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7818 N 68TH Avenue, Glendale, AZ 85303
New Listing
Overview
Description
Supplements: ... (Read more) Additional features include grade-level loading, private parking, 200 AMP electrical service upgrade, office HVAC, warehouse evaporative cooling, and excellent truck access. Property is strategically located near Northern Ave and 68th Ave with convenient access to major transportation corridors, freeways, rail access, and surrounding industrial/commercial services. Investment highlights include a long-term tenant currently in place through January 2027 with tenant renewal interest expressed. Current income provides stable cash flow with additional upside potential from an owner-occupied warehouse/storage area that could generate supplemental rental income. Buyer to verify all facts, figures, measurements, zoning, and intended use.
Listing Details MLS# 7032810
Location, Tax & Legal
- House Number
- 7818
- Compass
- N
- Street Name
- 68TH
- St Suffix
- Avenue
- City/Town Code
- Glendale
- State/Province
- AZ
- Zip Code
- 85303
- Zip4
- 1315
- Country
- US
- County Code
- Maricopa
- Subdivision
- 67TH AVE & NORTHERN INDUSTRIAL PARK
- Assessor Number
- 143-24-031-9
- Tax Year
- 2025
- Assessor's Map #
- 24
- Legal Description (Abbrev)
- LOT 26 67TH AVE & NORTHERN INDUSTRIAL PARK MCR 020723
- Assessor's Parcel #
- 31
- Assessor Parcel Ltr
- 9
- Add'l Parcels
- Yes
- Tax Municipality
- Glendale
- Census Tract
- 92705
- Taxes
- 12173.86
- Legal
- 7818/7828 LOT 26 67TH AVE & NORTHERN INDUSTRIAL PARK MCR 020723 & LOT 27 67TH AVE & NORTHERN INDUSTRIAL PARK MCR 0207
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Industrial Office Warehouse
- Ttl Apx SqFt Bldg
- 9518
- # of Buildings
- Yes
- Year Built
- 1981
- Uncvrd Parking Spcs
- 5
- Zoning
- I-2/ HEAVY
Remarks Misc
- Cross Street
- NORTHERN & 68TH AVE.
- Directions
- 68th Ave South of Northern Ave
Legal Info
- Township
- 2N
- Range
- 1E
- Section
- Yes
- Lot Number
- 26
Income Expenses
- Gross Annual Sch Inc
- 156000
- Net Operating Income
- 142200
More Information
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Phone Call
- Yes
Contact Info
- List Agent Cell Phn2
- 6239809134
Currently Not Used
- Sold Price Per SqFt
- 252.05
Construction
- Block
- Yes
- Stucco
- Yes
Roofing
- Tile
- Yes
- Foam
- Yes
Floors
- Concrete
- Yes
- Ceramic Tile
- Yes
- Carpet
- Yes
Income & Expenses
- Annual Ins Exp
- 4000
- Annual Legal & Acctg
- 1000
- Annual Mgmt Exp
- 1000
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 18173.86
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 148200
Building Type
- Commercial
- Yes
- Industrial
- Yes
- Office
- Yes
- Manufacturing
- Yes
- Distribution/Warehouse
- Yes
Business Type
- Professional/Office
- Yes
- Warehouse
- Yes
Pmt & Rate Info
- Cap Rate
- 5.93
Lockbox Type
- See Private Remarks
- Yes
- None
- Yes
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
- 16.1 Feet to 28 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Office A/C
- Yes
- Warehouse Evap
- Yes
Interior Features
- Smoke Detector(s)
- Yes
- Security System
- Yes
- Alarm System
- Yes
- Phone System
- Yes
- Private Restrooms
- Yes
Loading Facilities
- Grade Level
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
- Paved
- Yes
Exterior
- Storage Yard
- Yes
Source of Fincl Data
- Owner
- Yes
Road Responsibility
- City Maintained Road
- Yes
Traffic Count
- Unknown
- Yes
Fencing
- Block
- Yes
- Security
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- Up to 1 Mile
- Yes
- 2.1 - 5 Miles
- Yes
- Other (See Remarks)
- Yes
Building Features
- Conference Room
- Yes
- Reception Room
- Yes
- Kitchen
- Yes
- Security Gate
- Yes
Sewer
- Sewer - Public
- Yes
Railroad
- Railroad 1 - 5 Miles
- Yes
Parking Features
- Fenced
- Yes
- Parking Lot
- Yes
- Private
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
- 220 Volts
- Yes
- 3 Phase Power
- Yes
Gas
- None
- Yes
New Financing
- 1031 Exchange
- Yes
- Other (See Remarks)
- Yes
Existing 1st Loan
- Private
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- Phase I Available
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
