I-10 & 20th St, Industrial Warehouse, Auto Repair

Listing was updated at: 01/20/2020
Property Overview
Price/Rent PSF $ 649,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 10,074
Date Available 01/20/2020
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Floors 1
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Phoenix location characteristics

Subject Property Location
The subject property is located at 2008 E Monroe Street in the City of Phoenix, Maricopa County, Arizona. The subject property is in the Airport Industrial corridor and is a good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is good in redevelopment in terms of retail, 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 on 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.

Drive By Only, Do Not Bother Tenants! Zoned C-3, this property is perfect for manufacturing, industrial or auto use of all kinds, . Heavy power, Building #1: 5,360 sf with 12' x 12' roll doors; Building #2: 750 sf auto repair, steel structure, metal building. roll doors, 2 lifts. Also includes 3,604 sf of covered storage. Perfect for a growing manufacturing, warehouse or auto-related business.