FULLY RENOVATED WAREHOUSE

1840 W Sherman St, Phoenix, AZ 85007
$2,450,000

Price Per SF
$190
Gross SQFT
12,920
Year Built
1981/R 2024
Property Type
Industrial

INVESTMENT HIGHLIGHTS

  • Brand new 24ga steel sheeting and insulation installed on entire exterior of the structure by the leading steel building company in the valley. Brand new weather tight envelope!
  • All new overhead roll up doors. All dock high, 2 have ramps for easy building access with equipment and vehicles. Includes 1/8” heavy angle iron for dock protection. (4) 12’x12’ (4) 12’x10’ (8) new steel exterior walk doors.
  • (3) new large rolling gates for easy yard access and secure parking.
  • Center parking area and storage/access yard on the West have brand new asphalt seal and striping for 10 parking spaces. Large storage yard on the east has new millings laid. All have new asphalt approaches.
  • Secure 6’ CMU with iron fencing cap fully screening surrounding the property for great security.
  • Rear alleyway was gated in coordination with City of Phoenix so there is no unauthorized foot or driving traffic present.
  • 520SF conditioned office/reception area build out with quick access from the parking lot and (2) attached bathrooms.
  • New ADA ramp and concrete leveling corrections on apron and building connections.
    • Brand New Utility Systems and Equipment:
    • (6) evap coolers located throughout warehouse.
    • New heat pump & condenser unit for office and restrooms.
    • (8) ridge vents.
    • New APS service- 240v/120v single phase 400amp service with future additional 200amp avail at SES.
    • New LED light fixtures through the warehouse, office, bathrooms, and building exterior. All with new wiring and occupancy sensors.
  • (2) bathrooms with brand new fixtures, doors, and instahot water heaters.
  • New private sewer line and 6” city sewer connection and tap.
  • New DG landscape areas with availability for future signage opportunity. All work was designed by licensed architects and engineers, completed by licensed contractors and permitted through City of Phoenix. Property is zoned C-3 and suitable for storage and warehouse occupancy.

Broker of Record

  • Simon Assaf
  • License No. CO701910000 (AZ)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 4110 N Scottsdale Rd Suite 100,
    Scottsdale, AZ 85251
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