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1645-1711 E Jackson St 54,085 SF 83% Leased Industrial Building Phoenix, AZ 85034 $11,473,731 CAD ($212.14 CAD/SF) 5.80% Cap Rate
Investment Highlights
- Prime Sky Harbor Infill Industrial Location
- ±54,085 SF Industrial Portfolio on ±2.20 Acres
- Leasing Activity Already Underway
- Small Bay Industrial 4-Building Campus
- One Vacant Building (8,640 SF) White-Boxed and For Lease
- Recent Capital Improvements Completed
Executive Summary
The property consists of four industrial buildings totaling approximately ±54,085 square feet on ±2.20 acres, configured for flexible multi-tenant industrial occupancy including fabrication, contractor, logistics, manufacturing, and service industrial users. The property has recently completed capital improvements and is positioned for continued leasing activity and NOI growth.
The asset currently produces approximately $469,192 in net operating income at approximately 83% occupancy, with one remaining vacant small bay building of ±8,640 SF that has already been renovated, white-boxed, and is actively being marketed for lease. Leasing this final building is expected to increase NOI to approximately $582,952 stabilized, representing a 7.2% stabilized cap rate at the $8.1 million offering price, simply by signing the last small bay space that is already on the market with leasing activity underway.
Beyond stabilization, the property has staggered lease expirations between 2026 and 2030, allowing future ownership to increase rents to market over time. Several tenants are currently below market rent, creating a clear path to long-term NOI growth through lease rollover, rental rate growth, and continued demand within the Sky Harbor industrial corridor.
This investment provides buyers the opportunity to acquire infill industrial product below replacement cost with immediate income, near-term stabilization upside, and long-term NOI growth through rent increases and lease rollover, making it attractive to private investors, 1031 buyers, family offices, and institutional buyers seeking stabilized infill industrial assets.
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Floor Drains
- Front Loading
- Mezzanine
- Security System
- Skylights
- Shallow Bay
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
1645 to 1711 E. Jackson Street offers functional small bay industrial space in Phoenix’s highly active Sky Harbor Airport industrial corridor. The property is part of a four building, ±54,085 SF industrial park positioned just minutes from Phoenix Sky Harbor International Airport, Interstate 10, SR 143, and the broader Phoenix logistics network. The available space is ideal for warehouse, distribution, light manufacturing, assembly, contractor, service industrial, showroom warehouse, storage, and last mile users seeking infill Phoenix industrial space with strong access, flexible loading, and functional building infrastructure. The property features 18’ clear heights, clear span warehouse layouts, grade level loading, dock access, drive in doors, secured yard areas, canopied parking, truck access, and 3 phase power. Recent 2025 capital improvements include exterior upgrades, mechanical and plumbing improvements, security fencing, site access improvements, concrete and site upgrades, LED lighting, and updated building presentation. The Sky Harbor submarket remains one of Phoenix’s most supply constrained and strategically located industrial corridors, with immediate proximity to the airport, major freeways, downtown Phoenix, Tempe, and regional distribution routes. This is a strong opportunity for tenants seeking clean, functional, move in ready industrial space in a core infill location with limited competing availability.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 3 | 8,640 SF | Industrial | Full Build-Out | 30 Days |
1st Fl - 3
| Size |
| 8,640 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl - 3
| Size | 8,640 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | 30 Days |
1645 to 1711 E. Jackson Street offers functional small bay industrial space in Phoenix’s highly active Sky Harbor Airport industrial corridor. The property is part of a four building, ±54,085 SF industrial park positioned just minutes from Phoenix Sky Harbor International Airport, Interstate 10, SR 143, and the broader Phoenix logistics network. The available space is ideal for warehouse, distribution, light manufacturing, assembly, contractor, service industrial, showroom warehouse, storage, and last mile users seeking infill Phoenix industrial space with strong access, flexible loading, and functional building infrastructure. The property features 18’ clear heights, clear span warehouse layouts, grade level loading, dock access, drive in doors, secured yard areas, canopied parking, truck access, and 3 phase power. Recent 2025 capital improvements include exterior upgrades, mechanical and plumbing improvements, security fencing, site access improvements, concrete and site upgrades, LED lighting, and updated building presentation. The Sky Harbor submarket remains one of Phoenix’s most supply constrained and strategically located industrial corridors, with immediate proximity to the airport, major freeways, downtown Phoenix, Tempe, and regional distribution routes. This is a strong opportunity for tenants seeking clean, functional, move in ready industrial space in a core infill location with limited competing availability.
Property Taxes
| Parcel Number | 115-05-207 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $413,228 CAD |
Property Taxes
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1645-1711 E Jackson St
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