Description

±8,083 SF standalone industrial building situated on ±0.47 acres, available for sale just north of Phoenix Sky Harbor Airport. This centrally located asset offers excellent visibility along Washington Street and convenient access to Loop 202, SR-51, I-17, and I-10. The property is fully leased to PumpMan through September 2028. -Investment Highlights: •Fully leased to PumpMan through September 2028 •Current rent: $10,777.33/month NNN •Includes 3% annual rent escalations •3.5 years remaining on the lease term •Offered at a 6.15% cap rate

Property Documents

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2824 E Washington St_Brochure.pdf

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Listing Details

  • Cap Rate

    6.15%

  • Tenancy

    Single

  • Space Type

    Industrial

  • Sub Category

    Flex Space

  • Date Listed

    10/6/2025

  • Broker/Agent Co-op

    Yes

  • Investment Type

    Value Add

  • Net Operating Income

    $129,327

  • Ceiling Height / Slab to Slab

    15 Ft

Property Specifics

  • Property Name

    2824 E Washington St. Phoenix, AZ 85034

  • No of Buildings

    1

  • No of Stories

    1

  • Building Size

    8,083 SF

  • Lot Size

    0.5 Ac

  • APN

    121-65-124A, 121-65-122A, 121-65-120A

  • Zoning

    A-1