Didenko Capital

Sell Your Warehouse in Phoenix, AZ

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Didenko Capital buys warehouses, IOS yards, and light-industrial and flex buildings in the Phoenix area. We buy warehouses in all states, including Arizona and the Phoenix area.

  • ✓ Cash offer
  • ✓ Sell as-is — no repairs needed
  • ✓ No commission to us
  • ✓ No listing

Selling in Phoenix comes with local rules. This page gives a Phoenix owner the City’s two industrial districts and their yard rules, the market’s submarkets and numbers, air cargo, and the Arizona rules on value appeals, the deed affidavit and voluntary cleanup.

Phoenix Warehouses, IOS Yards, and Flex Buildings

We buy truck yards, trailer yards, container yards, and other industrial outdoor storage (IOS) sites in the Phoenix area. We buy manufacturing buildings and industrial land in the Phoenix area.

We buy buildings that are leased to tenants, owner-occupied, or vacant. Condition does not rule a property out. Want to stay in the building after you sell? Ask us about a sale-leaseback.

Cushman & Wakefield’s Q3 2026 report on the Phoenix industrial market quotes rents per sq ft per month, not per year: the average asking rent was $1.03 for warehouse/distribution space and $1.15 for manufacturing properties, while high-technology and office service buildings were at $1.31 and $1.37. Warehouse/distribution buildings took the largest share of leasing in that report, with 7.1 million sq ft in the third quarter and 20.3 million sq ft year to date. The report also notes that data centers were removed from its industrial inventory as of Q1 2026.

Phoenix Industrial Market Facts

Industrial Zoning in the City of Phoenix

The City of Phoenix Zoning Ordinance, published online by ICC Code Solutions, sets out an A-1 Light Industrial District in Section 627 and an A-2 Industrial District in Section 628. In the ordinance’s words, A-1 is a district of industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses. The A-2 district is designed for uses with intensive use of property, open uses and/or storage, or industrial processes that may involve large amounts of materials transfer and extended or multiple shift operation.

DistrictYards and outdoor storageTrucksContainers
A-1 Light Industrial (Section 627)Permitted uses include freight yards, storage yards for bulk material and for equipment, and contractors equipment and supplies storageMotor freight company warehouses are a permitted use; no separate truck or trailer parking use is listed. Areas used for truck parking, loading or unloading within 150 feet of a residence district need an 8-foot wallNo container yard use is listed. A use permit is required to install or place temporary storage containers, and their area must be screened by a solid masonry wall at least 8 feet high or so it is not visible from the property line or street
A-2 Industrial (Section 628)Permitted uses include extensive outside uses, meaning outside activities and storage of materials as the primary use, and contractor yards and shops with storage of equipment and materials as an accessory useRepair and service of commercial trucks over three-fourths ton rated capacity is listed with contractor yards; no separate truck or trailer parking use is listed. The same 8-foot wall rule applies to truck parking, loading or unloading areas within 150 feet of a residence districtNo container use is listed
  • In both districts, except for vehicle parking areas, no outdoor uses, outdoor storage or open buildings may be within 75 feet of a public street, and outside storage or use within 100 feet of a residential district or a public street must be screened by a 6-foot solid fence or wall.
  • Open storage may be no higher than 6 feet, plus 1 foot for every additional 3 feet of setback from a property line.
  • Building height is capped at 56 feet in A-1 and A-2, or up to 80 feet with a use permit and a specific plan of development; the City Council may allow a warehouse up to 110 feet on a recommendation from the Planning Commission.
  • Each section also says no individual site in the Industrial District may be sold or leased if it is not of sufficient size to be developed under that section’s requirements.
  • The City’s Open Land Use information sheet lists product storage, scrap and recycling yards, tire storage and pallet storage among open land uses, and says an applicant must verify that the proposed use is allowed in the zoning district for that property.

Sources: City of Phoenix Zoning Ordinance (hosted by ICC Code Solutions), Section 627: A-1 Light Industrial District, online code, current through Ordinance G-7461 (passed December 3, 2025); City of Phoenix Zoning Ordinance (hosted by ICC Code Solutions), Section 628: A-2 Industrial District, online code, current through Ordinance G-7461 (passed December 3, 2025); City of Phoenix Planning & Development Department, Open Land Use Information, TRT/DOC/00985, Rev. 08/16 (2-page PDF).

A summary, not legal advice: the Zoning Code itself governs.

Overlays can change what a base district allows, so check your exact property.

