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4728 E Van Buren St 34,078 SF Specialty Building Offered at $1,762,300 CAD at a 5.76% Cap Rate in Phoenix, AZ 85008
Investment Highlights
- Positioned just 1.3 miles from Phoenix Sky Harbor International Airport.
- NNN leaseback structure with a 10-year term for consistent income.
- Fully fenced and paved lot equipped for automotive parking and storage.
- Close to major arterials including Loop 202, SR-143, and I-10 for strong connectivity.
Executive Summary
This unique sale-leaseback investment opportunity is located at 4728 E Van Buren Street, just 1.3 miles from Phoenix Sky Harbor International Airport. The fully fenced and paved lot serves as a critical hub for airport parking and rental vehicle storage, catering to a steady stream of clients driven by Phoenix’s robust travel and tourism industry. The property will be leased back on a long-term NNN basis, providing stable income potential with minimal landlord responsibilities.
Its placement along Van Buren Street benefits from visibility to 19,945 vehicles per day and immediate connectivity to major thoroughfares including Loop 202, SR-143, and Interstate 10. The site is also proximate to Downtown Phoenix, Papago Park, and Arizona State University, attracting substantial business and leisure traffic. With water available at the lot and electrical infrastructure included in permitting, this property offers both operational readiness and value-backed positioning for long-term ownership benefits.
Its placement along Van Buren Street benefits from visibility to 19,945 vehicles per day and immediate connectivity to major thoroughfares including Loop 202, SR-143, and Interstate 10. The site is also proximate to Downtown Phoenix, Papago Park, and Arizona State University, attracting substantial business and leisure traffic. With water available at the lot and electrical infrastructure included in permitting, this property offers both operational readiness and value-backed positioning for long-term ownership benefits.
Property Facts
| Price | $1,762,300 CAD | Building Class | C |
| Price Per SF | $51.71 CAD | Lot Size | 0.80 AC |
| Sale Type | Investment | Building Size | 34,078 SF |
| Cap Rate | 5.76% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2000 |
| Property Subtype | Parking Lot | ||
| Zoning | C-3 - C-3 General Commercial District | ||
| Price | $1,762,300 CAD |
| Price Per SF | $51.71 CAD |
| Sale Type | Investment |
| Cap Rate | 5.76% |
| Property Type | Specialty |
| Property Subtype | Parking Lot |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 34,078 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Zoning | C-3 - C-3 General Commercial District |
Amenities
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 125-31-120B | Improvements Assessment | $0 CAD |
| Land Assessment | $38,768 CAD | Total Assessment | $38,768 CAD |
Property Taxes
Parcel Number
125-31-120B
Land Assessment
$38,768 CAD
Improvements Assessment
$0 CAD
Total Assessment
$38,768 CAD
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4728 E Van Buren St
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