1011 - 1021 N 21st Ave

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

  • For Sale $2,295,000
  • 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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Contacts

broker

Levrose Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent
  • Transit Score ®

    42/100 Some Transit
  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Arizona State Fair Parking

    0.64 miles

  • State of Arizona parking structure

    0.69 miles

  • Arizona State Fair Parking Lot A - South

    0.74 miles

  • Arizona State Fair Parking Lot B - North

    0.95 miles

  • Arizona State Fair Parking Lot C - West

    0.96 miles

  • Rusty Spoke Parking

    1.00 miles

  • Arizona State Fair Vendor Parking

    1.07 miles

  • Arizona Department of Education Visitor Parking

    1.08 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

  • Food City

    0.98 miles

  • Inter Produce

    1.13 miles

  • America's Produce

    1.81 miles

  • Phoenix General

    1.92 miles

  • Fry's Food and Drug

    1.98 miles

  • Safeway

    2.17 miles

  • Sprouts Farmers Market

    2.27 miles

  • Latino Market

    2.61 miles

  • dd's Discounts

    2.79 miles

  • Marvel on McDowell

    3.11 miles

  • Phoenix Fire Department - Station 3

    0.78 miles

  • Phoenix Fire Department - Station 14

    1.41 miles

  • PSI/Physician Services Inc

    1.42 miles

  • DNA Paternity Centers

    1.44 miles

  • City of Phoenix Police Department Headquarters

    1.44 miles

  • Encanto Park Clubhouse

    1.49 miles

  • Phoenix Fire Department - Station 10

    1.50 miles

  • Phoenix Fire Department - Station 1

    1.52 miles

  • Phoenix Fire Department - Station 4

    1.58 miles

  • Maricopa County Sheriff's Office Headquarters

    1.61 miles

Frequently Asked Questions

How much does 1011 - 1021 N 21st Ave cost?

The space currently listed for sale at 1011 - 1021 N 21st Ave asks for $2,295,000.

What is the total square footage of 1011 - 1021 N 21st Ave?

1011 - 1021 N 21st Ave totals 18,700 square feet.

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Contact Listing Broker
broker

Levrose Commercial Real Estate

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