The Phoenix Industrial Market in Q3 2026

Cushman & Wakefield’s MarketBeat Phoenix Industrial report for Q3 2026 gives these metro figures:

  • Inventory: 452,936,481 sq ft across five submarkets.
  • Vacancy: 10.3% overall, down 300 basis points from a year earlier, which the report calls the largest drop in over four years. Buildings of 300,000 sq ft or more were 5.1% vacant, against 14.6% in Q3 2025; mid-box buildings of 100,000 to 250,000 sq ft were still at 19.7%, though 340 basis points lower than a year before.
  • Net absorption: 4,010,118 sq ft in the third quarter and 13,595,935 sq ft year to date, already more than the full-year totals for 2023 (13.2 million sq ft) and 2025 (12.5 million sq ft).
  • Leasing: 8.3 million sq ft in the quarter and 23.7 million sq ft year to date, the third-strongest first three quarters of a year on record.
  • Asking rent: $1.16 per sq ft per month direct and $1.13 overall, triple net; both rates have risen three quarters in a row, the first such run since Q1-Q3 2022.
  • Completions: 9.0 million sq ft delivered over the last 12 months, 68% below the 2022-2025 annual average of 28.0 million sq ft, while net absorption over the same span was 20.5 million sq ft.
  • Under construction: 20.5 million sq ft, the most since mid-2024, of which 13.4 million sq ft is speculative and 7.1 million sq ft build-to-suit.

These are one firm’s figures for one quarter.

Newer quarters and other reports may differ.

The Five Phoenix Industrial Submarkets

The report’s statistics table splits the market into five submarkets, listed here by inventory:

SubmarketInventory (sq ft)Overall vacancyUnder construction (sq ft)
Southwest Valley206,222,4609.3%10,490,741
Southeast Valley104,543,46815.2%4,939,472
Airport69,996,7689.4%1,390,222
Northwest Valley57,877,2647.4%2,957,905
Northeast Valley14,296,5216.8%740,593

The Southeast Valley led net absorption in the quarter at 1.8 million sq ft, its 25th positive quarter in a row and the first time it led the market since mid-2017. The Airport Area absorbed 428,652 sq ft, its strongest quarter since at least 2000, and its overall asking rate rose 3.2% to $1.18 per sq ft per month.

In the Southwest Valley, space under construction grew from 2.2 million sq ft in Q4 2025 to 10.5 million sq ft in Q3 2026, and the report counts over 4.3 million sq ft of signed leases there scheduled to commence in the coming quarter.

Source: Cushman & Wakefield, MarketBeat Phoenix Industrial, Q3 2026 (4-page PDF).

Sky Harbor Air Cargo

  • Phoenix Sky Harbor International: 1,892,738,768 lbs of all-cargo landed weight in calendar year 2025, 3.68% more than in 2024, put it 21st in the Federal Aviation Administration’s final ranking.

Source: Federal Aviation Administration, Final Calendar Year 2025 All-Cargo Landed Weight, PHX row, table dated 9/22/2026.

How It Works

  1. Tell us about your property. Fill out the short form: the address, the condition, and when you want to sell.
  2. We look at it. We review the details and look at the property.
  3. You get a cash offer.
  4. You decide. Say yes and we sign a purchase agreement. Say no and you owe nothing.

There is no commission to us and no fee to us. Asking for an offer is free, and you are not committed to anything unless you sign a purchase agreement.

Selling a Warehouse in Phoenix: Frequently Asked Questions

Who buys warehouses directly from owners in Phoenix?

Direct buyers such as Didenko Capital. Didenko Capital buys warehouses, IOS yards, and light-industrial and flex buildings in the Phoenix area.

Can I run an IOS yard on industrial land in Phoenix?

It depends on the zoning district. Under the City of Phoenix Zoning Ordinance, the A-1 list of permitted uses includes freight yards and storage yards for bulk material and for equipment, and the A-2 district permits outside activities and storage of materials as the primary use. Truck and trailer parking has no use listing of its own in either section; both require an 8-foot wall where areas used for truck parking, loading or unloading are within 150 feet of a residence district. No container yard use appears in either section, and the A-1 section requires a use permit to install or place temporary storage containers. Ask your attorney before counting on a use.

Where do I find the zoning of a Phoenix property?

The City’s Planning & Development Department offers My Community Map: Zoning and Permit Activities, and notes that no guarantee is given as to the accuracy or currency of the map data. The Zoning Division can give the zoning and permitted uses of industrial, commercial, office and residential properties, but only for properties incorporated into the City of Phoenix; for other jurisdictions, such as Scottsdale or Maricopa County, the City says to contact those jurisdictions.

