841 South 71st Avenue — Sale in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Phoenix, AZ 85043
  • Year built: 1995

Investment Figures

Cap rate
1.00%

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

Marcus & Millichap is pleased to offer for sale this exceptional mid-sized industrial manufacturing warehouse opportunity. This location offers a user the mobility and access to serve the entire Phoenix Metro valley commercial and residential base and is positioned to be a perfect asset for a manufacturing or service company. Additionally, it is an exceptional location for a company whose focus supports the millions of square feet of large distribution space surrounding the asset. A supporting attribute to this prime asset is the ± 1.0 acre of additional land which can be purposed for industrial outdoor storage space (IOS), a very valuable, scarce, and highly sought after feature in an industrial property. Two separate parcels constitute this offering, the smaller land parcel can be separately sold to partially recoup acquisition costs or developed into a small speculative light industrial facility to meet the high market demand for this product. Total office space is +/- 8,026 square feet with 4,013 square feet on lower and 4,013 square feet on upper floor. Additional value is achieved ± 2,320 square feet of warehouse mezzanine space which is not included in the asset’s total square footage figure. This offering is priced to realize a quick sale to a motivated and prepared buyer who understands the value of this location, the quality of this building, and to meet their opportunities for future business and appreciation growth. Investment Highlights: • 35,328 INDUSTRIAL MANUFACTURING WAREHOUSE • 2 PARCELS TOTAL / ± 146,773 (3.37AC)/ ± 24.1% COVERAGE (IOS) • NEWLY PAINTED EXTERIOR / WAREHOUSE INTERIOR, NEW ASPHALT SEAL, SLURRY, STRIPE

Market Context

This industrial in Phoenix, AZ is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1995. It has been on the market for 100 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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