3726 Roanoke AvePhoenix, AZ 85009

Property Details for 3726 Roanoke Ave

Year built

1981

Construction

CONCRETE

Lot size

1.36 AC

Property size (Sq ft)

9,280 SF

Zone code

IND.PK.

Property type

Office buildings

APN

108-11-028

APU

10811028

Description

This exceptional Phoenix industrial property, located at 3726 W Roanoke Ave, 85009, offers a total of 40,182 square feet of versatile flex, warehouse, and distribution space. Currently fully occupied, this Class C building boasts multiple tenancies, providing a diverse income stream. Constructed in 1982, the property features a desirable 16-foot ceiling height, ideal for various industrial uses. The building is equipped with 3-phase power, catering to businesses with significant energy demands. The zoning designation is IP, allowing for a range of industrial operations. Individual unit sizes range from approximately 1,152 to 1,200 square feet, offering flexibility for tenants. This property presents a strong investment opportunity in a prime Phoenix location, benefiting from excellent access to major transportation routes. The modified gross lease structure simplifies management and provides predictable income. The property's full occupancy underscores its desirability and strong market position within the competitive Phoenix industrial real estate sector. This is a rare opportunity to acquire a well-maintained, fully-leased industrial property in a thriving Arizona market. The property's size and features make it suitable for a variety of businesses seeking efficient and functional space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,444,030

  6.5%

  $1,332,951

  7%

  $1,237,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,430,512

  Geo Method

  $1,430,512

• Alternative Use

  Use

  Valuation

  Residential

  $1,652,859

  Hospitality

  $1,514,010

  Educational

  $1,259,639

  Medical

  $1,302,960

  Retail

  $1,959,438

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4793

Longitude

-112.14

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].