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29446735
29446742

1515 W Deer Valley Rd, Phoenix, AZ 85027

PB
AZ SA706184000
Basis Commercial
ND
AZ BR692351000
Basis Commercial
Listed by Basis Commercial
$1,025,000
129 days on market
Updated 61 days ago
Opportunity zone

1515 W Deer Valley Rd #102B

Details
APN 209-25-022
Property Type Industrial
Sub Type Warehouse
Square Footage 2,640
Occupancy 100%
Tenancy Single
Lease Type NNN
Pro-Forma Cap Rate 7.25%
Pro-Forma NOI $74,340
Price per SqFt $388
Class B
Investment Type Net Lease
Occupancy Date 01/28/2026
Ceiling Height 16

NNN Investment Opportunity

Marketing description

Investment Overview:

Tenant 'Pork on a Fork' currently on a month-to-month

lease paying $6,195/Month Modified Gross

Tenant to sign a new 5-year lease at $6,195/Month

NNN with a 5-year option to renew at COE

7.3% Cap Rate (Pro Forma)

3% Annual increases

Mission Critical Location - Tenant has been in business

at this location since 2010

Loyal customer base in Deer Valley, catering for special

events and parties, sauce and rub sales

The Deer Valley industrial market in Phoenix is

exceptionally strong, driven by robust leasing and

investment activity, low vacancy, strategic access to

major freeway infrastructure and proximity to major

demand drivers like the growing semiconductor

ecosystem, making it one of the most in-demand and

resilient industrial submarkets in the metro.

Listing Contacts

PB
AZ SA706184000
Basis Commercial
ND
AZ BR692351000
Basis Commercial
Listed by Basis Commercial

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Additional Information

Name
Preston Brimhall
License
SA706184000
Brokerage
Basis Commercial Real Estate
Brokerage Phone
(602) 834-0151
Title
Partner
Brokerage Address
7250 North 16th Street
Name
Nick DePaul
License
BR692351000
Brokerage
Basis Commercial Real Estate
Brokerage Phone
4804143818
Title
Partner
Brokerage Address
7250 North 16th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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