Auto Related Industrial Property, Van Buren

Listing was updated at: 01/20/2020
Property Overview
Price/Rent PSF $ 473,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 2,612
Date Available 01/20/2020
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Parking 30
Floors 1
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Phoenix location characteristics

Subject Property Location
The subject property is located at 2011 E Van Buren Street in the City of Phoenix, Maricopa County, Arizona. The subject property is in a general industrial area and is a good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is good and in redevelopment in terms of commercial and residential use. The subject benefits from busy commuter and local traffic along Van Buren Street. The area is anticipated to experience growth in the foreseeable future due to its location near the light rail corridor. Cities along the light rail are now allowing new ‘Walkable Urban’ zoning, with generally allows up to 5 stories in new construction along the light rail corridor.

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.

This property features a C-3 zoned 2,612 sf building on 0.54 +/- acres; Has been used for manufacturing and auto related business. Heavy power, 3 phase, 208 volts, Office and warehouse, (3) offices, parts room, (2) rest rooms, not ADA, Metal building, rollup door, great visibility. Traffic on Van Buren Street is 15,100 cars/day.