Bldg 1&2 1840-1860 W Sherman St

12,920 SF Industrial Building Phoenix, AZ 85007 $2,520,000 ($195/SF)

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)

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
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Expedited Delivery,Inc. Transportation and Warehousing - - Lorem Ipsum Jan 0000

PROPERTY TAXES

ZONING

Zoning Code C-3 (General Commercial)
  • Listing ID: 34617792

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 1840-1860 W Sherman St, Phoenix, AZ 85007