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12/05/25
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A 44.3k sf industrial outdoor storage (IOS) facility in Phoenix was purchased by an owner/user in a $4.6 mil ($104/sf) transaction. The property, situated on 3.4 acres at 724 E Southern Pacific Dr, features multiple warehouse and canopy structures, office space and significant industrial infrastructure.
724 E Southern Pacific Drive offers six entry and exit points for efficient ingress and egress at the four-building property. Key features include grade level oversized doors, an 18-foot clear height and heavy industrial (A-2) zoning.
Located in the heart of Phoenix’s industrial district, 724 E Southern Pacific Drive offers immediate access to major transportation routes and is positioned for optimal connectivity to the broader metropolitan area. The site’s proximity to downtown Phoenix, arterial highways and regional infrastructure supports efficient logistics and distribution operations. The property’s central location also provides convenient access to a wide range of industrial services, suppliers and amenities, making it an ideal choice for owner/users seeking a strategic operational base in Phoenix.
Cushman & Wakefield’s Will Groves represented the seller, Capitol Engineering, in the transaction. According to Grovers, the seller had occupied this historic downtown industrial property since the 1940s.
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