This NNN Single Tenant Industrial Property offers a 7,800 SF fully occupied building, zoned A-1 by the City of Phoenix. With a long-term industrial tenant lease in place until April 1, 2030, and additional billboard income secured until December 31, 2026, this property provides a reliable investment with a competitive cap rate of 6%. Situated in an Opportunity Zone and boasting a fully fenced yard, this property offers excellent access to the Loop 202 and I-10 freeways.
The median home value in Phoenix, AZ is $413,000. This is lower than the county median home value of $456,600. The national median home value is $338,100. The average price of homes sold in Phoenix, AZ is $413,000. Approximately 52.06% of Phoenix homes are owned, compared to 40.81% rented, while 7.13% are vacant. Phoenix real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Phoenix real estate agent to arrange a tour today!
Phoenix, Arizona 85043 has a population of 1,591,119. Phoenix 85043 is less family-centric than the surrounding county with 30.89% of the households containing married families with children. The county average for households married with children is 31.17%.
The median household income in Phoenix, Arizona 85043 is $64,927. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Phoenix 85043 is 34.1 years.
The average high temperature in July is 104.5 degrees, with an average low temperature in January of 43.2 degrees. The average rainfall is approximately 9.2 inches per year, with 0 inches of snow per year.