330 South 75th Ave
73,791 SF | 100% Leased | Industrial Building | Phoenix, AZ 85043 | $13,000,000 ($176/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $13,000,000
- Property Type
-
Industrial
- Price / Square Foot
- $176
Listing Contacts
Chris Marchildon
Verified Profile
CJ Osbrink
Verified Profile
- Property Info
Property Overview
Newmark, as an exclusive advisor, is honored to present the opportunity to acquire the fee-simple interest in 330 S 75th Ave (the “Property”), a one-of-a-kind owner/user or investor opportunity in the heart of Phoenix’s Southwest Valley industrial market. This unique offering includes 4 freestanding warehouse structures totaling ±73,791 SF positioned upon ±10.6 acres of premier industrial land. The property features heavy industrial zoning, 5+ acres of outdoor secured storage area and two Union Pacific rail spurs (one active). The property is currently occupied by 3 tenants with in-place rents that are ±50% below market and a landlord right to terminate each lease within 120 days’ notice. 330 S 75th Ave presents an excellent opportunity for an owner-user or investor to purchase a highly desirable infill industrial property in a mature and thriving area.
Property Details
- Class
- C
- Year Built
- 1978
- Stories
- 1
- Property Subtype
- Distribution
- Lot Size (sq. ft)
- 460,865 SF
Highlights
- Extremely Rare, RAIL-SERVED Industrial property With Large Secured Yard Area in Prime Location
- Attractive Owner-User Investment Opportunity
- One-of-a-Kind Industrial Facility
- Logistic Oriented Location
- Maricopa “County Island” With Heavy Zoning
Nearby Properties
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