Can I appeal the value of an industrial property in Maricopa County?

The Maricopa County Assessor says a Petition for Review of Real Property Valuation must be filed within 60 days after the Assessor mailed the Notice of Value; Arizona Revised Statutes section 42-16051 sets the same sixty-day window. An owner not satisfied with the Assessor’s decision may appeal to the State Board of Equalization within 25 days. Small claims cases, the Assessor’s handout says, can address any type of property valued under $2 million, and a court appeal must be filed by December 15 of the year the owner received the Notice of Value, or, after an administrative appeal, within 60 days of the most recent administrative decision. The handout adds that the Limited Property Value is the sole value used to calculate property taxes, and its increase is limited to 5% each year unless there has been a significant addition or deletion or a change in the property’s use.

What has to be filed with the deed when Arizona property is sold?

Arizona Revised Statutes section 11-1133 says each deed evidencing a transfer of title must have an affidavit of the seller and the buyer, or their agents, appended at the time of recording, and the county recorder shall refuse to record a deed without a complete affidavit unless it notes an exemption. The Arizona Department of Revenue’s form 82162, the Affidavit of Property Value, is used to record the selling price, date of sale and other required information about the sale. The form tells the parties, unless exempt, to complete, sign and notarize it and submit it to the County Recorder; failure to complete and attest to it is a class 2 misdemeanor.

What if an older Phoenix site has environmental history?

Environmental history is part of how we price a property, not an automatic no. Arizona Revised Statutes section 49-172 lets any person ask the state environmental department to review and approve work that addresses a release of a contaminant, by applying to the voluntary remediation program. An approved applicant that achieves the remediation levels and controls set under the program may request a no further action determination. Section 49-181 says that means no further action by the department to remediate or require remediation of the area it covers, unless the determination is rescinded or amended, for example on discovery of new information. Ask an environmental attorney or consultant about your site.

Is it a cash offer?

Yes. We make cash offers.

Do you buy warehouses in Arizona?

Yes. We buy in all states.

Get a Cash Offer for Your Phoenix Warehouse

We buy in all states, as-is, with a cash offer and no commission to us. Tell us about your warehouse and get a cash offer.

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Sources

Facts on this page come from the public sources listed at the bottom, read on the dates shown.

  1. Cushman & Wakefield, MarketBeat Phoenix Industrial, Q3 2026 (4-page PDF) (read 2026-10-27).
  2. Federal Aviation Administration, Final Calendar Year 2025 All-Cargo Landed Weight, PHX row, table dated 9/22/2026 (read 2026-10-27).
  3. City of Phoenix Zoning Ordinance (hosted by ICC Code Solutions), Section 627: A-1 Light Industrial District, online code, current through Ordinance G-7461 (passed December 3, 2025) (read 2026-10-27).
  4. City of Phoenix Zoning Ordinance (hosted by ICC Code Solutions), Section 628: A-2 Industrial District, online code, current through Ordinance G-7461 (passed December 3, 2025) (read 2026-10-27).
  5. City of Phoenix Planning & Development Department, Open Land Use Information, TRT/DOC/00985, Rev. 08/16 (2-page PDF) (read 2026-10-27).
  6. City of Phoenix Planning & Development Department, Frequently Asked Zoning Questions, pz00006, revised 1/29/13 (4-page PDF) (read 2026-10-27).
  7. City of Phoenix Planning & Development Department, My Community Map, web page (read 2026-10-27).
  8. Maricopa County Assessor, 2026 Valuation, Appeal & Taxation Process, FOR-143 V1 (2-page PDF) (read 2026-10-27).
  9. Arizona State Legislature, Arizona Revised Statutes, 42-16051 – Petition for assessor review of improper valuation or classification, online statute text (read 2026-10-27).
  10. Arizona State Legislature, Arizona Revised Statutes, 11-1133. Affidavit of legal value, online statute text (read 2026-10-27).
  11. Arizona Department of Revenue, Affidavit of Property Value (form 82162), form page (read 2026-10-27).
  12. Arizona Department of Revenue, Affidavit of Property Value, form 82162, 82162 (09/2026) (PDF) (read 2026-10-27).
  13. Arizona State Legislature, Arizona Revised Statutes, 49-172. Applicability (voluntary remediation program), online statute text (read 2026-10-27).
  14. Arizona State Legislature, Arizona Revised Statutes, 49-181 – Requests for no further action determination, online statute text (read 2026-10-27).
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