Map of Property

1011 - 1021 N 21st Ave

For Sale

1011 - 1021 N 21st Ave, Phoenix, AZ 85009

This Phoenix property for sale is located at 1011 - 1021 N 21st Ave. The current listed sale price for 1011 - 1021 N 21st Ave is $2,295,000. 1011 - 1021 N 21st Ave is situated on a lot that is 0.63 acre in size.

Contacts

broker
Landon McKernan

Levrose Commercial Real Estate

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 18,700 SF
  • Units 3
  • Lot Size 0.63 Acre
  • Date Updated Mar 7, 2025
  • HVAC None
• 100% leased - NNN leases • Block construction • Multi-tenant building (3 suites) • ±12-18’ clear height • Dock and grade level loading (4 grade, 2 dock high) • Rail access • LED lighting • Located near I-17 and I-10 freewaysLevRose Commercial Real Estate is pleased to present the opportunity to acquire this multi-tenant NNN investment opportunity at 1011 - 1021 N 21st Ave in Phoenix, AZ. This ±18,700 SF industrial building sits on ±0.63 acres and is 100% leased, offering minimal landlord responsibilities with the NNN leases. The property features block construction, dock and grade-level loading, rail access, LED lighting, and clear heights ranging from 12’ to 18’, making it a desirable asset in the booming Phoenix industrial market. With annual rent increases of 4%, strong lease terms, and a sale price of $2,295,000 ($123/SF) at a 7.21% cap rate in year one, this investment provides stable cash flow and long-term appreciation potential in a high-demand location near I-17 and I-10 freeways.
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Getting around

  • 33/100

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  • 42/100

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  • 42/100

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Location

  • City Phoenix, AZ
  • Neighborhood Central City
  • Zip Code 85009
  • Market Phoenix

Points of Interest

  • SRB Limo LLC

    1.62 miles

  • Roosevelt/Central

    1.73 miles

  • Van Buren/ 1st Ave

    1.73 miles

  • McDowell/ Central Ave

    1.79 miles

  • Van Buren/ Central Ave

    1.79 miles

  • Jefferson/ 1st Ave

    1.82 miles

  • Washington/ Central Ave

    1.86 miles

  • Encanto/ Central Ave

    2.03 miles

  • 3rd St/ Washington

    2.05 miles

  • 3rd St/ Jefferson

    2.17 miles

  • Musket Corporation

    0.24 miles

  • Flyers Energy Supply Center

    0.56 miles

  • Circle K

    0.62 miles

  • Petro Stop

    0.79 miles

  • ADOA Fleet Fuel Station

    1.14 miles

  • ChargePoint

    1.15 miles

  • Chevron

    1.56 miles

  • QuikTrip

    1.69 miles

  • Blink

    1.80 miles

  • Enterprise

    0.66 miles

  • Fermin's Automotive Detailing

    0.93 miles

  • Clean Freak Car Wash

    1.28 miles

  • A&E Car Wash & Full Detail

    1.99 miles

  • Quick Quack Car Wash

    2.64 miles

  • Drive Time

    3.49 miles

  • Monte Vista Car Wash

    3.52 miles

  • Clean Freak

    3.57 miles

  • Hertz

    3.63 miles

  • Dino's Car Wash

    3.71 miles

  • El Zaguan Bistro Flavors of Mexico

    0.42 miles

  • Mel's Diner

    0.49 miles

  • Irma's Kitchen LLC

    0.58 miles

  • Jack in the Box

    0.59 miles

  • Taqueria El Chino

    0.61 miles

  • Phoenix Hibachi House

    0.61 miles

  • La Cocina De Doña Lola

    0.61 miles

  • Tacos Los Primos

    0.62 miles

  • Art's All American Cafe

    0.65 miles

  • Asadero Toro

    0.65 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Landon McKernan

Levrose Commercial Real Estate

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