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Hopewell 67 - Availability Details

Off-Market

6880 West Van Buren Street, Phoenix, AZ 85043

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 162,840 Sqft
  • Lot Size 10.29 Acre
  • Parking Spaces Avail. 271
  • Parking Ratio 1.67/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2020

Location

  • City Phoenix, AZ
  • Neighborhood Estrella Village
  • Zip Code 85043
  • Market Phoenix

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 04 Jun, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Phoenix

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Phoenix Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.67
  • 2020 Office Vacancy Rate 20.66%
  • 2020 Office Completions (Sqft) 475,417

Phoenix Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $128.17
  • Y-o-Y Avg. PpSF Change -19.37%
  • 2020 Office Sales Volume $209.1M
  • 2020 Number of Transactions 28
View more Phoenix market trends

Tax

  • Property Tax in 2021 $289,818
  • Market Value $15,972,900
  • Assessed Value $15,972,900

Find more tax info, including assessment history and abatements, on CommercialEdge