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2423 E University Dr
Phoenix, AZ 85034
Industrial Property For Sale

Investment Highlights

  • Freestanding cold storage building with ±17,671 SF of space designed for diversified storage needs.
  • Includes ±8,846 SF of refrigerated space, ±3,364 SF cold storage, and a dedicated 0° freezer.
  • Close proximity to Phoenix Sky Harbor Airport and major freeways including I-10, Loop 202, and SR-143.
  • Well-equipped with three dock-high doors, up to 20-foot clear height, and working floor drains.
  • Office and shipping areas feature climate control, LED lighting, and high-speed fiber connectivity.
  • Recent renovations include LED lighting upgrades and fully insulated storage systems.

Executive Summary

This ±17,671 square foot cold storage building offers a rare opportunity for owner-users or investors seeking an adaptable food-grade facility in Phoenix’s central industrial corridor. The property combines extensive refrigerated and freezer space with a well-designed office component and efficient warehouse layout. Located minutes from Phoenix Sky Harbor International Airport and surrounded by major transportation routes including Interstate 10, State Route 143, and Loop 202, the site provides exceptional regional connectivity for distribution and logistics.
Previously renovated with modern upgrades, the facility includes a fully insulated cold storage area capable of maintaining 0° and 32° environments, along with LED-lighted dry storage and working floor drains. The office space is air-conditioned and connected with high-speed fiber optics. Three dock-high loading doors and up to 20' clear height enhance operational efficiency for shipping and receiving. With significant power capacity and a freon-based cooling system, this building is structured for businesses requiring reliable, temperature-controlled environments.
Positioned within one of Phoenix’s most active industrial markets, this asset’s combination of functionality, access, and cold storage infrastructure makes it a strong long-term investment.

Property Facts

Sale Type Owner User
Property Type Industrial
Property Subtype Refrigeration/Cold Storage
Building Class B
Lot Size 1.12 AC
Rentable Building Area 17,671 SF
No. Stories 1
Year Built 1969
Tenancy Single
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 2
Zoning A-2 - Heavy Industrial

Amenities

  • Cooler
  • Fenced Lot
  • Floor Drains
  • Freezer (Space)
  • Signage
  • Storage Space

Utilities

  • Lighting

Property Taxes

Property Taxes

Parcel Number
121-43-063C
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$230,202 CAD
  • Listing ID: 41112895

  • Date on Market: 2026-06-30

  • Last Updated:

  • Address: 2423 E University Dr, Phoenix, AZ 85034

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