5002 40Th StPhoenix, AZ 85040

  • Warehouses
  • 23,440 SF
For Lease
$13.80/SF/YR View listing

Property Details for 5002 40Th St

Year built
1981
Lot size
6.49 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,174,895
    Hospitality
    $3,824,181
    Educational
    $3,181,674
    Medical
    $3,291,096
    Retail
    $4,949,270

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4017
Longitude
-111.997
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$87,279
-
-
$1,248,671
-
$1,951,900
$5,615,800
$7,567,700

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