14647 50Th St Phoenix, AZ 85044

This exceptional 134,713-square-foot, Class A industrial flex property in Phoenix, Arizona, presents a compelling investment opportunity. Comprising three single-story buildings on a 10.01-acre lot, the property boasts 100% occupancy with ten diverse tenants, enjoying a weighted average lease term of approximately 3.5 years. Built in 1999, the complex features 33 loading docks, 18-foot clear heights, and flexible floor plates ranging from 70 to 120 feet deep, catering to a variety of industrial and flex uses. The property benefits from a prime location at the intersection of I-10 and Loop 202, providing excellent freeway access and visibility, serving a population exceeding 2.16 million within a 30-minute radius. Ample parking is available (524 spaces per 1,000 sq ft). Current rents are significantly below market value, offering substantial upside potential through lease renewals and adjustments to market rates. The property is zoned CP/GCP and features a mix of warehouse and showroom space (approximately 47% warehouse/showroom and 53% flex space). Located in the thriving Ahwatukee area, known for its upscale amenities and proximity to a highly skilled workforce, this property is ideally positioned to capitalize on the strong demand for industrial space in Phoenix's "Silicon Desert." The property's strong tenant base, favorable lease terms, and strategic location make it an attractive investment with significant long-term growth prospects. APN: 301-84-882.