Bldg 1&2 1840-1860 W Sherman St
12,920 SF Industrial Building Phoenix, AZ 85007 $2,520,000 ($195/SF)
![1840-1860 W Sherman St, Phoenix, AZ for sale - Building Photo - Image 1 of 3](https://images1.loopnet.com/i2/zzU_xEFfebF9sIJ6w_sZLZt1ijsADFawyx0cIMquavI/110/1840-1860-W-Sherman-St-Phoenix-AZ-Building-Photo-1-Large.png)
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INVESTMENT HIGHLIGHTS
- Brand new 24ga steel sheeting and insulation installed on entire exterior of the structure by the leading steel building company in the valley.
- Secure 6’ CMU with iron fencing cap fully screening surrounding the property for great security.
- 520SF conditioned office/reception area build out with quick access from the parking lot and (2) attached bathrooms.
- (3) new large rolling gates for easy yard access and secure parking.
- Rear alleyway was gated in coordination with City of Phoenix so there is no unauthorized foot or driving traffic present.
- New ADA ramp and concrete leveling corrections on apron and building connections.
EXECUTIVE SUMMARY
Broker of Record
Simon Assaf
License No. CO701910000 (AZ)
Simon Assaf
License No. CO701910000 (AZ)
PROPERTY FACTS
Price | $2,520,000 |
Price Per SF | $195 |
Sale Type | Investment |
Property Type | Industrial |
Property Subtype | Distribution |
Building Class | B |
Lot Size | 1.17 AC |
Rentable Building Area | 12,920 SF |
No. Stories | 1 |
Year Built/Renovated | 1981/2024 |
Tenancy | Single |
Clear Ceiling Height | 13’ |
No. Drive In / Grade-Level Doors | 2 |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Expedited Delivery,Inc.
- Transportation and Warehousing
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TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Expedited Delivery,Inc. | Transportation and Warehousing | - | - | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $5,883 | Total Assessment | $113,938 |
ZONING
Zoning Code | C-3 (General Commercial) |