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Airport 40 - Building 2

Off-Market

3030 South 40th Street, Phoenix, AZ 85040

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 108,800 Sqft
  • Lot Size 17.62 Acre
  • Parking Spaces Avail. 162
  • Parking Ratio 1.49/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2020

Location

  • City Phoenix, AZ
  • Neighborhood Central City
  • Zip Code 85040
  • Market Phoenix

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Phoenix

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Phoenix Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.67
  • 2020 Office Vacancy Rate 20.66%
  • 2020 Office Completions (Sqft) 475,417

Phoenix Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $128.17
  • Y-o-Y Avg. PpSF Change -19.37%
  • 2020 Office Sales Volume $209.1M
  • 2020 Number of Transactions 28
View more Phoenix market trends

Tax

  • Property Tax in 2020 $160,939
  • Market Value $10,465,000
  • Assessed Value $10,465,000

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Airport 40 - Building 2?

Airport 40 - Building 2 totals 108,800 square feet.

When was this property built?

Airport 40 - Building 2 was built in 2020.

What is the property tax for Airport 40 - Building 2?

The property tax for Airport 40 - Building 2 in 2020 was $160,939.

What is the market value for Airport 40 - Building 2?

The market value for Airport 40 - Building 2 in 2020 was $10,465,000.

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