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1929 W Lone Cactus Dr

30,906 SF 35% Leased Flex Building Phoenix, AZ 85027 $6,995,000 ($226/SF)

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Investment Highlights

Located on cross street of 19th Avenue and Lone Cactus Drive
APN: 209-06-132A
Power: 600a/277-480v 3p

Air conditioned warehouse
Drive Ins: 4
Parking spaces: 78

Executive Summary

Building well suited for owner occupant. 20,000 square feet of flex space is currently available for buyer to occupy. The total building square footage is 30,906 SF. The building has two tenants bringing in income of approximately $14,000 per month. Subject property sits on a 1.47 Acre lot with 78 parking spaces in the beautiful Deer Valley Airpark. TESLA is making a sizable investment into a new service center on the other side of the block from this property. TMSC is building a multi billion dollar chip facility only a few miles away. We've owned this building for over 20 years and operated our business here. We truly enjoyed the building and the area. After recently selling our company, it's time to move on into retirement.

Revised-Bldg-Sales-Brochure_2022

Property Facts

Price	$6,995,000	Rentable Building Area	30,906 SF
Price Per SF	$226	No. Stories	2
Sale Type	Investment or Owner User	Year Built/Renovated	1996/2023
Property Type	Flex	Parking Ratio	2.52/1,000 SF
Property Subtype	Light Distribution	Clear Ceiling Height	26 FT
Building Class	C	No. Drive In / Grade-Level Doors	4
Lot Size	1.47 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$6,995,000
Price Per SF	$226
Sale Type	Investment or Owner User
Property Type	Flex
Property Subtype	Light Distribution
Building Class	C
Lot Size	1.47 AC
Rentable Building Area	30,906 SF
No. Stories	2
Year Built/Renovated	1996/2023
Parking Ratio	2.52/1,000 SF
Clear Ceiling Height	26 FT
No. Drive In / Grade-Level Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.