LocationSubject Property Location
The subject property is located at 4313-4319 E University Drive in the City of Phoenix, Maricopa County, Arizona. The subject property is located South of the Airport Appeal of the area is very good and in redevelopment in terms of commercial and industrial use. The subject benefits from busy commuter and local traffic along University Drive.
Metro Phoenix Location
The Metro Phoenix area is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey.
LeaseSUBLEASE available to 5/31/2022, then new lease. NNN lease: Vehicle, Auto, Motorcycle, Specialty Use property 2.2 miles south of Sky Harbor Airport; 0.37 acres has 2 buildings: 1,250 and 2,000 sf respectively. Zoned Light Industrial, Offices, parts warehouse and auto repair bays. Contains heavy power, 200 Amp, 3-Phase. Over 4,000 sf of outside covered canopy behind the buildings.
Property Taxes in 2021 are $6,403 ($534/mon). (Note: Tenant moved to larger space, in the process of moving out).
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.