded for the past 13 years despite significant construction activity. (CBRE Research)
* Availability for Single Tenant Industrial Buildings w/ Heavy Zoning in the Airport Area & Tempe is Extremely Tight | Out of the nearly 96 million SF of total inventory, there’s currently only 2 options with heavy zoning for single tenants between 40,000 and 60,000 SF. (Costar)
UNRIVALED LOCATION - METRO PHOENIX
* Located in the heart of Metro Phoenix, the building offers unmatched connectivity to the valley’s 5+ million population base. The proximity to major freeways and Arizona State University, recognized as the country’s most innovative school by U.S. News & World Report, provides users access to one of the nation’s strongest labor pools.
* Surrounded by six major freeways, including I-10, US-60, SR-143, SR-202, SR-101 and I-17, the property offers unparalleled connectivity, allowing for seamless travel throughout the metro area.
Highlights
- STANDALONE INDUSTRIAL/MANUFACTURING PORTFOLIO W/ ATTRACTIVE SELLER FINANCING AVAILABLE | PHOENIX, AZ
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