Westech Business Center I

Off Market

4602 East Elwood Street, Phoenix, AZ 85040

  • Industrial
  • 143,940 Sqft

Westech Business Center I, Phoenix, AZ 85040 - Industrial Space

Westech Business Center I is located at 4602 East Elwood Street in the Central City neighborhood, AZ, Phoenix, 85040. The Class B Industrial building was completed in 1985 and features a total of 143,940 Sqft.

There are 30 industrial spaces for lease in the Central City neighborhood, totaling 731,270 Sqft of available industrial space. The industrial space availability for the 85040 zip code is 619,261 Sqft, in 27 industrial spaces. The average asking industrial rent per sq. ft. in Central City is $9.04/sqft/year. For Class A industrial buildings the average industrial rate is $13.92/sqft/year, for Class B industrial buildings the average industrial rate is $4.44/sqft/year, for Class C industrial buildings the average industrial rate is $5.88/sqft/year.

In Central City, there are 102 class B industrial buildings. In 1985, the same year Westech Business Center I was built, 496 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Phoenix, featuring 6,001,969 square feet of commercial space. At zip code level, there are 132 commercial properties, of which 97 are industrial buildings over 50,000 square feet.

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Details

  • City Phoenix
  • Neighborhood Central City
  • Zip Code 85040
  • Market Phoenix
  • Property Type Industrial
  • Property Size 143,940 Sqft
  • Lot Size 10.05 Acre
  • Parking Spaces Avail. 503
  • Parking Ratio 3.50/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Westech Business Center I?

Westech Business Center I totals 143,940 square feet.

When was this property built?

Westech Business Center I was built in 1985.

Central City Demographics

The average household income in zip code 85040 is $46,984, from a total of 10,007 households. In terms of employment, there are 68.49 % white-collar and 31.51 % blue-collar jobs in zip code 85040.

Population

  • Total Population43,781
  • Male Population(51.4 %) 22,502
  • Female Population(48.6 %) 21,279
  • Median Age30.20

Income/Financial

  • Average Household Income$43,013
  • Median Household Income$35,739
  • Median Income Under 25$29,167
  • Median Income 25-44$41,368
  • Median Income 45-64$39,549
  • Median Income Over 65$23,160