10016 S 51st Street

10016 S 51st Street Phoenix, AZ 85044

10016 S 51st Street, Phoenix, AZ, 85044
10016 S 51st Street, Phoenix, AZ, 85044
FOR SALE FOR LEASE
Property Type:
Industrial
Amount:
$2,850,000
Last Verified:
May 07, 2019

Highlights


Description

Freestanding Research & Development Building

Freestanding research and development flex building located in the desirable Chandler Industrial Submarket. Building is 100% air-conditioned and is comprised of approximately 20% office and 80% warehouse and production space. The building features a loading dock, a truck well, a machine shop, fenced yard, indoor drop tower and two ballistics testing facilities. The building also includes 130 parking stalls with a 4.6 per 1,000 SF ratio and is fully sprinklered. Located minutes from Sky Harbor Airport with convenient access to I-10 and US 60.

Located east of 48th Street on S. 51st Street South of Elliott Road

Building Size: 32153.0sq ft
Lot Size: 2.8 acres

Units for Lease

10016 S. 51st Street
Space Available: 32153 SF
Lease Type: NNN

Price Per Sqft/Year: $8.4

Map of 10016 S 51st Street, Phoenix, AZ, 85044

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.