23320 N 18th Dr — Sale in Phoenix, AZ

  • Price: $4.1M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Phoenix, AZ 85027
  • Size: 11,533 SF

Investment Figures

Price per square foot
$356

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Multi-purpose industrial condo is situated close to the I-17 and 101 freeways boasting a spacious warehouse and comfortable, open office. The warehouse is fully sprinklered, insulated roof, two 14 ft grade level roll up doors. Sixteen parking spaces in the gated yard with room to spare. Light, bright office with kitchenette and 10 ft ceilings, LED lighting, and spacious offices. Comfortable for your clients and employees. Owner occupant plush and U-Haul businesses are also for sale. Building SF: 11533 | Land Size: 0.74 Ac | Listing Type: FOR SALE

Market Context

This industrial in Phoenix, AZ is listed for sale at $4,100,000 across 11,533 SF ($356/SF). It has been on the market for 71 days. Compare it against other industrial listings for sale in Phoenix, AZ — view the full market.

As of Q1 2026, the Phoenix industrial market showed an 11.9% vacancy rate, average asking rents near $13.08/SF/yr, and rents up 14.4% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

Is the Phoenix industrial market tightening or softening?
Vacancy is around 11.9%, with asking rents rising year over year (Q1 2026).

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