For Sale
$4,200,000

3828 28Th Ave Phoenix, AZ 85017

38,800 SF Warehouse, NNN Lease, Quick Sale

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 38,800-square-foot industrial warehouse ideally situated in Phoenix, Arizona, at 3828 N 28th Ave, 85017, within the Eaton Airhaven area. The property, classified as Class C, boasts a desirable A-1 zoning permit and sits on an 82,764-square-foot lot. Currently leased to Shooters World, a well-established tenant, under a triple-net (NNN) lease expiring March 30, 2027, offering a remaining lease term of 2.5 years. The asking price is $4,200,000, translating to $108.25 per square foot. Built in 1968, this two-story building features an 18-foot clear ceiling height, two loading docks, and ample parking for 20 vehicles. The property benefits from convenient access to major freeways, including I-17 and US-60, ensuring excellent accessibility for both the tenant and potential future occupants. The warehouse includes essential amenities such as three-phase power and air conditioning. This is a compelling investment opportunity due to the strong tenant, long-term lease, and strategic location within a high-demand industrial area. The property's features and location contribute to its potential for continued growth and strong returns. This is an absolute NNN leased estate sale, priced for a quick sale.

Highlights

  • Triple-Net (NNN) Lease; Estate Sale Pricing.
  • Right of First Refusal.
  • Air-Conditioned Warehouse.
  • Three-Phase Power.
  • Leased to Shooter's World, a reputable firearms training facility with multiple locations in the Phoenix metro area.
  • Excellent I-17 and US-60 freeway access.

Property Details for 3828 28Th Ave

Property type
Warehouses, Industrial properties
Square Feet
38,800 SF
Class
C
Year Built
1968
Stories
2

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4920581
Longitude
-112.119558

FAQs

What type of property is this?
Warehouse - 38,800 SF Warehouse, NNN Lease, Quick Sale
Where is the warehouse located?
The property is located at 3828 28Th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Triple-Net (NNN) Lease; Estate Sale Pricing.; Right of First Refusal.; Air-Conditioned Warehouse.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3828 28Th Ave
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