$13,610,000
7.3% cap · 41,910 sq ft RBA · Class C
778 E Camelback Rd
Phoenix, AZ 85007
Listed 6 months ago$325/sq ft
01 / 06
PendingIndustrial
$12,690,000
4673 W McDowell Rd
Roosevelt Row · Phoenix, AZ 85016
$146/sq ft87 days on market2.0K views133 saves
Key facts
- Interior
- 86,750 sq ft
- Lot
- 4.04 acres
- Year built
- 1983
- Property type
- Industrial
- Price / sq ft
- $146/sq ft
- Annual taxes
- $78,680
- Days on market
- 87
Getting around
Walk Score95
Walker's Paradise
Transit Score62
Good Transit
Bike Score82
Very Bikeable
About this property
Value-add industrial facility in Roosevelt Row with below-market rents rolling inside the next cycle. Loading Dock and fenced yard storage make the space genuinely functional rather than merely leasable. Offers reviewed as received.
Investment summary
Investment summary
Cap rate
6.40%
Net operating income ÷ price
Net operating income
$812,160
Annual, after operating expenses
Cash-on-cash
+2.0%
$75,676 annual cash flow on $3,807,000 equity
Occupancy78%
67,665 sq ft leased of 86,750 sq ft
- Tenants
- 5
- Rentable area
- 86,750 sq ft
- Price / sq ft
- $146/sq ft
- WALE
- 5.3 yrs
- Lease type
- NNN
- Building class
- Class B
- Zoning
- IL
- Parking
- 100 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $736,484 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Outdoor
- Loading Dock
- Fenced Yard Storage
Systems & Efficiency
- Sprinkler System
Highlights
- Highway Frontage
- 32' Clear Height
- Opportunity Zone
- NNN Leases in Place
- Recent Capital Improvements
- Build-to-Suit Ready
Price history
Every listing event recorded for this property.
- Listed
- Pending
- Sold
| Date | Event | Price |
|---|---|---|
| 2017-02-27 | Sold | $7,626,000 |
| 2026-04-29 | Listed | $12,690,000 |
| 2026-07-18 | Pending | $12,690,000 |
Location
Roosevelt Row, Phoenix — Maricopa County
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Approximate location · Roosevelt Row
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Estimated monthly
$73,759/mo
- Principal & interest86%$63,501
- Property tax9%$6,557
- Home insurance5%$3,701
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
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Loan amount $10,152,000 · 30 yr · 6.40%
