$2,399,000
Glendale, AZ 85303
MLS# 7032810

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Property Description
Exceptional opportunity to acquire a well-maintained heavy industrial office/warehouse property in the highly sought-after Glendale Industrial Park. This versatile I-2 zoned facility offers approx. 9,518 SF situated on a 36,720 SF lot - is ideal for owner-users, investors, contractors, manufacturing, distribution, or warehouse operations. The property features three oversized warehouse areas, five covered loading/service bays, six private offices, conference/reception areas, break room/kitchen, and three restrooms. The site also includes a large secured and paved storage yard with dual rolling gates, perimeter security fencing, and excellent functionality for equipment, fleet, or material storage. Building improvements have been updated and well maintained throughout ownership.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $2,399,000
List Price: $2,399,000
Status: Active
List Date: 2026-05-24
Location, Tax & Legal
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
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
General Property Description
Type of Property: Industrial Office Warehouse
Ttl Apx SqFt Bldg: 9518
# of Buildings: 1
Uncvrd Parking Spcs: 5
Year Built: 1981
Zoning: I-2/ HEAVY
Currently Not Used
Sold Price Per SqFt: 252.05
Legal Info
Range: 1E
Section: 1
Township: 2N
Lot Number: 26
Construction
Block: 1
Stucco: 1
Roofing
Tile: 1
Foam: 1
Floors
Concrete: 1
Ceramic Tile: 1
Carpet: 1
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
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 148200
Building Type
Commercial: 1
Industrial: 1
Office: 1
Manufacturing: 1
Distribution/Warehouse: 1
Business Type
Professional/Office: 1
Warehouse: 1
Pmt & Rate Info
Cap Rate: 5.93
Equity: 2399000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
See Private Remarks: 1
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
16.1 Feet to 28 Feet: 1
Heating
Electric: 1
Cooling
Office A/C: 1
Warehouse Evap: 1
Interior Features
Smoke Detector(s): 1
Security System: 1
Alarm System: 1
Phone System: 1
Private Restrooms: 1
Loading Facilities
Grade Level: 1
Road Surface Type
Asphalt: 1
Paved: 1
Exterior
Storage Yard: 1
Source of Fincl Data
Owner: 1
Traffic Count
Unknown: 1
Fencing
Block: 1
Security: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
2.1 - 5 Miles: 1
Other (See Remarks): 1
Building Features
Conference Room: 1
Reception Room: 1
Kitchen: 1
Security Gate: 1
Sewer
Sewer - Public: 1
Railroad
Railroad 1 - 5 Miles: 1
Parking Features
Fenced: 1
Parking Lot: 1
Private: 1
Paved: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Phase I Available: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Cell Phn2: 6239809134
Remarks Misc
Cross Street: NORTHERN & 68TH AVE.
Directions: 68th Ave South of Northern Ave
Geo Lat: 33.551034
Geo Lon: -112.204834
Income Expenses
Gross Annual Sch Inc: 156000
Net Operating Income: 142200
Property Features
Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehouse
Business Type: Professional/Office; Warehouse
Construction: Block; Stucco
Roofing: Tile; Foam
Floors: Concrete; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet
Cooling: Office A/C; Warehouse Evap
Loading Facilities: Grade Level
Interior Features: Smoke Detector(s); Security System; Alarm System; Phone System; Private Restrooms
Exterior: Storage Yard
Fencing: Block; Security
Building Features: Conference Room; Reception Room; Kitchen; Security Gate
Parking Features: Fenced; Parking Lot; Private; Paved
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
Railroad: Railroad 1 - 5 Miles
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Phone Call
Lockbox Type: See Private Remarks; None
Source of Fincl Data: Owner
Existing 1st Loan: Private
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Paved; Asphalt
Traffic Count: Unknown
Environmental: Phase I Available
Supplements
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 Office: HomeSmart
Last Updated: May - 24 - 2026
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